The Commission said it will now investigate further feasibility studies to look into proposals for new runways in two locations - at Heathrow and Gatwick.
At Gatwick, the group will study the airport's proposals for a new runway to the south of the existing runway.
At Heathrow, two options are on the table: the existing plan for one new 3,500m runway to the northwest, and a new proposals from Heathrow Hub to extend the existing northern runway to at least 6,000m, enabling the the extended runway to operate as two independent runways.
Gatwick airport should be encouraged to build a "robust business case" for a second runway at the West Sussex airport, the transport select committee has said.
They also recommended further expansions to Heathrow airport.
Speaking ahead of the Davies Commission interim report, committee chairwoman Louise Ellman said:
Gatwick airport should develop a robust business case for their vision of a second runway
The (committee's) inquiry found very clearly that Heathrow - the UK's only hub airport - has been short of capacity for a decade, is currently operating at full capacity and needs a third runway.
We also suggested that a four-runway proposal for Heathrow might have merit, especially if locating these westwards from the current site could curb the noise experienced by communities under the flight path.
"Due to technical problems at the Nats control centre, which controls London's airspace, flights are being disrupted. As soon as the fault is rectified, we will resume normal service as quickly as possible. We advise passengers to contact their airline for flight information.
A plan backed by Boris Johnson to replace Heathrow and move the airport east could be thrown off course. A £3 billion flaw has emerged in the Mayor's ambition to build an estuary airport on the Isle of Grain.
The site is currently used to supply a fifth of Britain's energy needs and moving that elsewhere would come with a huge price tag
ITV London Political Correspondent, Simon Harris reports: