Heathrow records 8.2% increase in revenue

28 October 2014 (Last Updated October 28th, 2014 18:30)

The UK's Heathrow Airport has recorded revenues of £1.97m, representing an 8.2% increase in the first nine months of 2014.

heathrow

The UK's Heathrow Airport has recorded revenues of £1.97m, representing an 8.2% increase in the first nine months of 2014.

The airport said that there had been a strong passenger traffic performance with close to 55.7 million passengers. A total of 54.8 million passengers had used the airport in 2013, with a 1.5% growth in intercontinental traffic.

The airport's new £2.5bn Queen's terminal saw a successful transition of 26 airlines. There was also an increase of 1.7% in net retail income for each passenger from £6.24 in 2013 to £6.34.

Speaking about the airport's performance, Heathrow chief executive officer John Holland-Kaye said: "Heathrow continues to deliver against key targets, with more passengers than ever choosing to use Heathrow and record passenger satisfaction numbers at the UK's only hub airport.

" Heathrow continues to deliver against key targets."

"We successfully completed the transition of 26 airlines into Terminal 2: the Queen's Terminal, with more than 40,000 passengers enjoying the world-class facility every day.

"With the Airports Commission launching its national consultation on airport capacity expansion imminently, the Heathrow expansion is increasingly being seen as not only the best option to keep the UK at the heart of the global economy, but also as politically deliverable, with growing support from local communities, politicians and businesses across the UK."

Heathrow Airport handles approximately £86bn a year in exports, which is considered to be roughly a quarter of all UK trade by value.


Image: A total of 55.7 million passengers used the airport in the first nine months of 2014. Photo: courtesy of Heathrow Airport.