Manchester Airports Group takes off amid expansion drive Transport and infrastructure The UK’s largest airport group has reported a record year of passenger traffic and rising profit as it presses ahead with a major programme of expansion. Manchester Airports Group, the conglomerate which owns Manchester, London Stansted and East Midlands airports, reported a 12.5 per cent increase in adjusted earnings before interest, taxation, depreciation and amortization [...]
Heathrow eyes earnings crunch as national insurance hike weighs Transport and infrastructure London Heathrow airport expects its earnings for 2025 to take a hit as it weighs the cost of Labour’s hike to employer’s national insurance contributions. The airport expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) to decrease by three per cent to near £1.98bn over the year due to higher operating costs brought on [...]
Heathrow reports dip in transatlantic travel as Trump turbulence hits demand Transport and infrastructure Heathrow Airport has reported a dip in transatlantic travel as Donald Trump’s erratic policymaking hits demand to the US. Some 1.9m passengers flew to North America in May, down 2.1 per cent year-on-year despite the airport reporting a record month overall. It comes after the European Travel Commission warned last month that Trump’s tariff war [...]
London Stansted Airport submits major expansion plans June 9, 2025 London Stansted Airport is seeking permission to increase the number of passengers it handles every year to more than 50m. The transport hub, which is owned by Manchester Airports Group, is hoping to up its annual passenger capacity to nearly 51m over the next two decades. The airport said it is aiming to complete the [...]
Gatwick: Boss of worst airport for flight delays promoted May 30, 2025 London Gatwick Airport has named a new top boss after its long-serving chief executive was promoted to a newly created position. Stewart Wingate has served as the airport’s CEO for the last 15 years but has now been named as managing director, UK airports, for Vinci Airports and Global Infrastructure Partners. Vinci Airports owns a [...]
Unlocking growth, delivering sustainability: London Stansted’s vision for the future March 27, 2025 | Sponsored The last few months have seen the new government make clear what it thinks about aviation’s role in achieving its growth mission. Through successive announcements about airport expansion, the Prime Minister, Chancellor and Transport Secretary have been among the senior Cabinet voices making clear a strong aviation sector is good for growth, and compatible with [...]
Heathrow ‘open and fully operational’ after disruption caused by power outage March 22, 2025 Heathrow Airport said it is “open and fully operational” on Saturday after the airport was shut over a loss of power caused by a substation fire. Flights resumed at the west London airport on Friday evening and restrictions on overnight flights were temporarily lifted following hours of closure, after a blaze knocked out an electricity [...]
Gatwick expansion raises questions over Heathrow third runway, Khan says February 27, 2025 Sir Sadiq Khan has said the government’s pathway towards approving plans for use of a second runway at Gatwick “begs the question” over the need for a third runway at Heathrow. The mayor of London made the comments following the launch of his London Growth Plan at Imperial College this morning which sets out how [...]
Jet2 warns of £45m hit from tax hikes and green levies February 19, 2025 Jet2 has reported a boost in profit before tax but warned margins may come under pressure in the near future due to a raft of cost pressures. The group operates Jet2.com, the UK’s third largest airline by number of passengers flown and Jet2holidays, the UK’s leading provider of ATOL protected package holidays. Jet2 expects to [...]
Bigger airports will get growth off the ground January 27, 2025 Anyone who believes in growth should applaud rumours that Rachel Reeves will allow London’s airports to expand, says Jasper Ostle Rachel Reeves is rumoured to be throwing her authority behind the expansion of Britain’s airports, particularly Heathrow, Luton and Gatwick. It’s a courageous effort to accelerate necessary development: she will face opposition from colleagues, local [...]