M.A.G, the new owners of Stansted airport and Ryanair have revealed a new 10 year expansion plan.
The growth agreement will see the airline increase the number of passengers it serves from just over 13 million a year to more than 18 million by 2018 and up to nearly 21 million by 2023.
The new agreement comes just six months after M.A.G took over the running of London Stansted.
Ryanair is Stansted's largest airline and serves more than 140 destinations.
Ken O'Toole, M.A.G's Chief Commercial Officer said. "The deal secures a new and exciting era for both Ryanair and Stansted and we are delighted to be supporting the airline's growth over the next 10-years. Over the next 5-years we want to make Stansted the best airport in London."
Michael O'Leary, Ryanair's Chief Executive, said." As Stansted's biggest airline, Ryanair looks forward to a decade of growing traffic, routes and jobs at Stansted."
More top news
A fine and sunny end to Friday will then be followed by a warm and muggy night. Warm and sunny on Saturday with the risk of a thunderstorm.
A beautician, disfigured for life when acid was thrown in her face, says she's upset her attacker is free after serving just half sentence.
A man whose three dogs died when he left them in his car in Cambridgeshire, has been speaking as part of a new RSPCA campaign.