in Aerospace

Heathrow delivers strong summer passenger numbers

Posted 26 October 2023

Heathrow welcomed 29 million passengers this summer, taking the total for the first nine months of the year to 59 million.

Image courtesy Heathrow

Heathrow Airport has reclaimed the crown as 'the most connected airport in the world', providing a boost to the country's growth potential and prosperity. With connections to over 214 destinations and more coming on board with flights to Peru and Turkmenistan commencing this winter season, Heathrow is playing a key role in connecting all of Britain to global growth.

Heathrow is intending to continue investing in key upgrades to the airport with its transformative security programme, which is underway and the supplier for the new Terminal 2 baggage system, which will be announced by the end of the year.
Over the next three years it will also invest over £200 million to reduce its carbon emissions.

Overall losses have fallen to £19 million as Heathrow continues to focus on its strategy to manage costs and drive growth within a tight regulatory framework. Gearing is at historically low levels and Heathrow's balance sheet is strong, with £4.6 billion of liquidity sufficient to cover all obligations for at least 24 months. No dividends are forecast for 2023.

Earlier this month, John Holland-Kaye stepped down as Heathrow CEO after nine transformative years in post. He made Heathrow into a customer service business with a clear path to net zero by 2050 and a plan to grow and connect all of Britain to global growth. Thomas Woldbye has taken the helm, spending his first weeks building relationships with colleagues, Team Heathrow partners and local communities.

Heathrow CEO Thomas Woldbye said: “Heathrow is already a great national asset for Britain - and our best days still lie ahead. We've got a clear plan to connect all of Britain to global growth, a flight path to net zero by 2050, and while we have a tight settlement from the CAA, we will upgrade the airport for our customers. I'm excited to take on the challenge and looking forward to working with Team Heathrow to build an even stronger hub for Britain in the next decade.“

Heathrow is also calling on the UK Government to back growth in the Autumn Statement and create new jobs in Britain by pressing ahead at pace with a domestic Sustainable Aviation Fuels (SAF) industry, re-instating tax-free shopping for Britain's retailers and committing support to Southern and Western rail links to Heathrow for increased connectivity, urging Ministers to take action now to avoid the UK falling behind its competitors.



Other Stories
Latest News

SPONSORED FOCUS: BlueWhale − a true submarine force multiplier

The seventh annual REPMUS and Dynamic Messenger naval exercises, organised and led by the Portuguese Navy and NATO, were held over a three-week period in September 2023. Over two hundred representatives of security and defence

Cathay orders the A350F

Hong Kong’s Cathay has become the latest carrier to order the all-new A350F, following the signature of a purchase agreement for six aircraft.

Gatwick refines Northern Runway plan

Since submitting its Northern Runway plans to the Planning Inspectorate, London Gatwick has refined its proposal and identified three changes to reduce its environmental impact even further, while also providing additional design

Bristol Airport unveils Sustainability Strategy

Bristol Airport has published its Sustainability Strategy, with a new interim target to cut carbon emissions across its operations by 73% by 2027.

Aer Lingus launches Cabin Crew recruitment drive

Aer Lingus has launched a new recruitment drive aimed at hiring 18 Cabin Crew based in Manchester in partnership with Nobox recruitment.

Contract awarded to build 138 new homes for service families in Cyprus

A £48 million contract has been awarded to the Lagan Iacovou Joint Venture (JV) on behalf of the Defence Infrastructure Organisation (DIO), to build new homes for service personnel and their families at Dhekelia Station in

ODU SK0106300622
See us at
Space Comm Expo BTDVD BT