Eurovision boosts Liverpool John Lennon Airport ahead of Jet2 expansion November 5, 2024 Eurovision helped significantly cut the annual loss at the company behind Liverpool John Lennon Airport as a spike in passenger numbers helped turnover take off. The airport has reported a pre-tax loss of £352,000 for the 12 months to 31 March, 2024, having made a loss of £4.8m in its prior financial year. Newly-filed accounts [...]
Heathrow Airport: Passengers reach record high on summer boom October 23, 2024 Heathrow Airport smashed through its record-breaking 30m passenger target over the summer. It welcomed 30.7m between June and September, a record for the group. The figures brought the total number of passengers over the first nine months of the year to 63.1m, compared to 59.4m in 2023 – a record. The busiest day(s) in the [...]
‘Build baby build’: Break infrastructure ‘inertia’ to boost growth, report urges October 18, 2024 Ministers have been urged to break Britain’s infrastructure “inertia” in a bid to turbocharge the planning system and ramp up growth, according to a think tank report. Streamlining the consent process, empowering key decisions in the national interest, fixing ambiguous laws, and updating policy documents would all contribute to the UK’s ability to build infrastructure [...]
London City Airport back in the black after losing almost £100m October 7, 2024 London City Airport returned to the black for the first time since the Covid-19 pandemic as passenger numbers continued to recover. The hub has reported a pre-tax profit of £6.6m for 2023, according to newly-filed accounts with Companies House, having made a loss of £1.1m in the prior 12 months. London City Airport had last [...]
Passengers provide welcome boost to Newcastle and Liverpool John Lennon airports September 26, 2024 A surge in passenger numbers helped profit at Newcastle International Airport take off during its latest financial year. The transport hub has reported a pre-tax profit of £10.2m for 2023, newly-filed accounts with Companies House have revealed. The total comes after the airport posted a pre-tax profit of £135,000 for 2022. The new accounts also [...]
Heathrow crowned most connected airport despite recent concerns September 13, 2024 London Heathrow has been crowned the most connected airport in the world despite recent concerns it may be losing ground on international rivals. New analysis from global travel data provider Official Airline Guide (OAG) found the West-London hub topped the charts for the second year running. The figures, which included transfer flights, reveal that Heathrow [...]
Heathrow: Passenger numbers soar as boss hails ‘busiest summer’ September 11, 2024 Heathrow Airport has reported a fourth consecutive month of record-breaking passenger traffic in what has proved one of the UK’s busiest ever summers for travel demand. Some 8m travellers passed through in August, up 5.5 per cent year-on-year and bringing the West London hub’s rolling 12 month total to 82.6m. Heathrow said it was “on [...]
Swissport makes first UK profit since 2018 as sales finally recover from Covid September 5, 2024 The UK arm of Swissport has returned to the black for the first time since 2018 as its turnover recovered to pre-pandemic levels. The Cheshire-headquartered division of the aviation services giant also created 1,400 jobs during its latest financial year but its total headcount is still significantly lower than it was in 2019. Swissport has [...]
Gatwick Airport profit jumps as long-haul expansion drives growth August 22, 2024 Gatwick Airport's chief executive said the hub was experiencing its "busiest ever" summer as passenger numbers hit 19.9m.
Profit takes off at Bournemouth, Exeter and Norwich airports owner August 20, 2024 Profit at the group behind a number of regional airports surged during its latest financial year thanks to a sharp rise in the number of passengers and amount of cargo it handles. Regional & City Airports Group has posted a pre-tax profit of £14.2m for the year to 31 March, 2024, up from £1.3m. Newly-filed [...]