Travel
Heathrow warns Iran war may cut passenger numbers
In the first quarter of the year, Heathrow’s revenue increased by 2.3% from a year ago to £844m, amid rises in passenger numbers, food and beverage sales and uptake of premium services, however its adjusted operating costs were 6.5% higher, due to wages and national insurance payments, IT investments and passenger support.
Sally Ding, the airport’s chief financial officer, said the airport was currently “full” and was ready to progress its plan to build a third runway “with the right regulatory framework and Government policy in place”.