EasyJet's London Stansted traffic to double over 5 years

June 13 Wed Jun 12, 2013 11:00pm EDT

June 13 (Reuters) - Low-cost airline easyJet Plc and Manchester Airports Group (MAG) said Thursday they have reached a deal to more than double the carrier's traffic at London Stansted Airport during the next five years.

Terms of the deal were not disclosed.

EasyJet, Europe's second-largest budget carrier behind Ryanair, said the deal would raise its Stansted passenger count to 6 million per year from the current 2.8 million.

The agreement comes three months after MAG bought single-runway Stansted from Heathrow Airport Holdings for 1.5 billion pounds ($2.35 billion).

Stansted, 50 kilometres northeast of central London, is Britain's fourth-busiest airport, handling just under 18 million passengers last year.

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