Heathrow has trimmed its losses following a boost in passenger levels over the last nine months.
Following fresh discussions, Paris-based Ardian has entered a new agreement to buy a 22.6% stake of TopCo from Ferrovial (Credit: Heathrow airport)
The airport announced on Thursday (26 October) it had a strong balance sheet after welcoming 59 million passengers over the last nine months, of which 29 million were registered during the summer period.
This was a 34% increase compared to the previous year, which led to Heathrow cutting its losses by 95.7% to £19 million.
The airport has also reclaimed its crown as “the most connected airport in the world”, giving a boost to the UK’s growth with connections to more than 214 destinations.
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