Airports
London Biggin Hill Airport Sees More Potential for Economic Impact
A new economic study shows increased added value and jobs
London Biggin Hill Airport
Biggin Hill Airport has contributed significantly to the London and UK economies, according to a new report by Lichfields. © London Biggin Hill Airport

London Biggin Hill Airport has estimated that it contributed £200 million ($250 million) to the UK economy in 2023, and in a report published on Wednesday, the business aviation hub said this figure could rise to more than £630 million in the future. The privately-owned airport in the southeast of the British capital commissioned Lichfields to conduct independent research on its economic impact, focusing on its role in driving investment, as well as supporting employment and economic benefits both locally and nationally.

According to the study’s findings, between 2012 and 2023, the gross value added (GVA) generated directly by airport-based businesses increased by 47.8% from £89 million to £131.4 million. On top of that figure, these companies spent £155.7 million in the wider UK economy.