Quantcast

Sky Industry News

Delta CEO says the Trump administration will reverse government ‘overreach’ seen under Biden
Spirit Airlines files for bankruptcy: How will it affect your travel plans?
Asia's airlines blame supply chain woes for disrupted operations
Qantas and Qatar Airways: Planned partnership in the Australian aviation industry under the microscope
Spirit Airlines delays release of Q3 financial results as debt restructuring talks heat up
Delta investigating after plane’s nose mysteriously suffered damage
What Elon Musk's Starlink means for airlines
CAP OFF Major twist in Dublin Airport passenger cap row as High Court pauses decision in victory for airlines next summer season
Riyadh Air plans new jet order decision early next year
Calls for a blanket ban on politicians receiving free flight upgrades
Wizz Air Loses Challenge Against EU-Approved Romanian Aid for TAROM
Southwest, Other Airlines Plan a Shake-Up. Why They Need More to Boost Their Stocks.
One of Boeing's biggest customers leveled fresh criticism over ongoing 737 Max delivery delays
Low-Cost Airlines Innovate with Subscription Models
LA Considers $25 And $30 Minimum Wages For Hotel And Airport Workers
Airlines are on the hook for more than you think if something goes wrong with your trip
WA Labor & Industries plans to create new airline worker protections
Airlines must now give automatic refunds for significant delays. Here's what to know.
American Airlines Technical Operations, Fleet Service, Cargo and Central Load Planning team members ratify new agreement
Spirit Airlines Pursues Bankruptcy as a Path to Tie-Up With Frontier
American Airlines fined $50M for violating disability laws
Canada's flight attendant union applauds NDP bill to end unpaid work in the airline sector
American Airlines testing new technology that would crack down on boarding
Exciting New Airline Routes Coming to North
Another city ignores airport commission's advice, zones for housing near JWA
United shares hit pre-pandemic high after airline forecasts strong finish to 2024, plans buyback
Alaska Airlines Just Made Its Loyalty Program Even More Lucrative With New Rewards, Better Upgrades, and More
Food safety problem closes Detroit airline kitchen leaving 200 flights without meals
5 Reasons Why Kazakhstan's Air Astana Is Establishing Itself As A Key Player In Asian Aviation
JetBlue is no longer serving hot food in economy class on transatlantic flights
Heathrow Airport reports record air travel demand for 2024
Policy
Webp lha
London Heathrow Airport | Official Website

London Heathrow Airport has announced that 2024 was a record-breaking year for passenger traffic, with the facility welcoming its highest-ever number of passengers in a single calendar year. As a result of this operational success, the largest and busiest airport in the United Kingdom will be paying a dividend to its ultimate shareholders for the first time in five years.

Before the coronavirus pandemic in 2020, London Heathrow Airport's annual traffic had begun consistently exceeding the 80-million mark. This milestone was first reached in 2018, when 80.1 million passengers passed through its doors, climbing to an impressive annual total of 80.9 million in 2019. However, the global health crisis derailed this growth.

In 2020, only 22.1 million passengers passed through Heathrow's doors, with this figure dropping further to 19.4 million in 2021. With travel restrictions relaxing in 2022, totals bounced back to 61.6 million and continued climbing to 79.2 million in 2023. As announced by the airport today, an unprecedented total of 83.9 million paying guests were recorded for \[2024\].

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

CEO Thomas Woldbye said:

"Our colleagues welcomed a record number of passengers with good service, cargo volumes increased by ten per cent boosting British trade and we invested over one billion pounds to improve facilities and boost resilience which creates more value for customers at Britain's front door."

Interestingly though key financial metrics were slightly lower than previous years due to "a lower airport charge set by CAA." Annual revenue stood at £3.6 billion ($4.55 billion), while adjusted EBITDA totaled £2 billion ($2.53 billion). These figures represented year-on-year declines of \[3\.5%\] and \[8\.7%\] respectively despite a \[5\.9%\] growth rate on passenger traffic.

However pre-tax profit grew significantly by \[30\.8%\] reaching £917 million ($1.16 billion) compared with £701 million ($886.3 million) from last year's results; likewise adjusted pre-tax profit rose from just £38m up towards some- where around four hundred fifty-million-pounds mark:

"For first time five years as result strong business performance board decided pay dividend quarter-billion-pounds ultimate shareholders coming weeks," said their statement regarding financial outcomes.

Looking ahead into future plans beyond immediate busy schedule projected via Cirium data showing approximately half-million flights offering seats totaling above hundred-six-million-seat-miles available across board; efforts focused delivering improvements remain priority according Woldbye:

"Over next decade making largest private investment UK transport network modernize unlock new capacity growth," adding hopes economic benefits alongside competitive world-class hub status being achieved through these initiatives."

Organizations Included in this History
More News

United Airlines has announced the issuance of travel waivers for passengers whose flights were affected by closures at London Heathrow Airport.

Apr 2, 2025

ITA Airways announced that flight AZ806 managed to land safely after a brief hold due to nearby missile activity.

Apr 2, 2025

EVA Air has announced the reinstatement of its Premium Economy Class on the Seattle route, with three weekly flights scheduled from March 8 through July 27.

Apr 2, 2025

Emirates Airlines has announced the launch of a new door-to-door delivery service called 'Very Important Parcels' (VIPs), promising the same level of care as provided to its passengers.

Apr 2, 2025

Cargolux has announced the transportation of two lions, Tsar and Jamil, from captivity in Ukraine to a wildlife sanctuary in South Africa.

Apr 2, 2025

Hainan Airlines announced that its Beijing–Oslo flight HU769 landed successfully in Norway.

Apr 2, 2025