§ Dr. SpinkTo ask the Secretary of State for Transport how he estimates the demand forecast in the February 2003 South East and East of England Regional Air Services document for Packages 20 and 21 in Annex D would be affected by Packages 6 and 9 in Annex D on the basis of availability of capacity in(a) 2011 and (b) 2024; and how Packages 6 and 9 would affect the Internal Rate of Return and Net Present Value of Packages 20 and 21. [100859]
§ Mr. JamiesonAlthough not specifically modelled, the impact of one or two additional Gatwick runways (package 6 or package 9) on package 21 (four new runways at Cliffe) would be to lower the economic benefits and financial internal rate of return from investing at Cliffe. Delaying the opening of a new Gatwick runway in package 20 (two runways at Cliffe in 2011 plus a narrow-spaced runway at Gatwick) from 2021 to 2024 reduces the present value of net economic benefits from that package by £180 million; there may also be a small impact on financial returns.