Glasgow Airport's Investment Boost

Glasgow Airport has revealed that it is to close it's second runway to raise funds for the redevelopment of the Scottish hub.

It is predicted that closing the runway will save around £9 million which will be invested into new seating, flooring and lighting in the terminal building. Currently only usable by small aircraft and seeing usage by less than one flight a day, the second runway has been in use since the 1960s.

While an exact date for the runway closure has yet to be announced, managing director Gordon Dewar stated: "It makes no commercial sense to invest in a facility that is scarcely used."

The announcement of the runway closure was shortly followed by BAA's announcement that millions of pounds of investment will be pumped into the terminal at Glasgow this year. With almost a 50% leap in capital spend, money invested in terminal improvement will rise from the £16 million invested in 2007 to nearly £25 million for 2008.

Due for completion in October, the massive new Sky Hub at Glasgow will see most of the investment while other improvements are set to include refreshing the facilities at the main terminal. Additional security improvements along the forecourt are also expected to be part of the plan.

Mr Dewer said of the investment: "It promises to be an exciting year for the city's airport, with a massive 50% increase in infrastructure spend, including the biggest single investment made my BAA Glasgow for a generation, the new skyhub development."

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