Heathrow revealed a record number of 83.9 million passengers through its four stations last year, an increase of 6 percent in the previous period, which increased his profits before the tax by nearly a third to 917 million pounds in 2024.
The update reaches a few weeks after Chancellor Rachel Reeves confirmed about government support for a third corridor, describing the project as “strongly required” to enhance the global delivery of Britain.
Thomas and Oldby, CEO of Heathrow, pledged to invest the airport significantly during the next decade to update and expand its facilities, describing the new runway as “the largest special investment in the UK transport network.” It aims to see flights from the third runway by 2035, although organizational approvals and climate targets are still great obstacles.
Heathrow's revenues decreased by 3.5 percent to 3.6 billion pounds last year, as basic profits (EBITDA) decreased by 8.7 percent to two billion pounds – due to the benefit of airlines from the low charges set by the Civil Aviation Authority. The airport is planning to distribute profits of 250 million pounds for the shareholders for the first time in five years, with the recent acquisitions by the French company Ardian and SAUDIEN SOFEREIN SOFRESHING Respressing its ownership structure.
Among the other major shareholders are sovereign wealth funds from Qatar and China, as well as large infrastructure funds.