Heathrow lands strong performance

Above: Terminal 5.
Courtesy Heathrow Airport

The airport also saw a 4.0% increase in its revenues to £1,461 million and increased EBITDA by 1.5% to £900 million. Adjusted profit before tax was also strengthened by lower net finance costs.

Heathrow has invested over £412 million to improve passenger experience, efficiency and resilience, including trials of security scanners which allow passengers to leave laptops and liquids in bags. Record-breaking passenger satisfaction saw the airport secure a place amongst the top 10 airports globally in the Skytrax awards, as well as 82% of passengers rating their experience as either 'Excellent' or 'Very Good'.

Heathrow is also supporting the goal of net zero carbon by 2050, calling on the UN’s aviation body ICAO to set targets for the use of biofuels in aviation, as recommended by the Energy Transition Commission and on the UK Government to invest some of the nearly £4 billion annual revenue raised from Air Passenger Duty to scale-up production of sustainable fuels.

John Holland-Kaye, Chief Executive Officer of Heathrow, said: “Twenty-nineteen is shaping up to be a strong year for Heathrow – our colleagues are delivering an excellent service to passengers, we’re investing millions to improve the airport and secure new skilled jobs for the future and we’ve set out our plans to expand Britain’s hub airport sustainably and affordably. We support the goal of net zero carbon emissions by 2050 and are working to ensure that global aviation plays its part.”