Stansted Airport in Essex has unveiled expansion plans which would see the building of a second runway.
Already the third busiest airport in the UK, the multi-million pound project proposed by BAA would help it to cope with the 68 million passengers it is expected to be welcoming every year by 2030.
If the development is given the green light, the airport would double in size and, according to BAA, boost the country’s economy by £9 billion.
Sir Nigel Rudd, BAA chairman, said: "BAA is proud to reach the significant milestone in the future development of Stansted.
"We remain fully committed to building a second runway, a project that is central to government policy in delivering additional runway capacity in the south-east.
"This important project will bring huge benefits to the east of England and UK economy and will increase choice and opportunity for millions of business and leisure travellers."
Conservationists have expressed concerns over the project, however, saying it would damage the local community and have a huge impact on the environment. *[BAA]: British Airports Authority