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London Stansted Airport

London Stansted Airport
Airport information
Airport typePublic
OwnerBAA Limited
OperatorStansted Airport Limited
LocationStansted Mountfitchet, Essex
Elevation106 m (348 ft)
Passenger change 09-10(-)6.9%
Aircraft Movements155140
Movements change 09-10(-)7.6%

London Stansted Airport

Property NameLondon Stansted second runway
ProposerBAA Ltd.
Estimated Cost£4 billion (£200m spent by 2010)
Planned Startunlikely before 2020
Planned Finishunlikely before 2022

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London Stansted Airport is a passenger airport located at Stansted Mountfitchet in the local government district of Uttlesford in Essex, 48 km (29.8 mi) northeast of Central London.

Stansted is a hub for a number of major European low-cost carriers, being the largest base for low-cost giant Ryanair with over 100 destinations served by the airline. It is the third-busiest airport in the United Kingdom and the third-largest airport serving the London area after Heathrow and Gatwick; it is one of London's six international airports, along with Luton, London City and Southend. Stansted's runway is also used by private companies such as the Harrods terminal which is opposite the main terminal building and handles private jets and some state visits.

The airport is owned and operated by BAA, which also owns and operates five other UK airports, and is itself owned by ADI Limited, an international consortium, which includes Caisse de dépôt et placement du Québec and GIC Special Investments, that is led by the Spanish Ferrovial Group. However in March 2009, the UK Competition Commission ruled that BAA must sell Stansted within two years, a decision quashed within a year, but later upheld.

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