Heathrow breaks record passenger numbers

More than 60.5 million passengers have travelled through Heathrow airport in 2018

London and the UK’s biggest airport, Heathrow, has been experiencing one of the best years in its history.

More than 60.5 million passengers have travelled through the airport so far this year, which is Heathrow’s all-time record.

More than 60.5 million passengers have travelled through Heathrow this year— LHR Airports Ltd.
Heathrow’s revenues increased by 2.3 per cent — LHR Airports Ltd.

With revenues climbing by 2.3 per cent, the airport has recorded robust financial performance as well. The total revenue has reached £2.2 billion ($2.8 billion), which can support the airport’s additional investment of £555 million ($711 million).

“With the outcome of Brexit negotiations unknown, strong businesses like Heathrow must stand up to support Britain’s economy,” said Heathrow’s CEO, John Holland-Kaye.

“We will expand Heathrow to boost Britain’s global trade for decades to come, and we are proud to protect Britain’s SMEs by maintaining our 30-day payment terms for all of our suppliers.

“No matter how small, suppliers should have confidence that they will be paid on-time for their services, and we call on other businesses to follow our lead.”

Apart from growing in passenger numbers and revenues, the airport also focuses on its environmental impact. Heathrow has pledged to be carbon-neutral by 2020 and has launched the first in a series of peatland restoration projects.

“The site in Lancashire will trap nearly 23,000 tonnes of CO2 over 30 years – equivalent to nearly 64,000 passenger journeys from Heathrow to New York. The project comes as Terminal 2 became one of the first terminals in the world to be powered by 100 per cent renewable energy,” the airport said in a press release.

Heathrow has also begun surveys for possible expansion. Initial ground surveys of surrounding land began in September. With two further public consultations set for January and June 2019, the airport remains on-track to submit a planning application in 2020 and for the first flights to use the new runway in 2026.