Heathrow warns on losing European crown without expansion Transport & Infrastructure Heathrow Airport has kicked off the new year with a shattering of its previous traffic record but has offered a stark warning it could lose its crown without progress on expansion. Some 6.5m passengers travelled through the airport in January, marking a 2.2 per cent increase on last year and making it the busiest January [...]
Landsec sells government office building to hotel giant Property A Westminster building owned by property giant Landsec, which has played host to major government offices, has been sold to a group bidding to lead Heathrow Airport’s expansion plans. The sale of Queen Anne’s Mansions, located in SW1, by Landsec marks a major step in the property firm’s ambition to sell off £2bn of its [...]
Laing O’Rourke: Heathrow Terminal Five builder doubles profit Business Laing O’Rourke, the construction giant behind Heathrow’s Terminal Five, more than doubled its profit during its latest financial year. The business has posted a pre-tax profit of £41.5m for the 12 months to 31 March, 2025, up from the £18.1m it reported for the prior year. The profit comes after Laing O’Rourke lost £288m in [...]
Heathrow: Third runway car park plans more costly than entire Gatwick expansion July 11, 2025 Upheaving Heathrow Airport’s car parks as part of plans for a third runway would cost more than the entire expansion of its closest rival Gatwick, leaked documents that reveal the magnitude of financing the controversial project show. The UK’s biggest airport plans to replace most, if not all, of its existing car parks to build [...]
Heathrow eyes earnings crunch as national insurance hike weighs June 27, 2025 London Heathrow airport expects its earnings for 2025 to take a hit as it weighs the cost of Labour’s hike to employer’s national insurance contributions. The airport expects earnings before interest, taxes, depreciation, and amortisation (EBITDA) to decrease by three per cent to near £1.98bn over the year due to higher operating costs brought on [...]
Heathrow reports dip in transatlantic travel as Trump turbulence hits demand June 11, 2025 Heathrow Airport has reported a dip in transatlantic travel as Donald Trump’s erratic policymaking hits demand to the US. Some 1.9m passengers flew to North America in May, down 2.1 per cent year-on-year despite the airport reporting a record month overall. It comes after the European Travel Commission warned last month that Trump’s tariff war [...]
Heathrow taps transatlantic demand in busy February March 11, 2025 Heathrow Airport said it had benefitted from a surge in transatlantic traffic as it served more than 5.7m passengers in February. The Hounslow hub said flights to and from the USA and Canada increased seven per cent year-on-year when adjusting for leap years. Its February total was also a record for the airport by that [...]
Heathrow: Business travel groups join calls for change March 10, 2025 Representatives of the business travel and global tourism industry have joined calls for Heathrow Airport to alter its regulatory model ahead of any expansion. The Business Travel Association (BTA), The Advantage Travel Partnership and World Travel and Tourism Council (WTTC) on Monday announced their support for change at the UK’s busiest hub, adding to a [...]
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 [...]
Heathrow: Starmer won’t say if he backs London airport expansion January 22, 2025 Sir Keir Starmer has refused to say whether he would back the expansion of Heathrow Airport after voting against a third runway in 2018. The Prime Minister said would not be “comment on speculation” on the issue, as emphasised the government is “committed to growth” when asked about reports ministers could be set to approve [...]