Heathrow announces profit boost in first half of year
Heathrow Airport made a pre-tax profit of £186 million in the first half of the year compared with a £51 million loss in the first six months of last year.
Passenger numbers were up 2.4% to 34.4 million and revenue rose 9.2% to £1.149 billion.
Chief executive Colin Matthews said: "Performance at Heathrow this year is encouraging.
"The number of passengers using the airport increased, passenger satisfaction hit record levels and we maintained solid delivery of our service standards.
"Our earnings support the investment made in Heathrow and that continues with the new Terminal 2: The Queen’s Terminal opening in June next year. We want to build on our achievements and continue that progress over the next five years, which is why we’ve submitted fresh plans to the CAA for a further £3 billion of investment, if returns to investors are fair and competitive."
Manchester Airport is also enjoying rising passenger numbers it was announced today, with 2.1 million passengers using the airport during June, a 4.1% increase over the same month last year.
The airport said it was the 13th consecutive month of year on year growth for Manchester. Figures released by the CAA show the average UK airport growth last month was 3.2%.
Linsey McNeill
Editor Linsey McNeill has been writing about travel for more than three decades. Bylines include The Times, Telegraph, Observer, Guardian and Which? plus the South China Morning Post. She also shares insider tips on thetraveljournalist.co.uk
Vegas’s Billion-Dollar Secrets – What They Don’t Want Tourists to Know
Visit Florida’s New CEO Bryan Griffin Shares His Vision for State Tourism with Graham
Chicago’s Tourism Renaissance: Graham Interviews Kristin Reynolds of Choose Chicago
Graham Talks with Cassandra McCauley of MMGY NextFactor About the Latest Industry Research
Destination International’s Andreas Weissenborn: Research, Advocacy, and Destination Impact
Graham and Don Welsh Discuss the Success of Destinations International’s Annual Conference
Graham and CEO Andre Kiwitz on Ventura Travel’s UK Move and Recruitment for the Role
Brett Laiken and Graham Discuss Florida’s Tourism Momentum and Global Appeal
Graham and Elliot Ferguson on Positioning DC as a Cultural and Inclusive Global Destination
Graham Talks to Fraser Last About His England-to-Ireland Trek for Mental Health Awareness
Kathy Nelson Tells Graham About the Honour of Hosting the World Cup and Kansas City’s Future
Graham McKenzie on Sir Richie Richardson’s Dual Passion for Golf and His Homeland, Antigua
ADS PRO 
Phocuswright reveals the world's largest travel markets in volume in 2025
Higher departure tax and visa cost, e-arrival card: Japan unleashes the fiscal weapon against tourists
Cyclone in Sri Lanka had limited effect on tourism in contrary to media reports
Singapore to forbid entry to undesirable travelers with new no-boarding directive
Euromonitor International unveils world’s top 100 city destinations for 2025