Unregulated airport serving the capacity-constrained London market, the largest aviation market in the world. Catchment area of 23 million people living within a two hour drive. New rail link (funded by the Council) will reduce journey times to central London to ~30 minutes. Diversified airline mix and a strategic base for key airlines. Strong growth potential underpinned by the capacity-constrained London system, airline fleet expansion plans and yield upside.
London Luton Airport was the fifth largest and fastest growing airport in the UK prior to the COVID-19 pandemic in 2019. Located 29 miles north of London, the airport is non-price regulated and is operated under a concession agreement with London Borough Council until March 2031
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