Gatwick Airport set to pay first shareholder dividend in five years as growth returns March 22, 2024 Gatwick Airport says it expects to pay out its first shareholder dividends in five years, with passenger numbers set to be back at pre-pandemic levels next year.
Regulator kicks-off consultation into further reductions into Heathrow landing fees March 20, 2024 In March 2023, the regulator said it would be capping the price Heathrow could charge per passenger in landing fees at £25.43 in 2024, £25.24 in 2025 and £25.28 in 2026.
Winter half term helps Heathrow to record February flyers as Brits seek sun March 11, 2024 A record number of passengers flew from Heathrow in February with travellers seeking out the sun over the winter half term.
Heathrow chief: Scrapping London tourist tax is ‘critical for the UK’ February 21, 2024 Retail businesses and a host of airports have since pleaded for the government to reinstate the tax break, with wealthy international shoppers choosing to splash their cash elsewhere.
Heathrow: Abu Dhabi sovereign wealth fund reportedly in talks for stake alongside Saudi and Qatar February 20, 2024 The Abu Dhabi sovereign wealth fund is mulling an investment in London’s Heathrow Airport, it is being reported. The West London Hub could get new investors according a report in Bloomberg this afternoon, in a move that would bring the UAE together with Saudi and Qatari cash. The publication says the deal would include the [...]
Spring Budget 2024: Tourist tax under review ahead of next week’s statement February 4, 2024 The so-called ‘tourist tax’ is under review ahead of the Spring Budget, according to reports, indicating the Treasury could ditch the policy.
Heathrow airport expects passenger numbers to hit record levels in 2024 December 15, 2023 Heathrow expects 79.1 million passengers to have travelled through the airport this year.
Half of Heathrow Express services cancelled as rail chaos also hits Elizabeth Line (again) December 11, 2023 Train passengers on major routes through are being hit by fresh disruption, with Heathrow and the Elizabeth Line impacted. Heathrow Express, which serves the UK’s busiest airport, Heathrow, cancelled half its services on Monday. The operator said this was because of “more trains than usual needing repairs at the same time”. Heathrow Express, Great Western [...]
Saudi state and French private equity take stake in Heathrow November 29, 2023 Heathrow's largest shareholder, Ferrovial, has offloaded its stake in two separate deals with French private equity outfit Ardian and the Saudi public investment fund.
Heathrow fends off fears of travel demand downturn — but it’s not out of the woods yet November 13, 2023 Heathrow’s passenger numbers make one thing clear — travel demand isn’t going anywhere just yet, with strong transatlantic travel driving its resilience.