London’s Heathrow Airport swung back into first-quarter profit and saw record passenger levels for the first three months of the year.
Latest operational figures for the UK’s largest airport showed a total of 18.5 million passengers for the first quarter of this year; up nearly 10% on the same quarter last year.
The hub generated a profit of £189m for the period; a turnaround from a loss of £60m for the corresponding period last year.
Airport revenue was down, marginally, by 0.7% at £808m.
Heathrow Airport’s chief financial officer Javier Echave said: “It has been a successful start to the year thanks to colleagues delivering a consistent, reliable service to our passengers. As I close the chapter on eight years as CFO, I’m proud that Heathrow is on a strong financial footing with a clear flightpath ahead. On the horizon is Heathrow’s busiest summer yet with more passengers and destinations served than ever before. We’re ready to continue delivering.”
