Heathrow Airport reported a record 83.9 million passengers for the previous year, a 6% increase from the prior period, leading to a significant rise in pre-tax profits to £917 million. This surge came amid governmental backing for a vital third runway, aimed at enhancing the airport's global connectivity. CEO Thomas Woldbye committed to substantial investment to modernize facilities, although regulatory and climate challenges could delay operations until 2035. Despite a slight dip in revenue, Heathrow plans to return £250 million to shareholders for the first time in five years, reflecting transformative changes in ownership among investors.
Heathrow is poised to modernize its facilities with a significant investment, aiming for a third runway to enhance the UK's global connectivity and support economic growth.
Despite increased passenger numbers, Heathrow's revenue fell due to lower airline charges, yet the airport plans a £250 million dividend, marking a notable return to shareholders.
Collection
[
|
...
]