"All we need is a quick decision" – Heathrow CEO on strong 2015 1st quarter results

Heathrow

By Heathrow

Published 24th April 2015

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Heathrow has today announced strong first quarter results including a revenue increase of 8% on 2014, up to £622m. John Holland-Kaye, Heathrow CEO, says the results show that Heathrow is ready to expand with a quick decision.

Key points from the results released include:

  • Demand to use Heathrow continues to rise, with traffic up 2.0% to 16.4 million passengers. Vietnam Airlines is the latest airline to move its London operations from Gatwick to Heathrow;

  • Heathrow delivers a strong first quarter financial performance with revenue increasing 8.0% to £622 million and EBITDA up 7.2% to £342 million;

  • Strong global demand to invest in Heathrow, with £850 million of funding raised to date in 2015;

  • Heathrow named the ‘Best airport in Western Europe’ by Skytrax for the first time;

  • Heathrow announced new measures to boost domestic connectivity and connect the whole of the UK to global growth markets.

“Heathrow is a fantastic airport and a great front door for Britain.”We’re a business that’s delivering an unrivalled passenger experience in western Europe, we’ve got over 30 airlines knocking on our door waiting to serve the UK’s hub, our world-class shareholders are lined up to privately fund expansion and with an additional runway we will create 40,000 new skilled and well-paid jobs for the local community.

We are ready to deliver the only runway that can connect all of Britain to global growth. All we need is a quick decision, so let’s get on with it.” Heathrow CEO, John Holland-Kaye

Heathrow

By Heathrow

Published 24th April 2015