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 [...]
Heathrow: Fresh ‘kiss and fly’ charge hike slammed as ‘blatant raid’ December 11, 2024 Heathrow intends to raise per-passenger charges from £5 to £6 in January next year, a move which follows previous hikes in 2024.
Profit takes off at Manchester Airport and London Stansted owner December 10, 2024 Profit at the group behind Manchester, London Stansted and East Midlands airports took off in the first six months of its financial year thanks to a record-breaking summer, it has been announced. Manchester Airports Group (MAG) has reported a pre-tax profit of £139.6m for the six months to 30 September, 2024, up from £115.9m, thanks [...]
Gatwick and Birmingham airport chiefs urge Rachel Reeves to tackle business rates threat December 5, 2024 Chief executives from Gatwick and Birmingham Airport have criticised Chancellor Rachel Reeves' planned changes to business rates.
Exclusive: Labour approves Ardian and Saudi swoop for majority stake in Heathrow Airport November 19, 2024 The private equity group Ardian and Saudi Arabia’s £3.3bn deal for a 38 per cent stake in Heathrow Airport has cleared the final hurdle after receiving approval from the Cabinet Office, City AM understands. Whitehall sources confirmed to City AM the deal has been signed off by the government’s Investment and Security Unit (ISU), which [...]
UK airport operator bought by Canadian pension fund for £1.5bn November 13, 2024 An operator of UK airports has been bought by Canadian pension fund PSP, with the firm set to take over Glasgow, Aberdeen and Southampton airports in the £1.5bn deal. AviAlliance, a private airport operator which is wholly owned by the Public Sector Pension Investment Board (PSP Investments), announced the takeover of AGS Airports today. The [...]
Jet2 takes on Easyjet as it launches new routes from UK airport November 13, 2024 Jet2 is parking its tanks firmly on Easyjet’s lawn as it announced its expansion into London Luton Airport – where its rival is headquartered. The Leeds-headquartered carrier is to start operating flights from the transport hub from next April. London Luton Airport will become Jet2’s 13th UK base and will offer 17 destinations. Jet2 said [...]