Heathrow reports busiest day since Christmas 2019 on half term getaway and lifting of Asia covid restrictions March 13, 2023 Heathrow Airport has exceeded pre-pandemic passenger levels for the first time since coronavirus, thanks to the February half-term rush and lifting of restrictions in east Asia. The good news was fuelled by a late getaway last month as millions of Brits took the chance to escape freezing Britain for some sun. Figures from the airport [...]
Virgin accuses Heathrow of ‘abusing its power’ as British Airways weighs in on CAA decision to fix price cap March 8, 2023 A war of words has broken out between Heathrow Airport and major carriers Virgin Atlantic and British Airways, following the Civil Aviation Authority’s decision to fix the passenger price cap. The regulator confirmed the average maximum price per passenger will fall by about 20 per cent from £31.57 per passenger in 2023 to £25.43 per [...]
Heathrow: CAA confirms airline price cap and £3.6bn investment in passenger security and new baggage systems March 8, 2023 The UK Civil Aviation Authority (CAA) has confirmed that the cap on how much Heathrow Airport can charge airlines will remain fixed at the level set earlier this year. The UK Civil Aviation Authority published its final decision for the annual caps that will apply to the charges that Heathrow Airport Limited levies on airlines [...]
British Airways: Owner IAG shells out £352m to sweep up remainder of Spanish carrier February 24, 2023 British Airways’ owner International Airlines Group (IAG) will pay €400m (£352m) to Spanish firm Globalia for the remaining 80 per cent stake of its Air Europa carrier. IAG said the move will allow it to tap into the Latin America and Caribbean market as well as to increase ties to Asia. The owner of Britain’s [...]
Heathrow narrows losses to £1.3bn thanks to travel bounce back February 23, 2023 Heathrow Airport narrowed its losses sharply in 2022 amid a bounce back in travel demand, but said results were weighed on by surging cost pressures and lower passenger numbers. The group reported underlying pre-tax losses of £684 million for last year, against losses of £1.3 billion in 2021. It said no dividends were paid in [...]
London Heathrow back to its best? 5.4m passengers passed through in January as satisfaction soars February 13, 2023 More than 5.4m people travelled through London’s Heathrow airport this January, marking the busiest start to the year since 2020. Sharp upticks in travelers from Europe, North America, and the Asia Pacific region bolstered the London airport’s passenger figures to heights last seen before Covid-19, Heathrow said. The airport also saw customer satisfaction return to [...]
Qatar interested in buying Manchester United – but bidders won’t be PSG owners Qatar Sports Investments February 9, 2023 The Qatar Investment Authority is interested in buying a stake in Manchester United and has not ruled out a full takeover. QIA, which owns Harrods as well as significant shareholdings in Heathrow Airport and Sainsbury’s, has not made an offer for United yet. But it is one of the Qatari parties mulling an offer to [...]
BA cancels 50 flights at Heathrow and London City TODAY as fog grounds airline February 7, 2023 British Airways has cancelled a raft of flights at London airports after a the thick layer of fog engulfed the capital. The legacy carrier has axed around 30 flights at Heathrow – between arrivals and departures – after a limit was imposed by air traffic control. While London City Airport was forced to ground or [...]
End of an era: Heathrow’s ‘extraordinary’ boss John Holland-Kaye to step down February 2, 2023 John Holland-Kaye is stepping down as Heathrow chief executive later this year, it has been announced. Holland-Kaye, who has been at the London airport’s helm since 2014, will stay in place until a replacement is found. The reasons behind his decision have not been revealed and the airport has declined to elaborate further on his [...]
Virgin Atlantic and British Airways-owner slam Heathrow price cap hike January 31, 2023 Virgin Airlines and British Airways’ owner IAG have slammed the Civil Aviation Authority’s (CAA) decision today to hike Heathrow’s price cap. The regulator announced the hike this morning, raising the cap for 2023 to £31.57 per passenger, up from £30.19. The aviation watchdog said the decision will “protect consumers and give certainty to the airport [...]