Heathrow to pay first dividend in five years to new owners Transport and infrastructure 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 [...]
Five airport expansions at once? London’s economy is finally ready for takeoff Opinion London’s airports are an economic success story for the whole UK. Increasing capacity is a no-brainer, writes BusinessLDN chief John Dickie.
Profit takes off at Manchester Airport and London Stansted owner Transport and infrastructure 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 [...]
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 [...]
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.