LONDON—London Gatwick Airport will spend an additional £1.11 billion ($1.48 billion) on infrastructure so it can accommodate a predicted 53 million passengers a year by 2023. The investment in London’s second busiest gateway, announced June 13, is part of the airport’s rolling five-year Capital Investment Program, which will see around £266 million spent over the next 12 months. Key priorities for the program include an extension to the airport’s Pier 6, ...

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