Heathrow boss warns Burnham against Budget raid after hub’s tax bill doubles Aviation The boss of Heathrow has warned Andy Burnham against using business as a cash cow at his maiden Budget this autumn, after the airport’s tax bill more than doubled in the space of a year. Thomas Woldbye said the aviation sector is one of the most heavily taxed industries in Britain, and that uptick in [...]
Economic benefit of Heathrow expansion slashed by 90 per cent Transport & Infrastructure Heathrow’s third runway could boost the UK economy by just 0.05 per cent, a 90 per cent loss of the economic benefit that had been previously forecast. The expansion of the UK’s biggest airport will boost GDP by 0.05 per cent at best but this impact could be as little as 0.3 per cent, government [...]
Heathrow ‘under pressure’ amid rising costs Aviation Heathrow Airport has warned that rising employment costs and the government’s controversial business rates overhaul will wipe out the additional revenues generated from a record number of passengers passing through the west London hub. In an update to bondholders, the UK’s largest airport revealed its profit had plummeted by 38 per cent in the nine [...]
Heathrow tables third runway bid August 1, 2025 Heathrow’s top brass have tabled their proposal to manage the hub’s long-awaited third runway expansion in a bidding process that will pit it against a rival operator for the first time in the airport’s history. Officials from the airport confirmed had submitted “shovel-ready” plans for a privately financed runway ahead of the Department for Transport’s [...]
Heathrow: Earnings jump despite cost warnings July 23, 2025 Heathrow Airport’s earnings before interest, taxes, depreciation and amortisation (EBITDA) edged up by 0.8 per cent in the first half of the year compared to the first six months of 2024 despite fears energy bills and maintenance costs would deal a blow to its growth. The airport previously predicted a hit to its earnings, warning [...]
Does anyone come out clean from Heathrow Airport power outage? July 2, 2025 Who comes out clean from the chaos that engulfed Heathrow Airport in March? Today’s revelations from the NESO report were damning for National Grid, the operator of the North Hyde substation that burst into flames, leading to a 16-hour power outage at the UK’s biggest airport. There had been back and forth for weeks between [...]
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’s story goes up in flames May 28, 2025 Every weekday morning I’m up and ready to receive an important email that comes in at 6.30am. The email is sent by the producer of Nick Ferrari’s breakfast show on LBC, and it contains an initial plan for the stories that I’ll discuss with Nick on air exactly an hour later. It’s a slick routine [...]
Heathrow warned about power supply days before outage closure, MPs told April 2, 2025 Heathrow Airport was warned about its power supply in the days before it closed because of an outage, MPs were told. Nigel Wicking, chief executive of Heathrow Airline Operators Committee, which represents airlines that use the west London airport, said there were a “couple of incidents” which made him concerned. The airport was closed to [...]
Heathrow Airport: Passengers reach record high on summer boom October 23, 2024 Heathrow Airport smashed through its record-breaking 30m passenger target over the summer. It welcomed 30.7m between June and September, a record for the group. The figures brought the total number of passengers over the first nine months of the year to 63.1m, compared to 59.4m in 2023 – a record. The busiest day(s) in the [...]