In a trading update, Heathrow on Wednesday (26 April) revealed an adjusted, pre-tax profit of £139 million for the three months to 31 March. This compares with a loss of £223 million for the same Q1 period last year.
Heathrow’s Q1 revenue, meanwhile, increased from £516 million to £814 million, while operational cash flow improved from £278 million to £374 million.
Last month, the CAA denied Heathrow permission to almost double its passenger charges – the fee is charges airlines, per passenger, to use the airport.
