Subject: South East losing out on £2bn of trade each year without a new runway – Let Britain Fly
Save Manston Airport association supports "Let Britain Fly" :
Manston Airport has the capacity to prevent a significant fraction of this loss every year, with RiverOak eager to cover the cost, and no need for billions of tax-payer’s money.
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Subject: South East losing out on £2bn of trade each year without a new runway – Let Britain Fly
Good afternoon,
It is more than a year since the Airports Commission published its final report on the expansion of airports capacity. During that year, the UK has missed out on at least £9.5bn in potential trade with emerging economies because we do not have a new runway. Those losses will continue to accumulate at the rate of £1.1 million every hour until the runway opens. The South East loses out on £2bn of potential trade each year that passes without runway capacity expansion.
Airfreight is essential to the future success of the UK economy. 40% of our £305bn exports travel by air. That includes anything valuable, perishable or required just-in-time, from Scottish Salmon to pharmaceuticals, Brompton bikes to Formula 1 cars. Today’s report undertaken by CEBR on behalf of Let Britain Fly, shows that the whole of UK plc is missing out huge volumes of trade with the top ten fastest growing emerging market economies because of a lack of runway capacity and connectivity.
We cannot afford to lose more. Government has a clear recommendation from the Commission to build a new runway, allowing us to open new routes to emerging markets and expand existing links. It must decide.
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