Heathrow Airport Reports Strong Start to 2018

Photo: Heathrow Airport

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Heathrow Airport has had a record start to the year, with Passengers and trade flowing through Heathrow soared to record highs, as Heathrow climbed the global airport rankings coming in as the seventh best airport in the world and retaining the top spot in Western Europe for the fourth year running at the annual Skytrax Awards.

Passenger satisfaction with Heathrow is at its highest level, supported in Q1 by Heathrow’s investments in winter resilience which kept the UK’s hub open during one of the worst winters in recent years while delivering lower operating costs per passenger.

Lower operating costs per passenger and higher retail spending resulted in strong revenue growth of 3.8% to £680m and increased Adjusted EBITDA by 5.2% to £402m. Underpinned by a successful financing strategy that raised over £350m in global markets.

Source: avitrader.com