Holland-Kaye will step down “during 2023” after nine years, the airport announced on Thursday (2 February), adding the chief executive had “informed the board of his intention to stand down”.

During his tenure, Holland-Kaye pushed for a third runway at Heathrow and for more aid for the airport during Covid but angered airlines by trying to recoup costs incurred during the pandemic by increasing landing fees.

He will remain in post until a successor is chosen, with the process already underway.

Heathrow airport chair Lord Deighton said: “John has been an extraordinary leader of Heathrow. During the past nine years, he has worked tirelessly and collaboratively with shareholders, ministers, airlines and other stakeholders to ensure the country can be proud of its ’front door’. 

“The board would like to put on record our gratitude to John for his dedication and commitment to Heathrow throughout his tenure as CEO.”