Heathrow numbers provide strong base for expansion

Heathrow handled a record 75.7 million passengers in 2016, one percent up on the previous year, while profits also rose, providing a strong base for expansion.

Revenues were up 1.5% to £2,807 million with earnings before tax up nearly 5% to £1,682 million. There was a 3.0% increase in cargo volumes, a £674 million investment in the airport, and new services to Jakarta, San Jose, Santiago and Inverness.

Heathrow say their expansion has moved into the delivery phase after the Government announced its support for a third runway and launched a 4-month public consultation on a National Policy Statement.

John Holland-Kaye, Chief Executive Officer of Heathrow, said: “2016 was a milestone year for Heathrow. I am very proud of what our 76,000 colleagues have achieved.  We gave better service at lower cost to a record number of passengers and helped British businesses across the country trade more with the rest of the world.

“We have started the planning process for expansion and are preparing the skills and the supply chain we will need to build it sustainably and affordably. Heathrow is delivering for Britain.”

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