Heathrow to pay first dividend in five years to new owners February 26, 2025 London Heathrow Airport plans to pay its owners a first dividend in five years after passenger numbers reached record highs in 2024. The West London hub has settled on a payout of £250m over the coming weeks, the first since before the pandemic. Heathrow’s ownership underwent its most significant change in decades in 2024 after [...]
Gatwick expansion rationale not impacted by Heathrow third runway, regulator says February 25, 2025 The UK’s aviation regulator has put its weight behind Gatwick Airport’s proposals for a second runway as it accepted a range of financial commitments from the hub over the next four years. The Civil Aviation Authority (CAA) on Tuesday said the expansion plans would still provide “benefits to consumers” even if Heathrow also gets a [...]
Heathrow could face legal challenge if airlines forced to pay for third runway February 24, 2025 Emirates’ boss has warned that London Heathrow Airport could face a legal challenge from its airlines if they are forced to pay for a third runway. In an interview with the Financial Times, industry veteran Sir Tim Clark warned against further hikes to landing charges to pay for the expansion. “This could end up in [...]
Heathrow to unveil billions in investment and pledge to use UK steel for third runway February 11, 2025 Heathrow has confirmed a multibillion-pound investment in major upgrades to the airport, including plans for a third runway, in a move expected to unlock thousands of UK steel jobs. Heathrow chief executive Thomas Woldbye is expected to lay the groundwork for what is the largest private investment programme in Heathrow’s history in a speech on [...]
London Heathrow will submit third runway plans this summer February 11, 2025 Heathrow Airport plans to submit proposals for a third runway to the government by summer, following Chancellor Rachel Reeves’ recent show of support. In a statement on Monday, the UK’s largest hub said it was in the process of finalising proposals with stakeholders that would bring the long-delayed, highly controversial project back to life. It [...]
Heathrow: BA and Virgin in call for ‘urgent’ reform before expansion February 10, 2025 Heathrow’s airlines have joined forces to call for an urgent re-think of the way in which the hub is regulated, amid soaring passenger charges and a general decline in standards. Virgin Atlantic, the IAG and Heathrow AOC, which represents the interests of the airport’s airlines, urged the aviation regulator on Monday to launch a “fundamental [...]
Labour’s waning brand is a boost for the Lib Dems, not the Tories February 5, 2025 Labour has followed the Tories in embroiling itself in a crisis of trust, and it's the Lib Dems who stand to gain, writes James Reed.
Bold action and optimism! Let’s hope the Chancellor’s confidence is contagious February 3, 2025 Promises of bold action from the Chancellor are gratefully heard in the City. Let's not let this opportunity for growth pass, writes Chris Hayward.
The Week in Business: is Reeves right to be an optimist? January 31, 2025 Rachel Reeves has been reset, but should we buy into this new optimistic Chancellor?
Rachel Reeves is banking on Sustainable Aviation Fuel – but will it ever become a reality? January 29, 2025 Chancellor Rachel Reeves today confirmed government backing for Heathrow Airport’s third runway. The announcement, outlined in a growth speech in Oxfordshire, followed a week of speculation that the long-delayed and highly controversial proposals could be back on the agenda. It came alongside news that Gatwick and Luton would also be given the green light for [...]