LONDON: Heathrow (SP) Limited recorded its busiest-ever first-half period in 2025, welcoming 39.9 million passengers despite geopolitical tensions and economic headwinds, the airport operator said Wednesday. The uptick was driven by increased long-haul travel, particularly to Asia-Pacific and Middle Eastern destinations, while transatlantic traffic remained robust.
The UK’s largest airport reported a 1.9% rise in revenue to £1.724 billion, buoyed by strong retail and food service performance. Adjusted EBITDA edged up 0.8% to £959 million, while operating costs rose 3.2%, reflecting higher maintenance expenses and energy costs.
“Heathrow continues to deliver the outcomes our customers want,” said CEO Thomas Woldbye. “We’re improving reliability, punctuality and security, while preparing for the next chapter of growth.”
Heathrow was named the most punctual major hub in Europe this year, with 98% of passengers clearing security in under five minutes and nearly all baggage arriving with its passenger.
No dividends were paid in the second quarter as the company prepares to invest under its 2027–2031 plan, which will focus on enhancing passenger experience, operational resilience, and airline growth opportunities. The Civil Aviation Authority is currently reviewing the proposed investment framework.
The airport also plans to submit a long-term expansion proposal to UK Ministers by July 31, aiming to have a new runway operational by 2035. The privately financed initiative is intended to bolster national economic growth and job creation.
Profit before tax fell to £203 million, down 37.2% year-on-year, while adjusted profit before tax dropped 32% to £121 million.