UK's Heathrow profits jump on record passenger numbers
Britain's Heathrow Airport reported a jump in annual profit after passenger numbers rose to record levels in 2024, weeks after the government threw its weight behind the hub's expansion project as it seeks boosts to trade and economic growth.
Heathrow says profits jump and record passenger numbers show 3rd runway need
The west London airport reported pre-tax profits of £917m for 2024, up from £701m in 2023, with a 6% rise in annual passengers travelling through its four terminals to 83.9m
Heathrow's Soaring Success: Record Profits Amid Expansion Plans
Heathrow Airport announced a significant increase in annual profits for 2024 as passenger numbers reached record levels, surpassing pre-COVID figures. With a 31% rise in pretax profit, Heathrow plans to submit proposals for a third runway despite historical delays due to financial and environmental concerns.
Heathrow records 31% jump in annual profits
Heathrow has said a 31% surge in annual profits and a record year for passengers underscores the need for it to build a third runway. Owners of the west London airport reported pre-tax profits of £917 million for 2024, up from £701 million in 2023, with a 6% rise in annual passengers travelling through its four terminals to 83.9 million.
Heathrow pays first dividend since pandemic as passenger numbers hit record high
Heathrow airport plans to pay its owners a dividend for the first time since the pandemic, as it reported record passenger numbers ahead of a new tilt at building a third runway. The airport said on Wednesday that it would pay a dividend of £250mn to its shareholders in the coming weeks — its first payout since just before the pandemic struck in February 2020.
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London Heathrow Airport retail revenue growth outstrips passenger increase in 2024
Retail revenue, which includes retail concessions and car parking, was driven by higher numbers of departing passengers and an increased use of premium services, said the airport company.