Increased passenger numbers helped Heathrow hike profits by almost 20% last year.
The west London hub achieved a pre-tax profit of £267 million, a rise of 19.7% over 2015.
This came a revenue rose by 1.5% to £2.8 billion with passenger numbers up 1% to a record 75.7 million as passenger charges fell by 1%.
Retail revenue increased by 7.7% to £612 million, including £138 million from duty free sales and £114 million from car parking.
The airport received the green light in October to build a third runway, subject to final government approval, and will consult on plans to bring in 25,000 extra flights a year from 2021 including up to 40 new long-haul routes.
Chief executive John Holland-Kaye said: “2016 was a milestone year for Heathrow. I am very proud of what our 76,000 colleagues have achieved.
“We gave better service at lower cost to a record number of passengers and helped British businesses across the country trade more with the rest of the world.”
He added: “We have started the planning process for expansion and are preparing the skills and the supply chain we will need to build it sustainably and affordably. Heathrow is delivering for Britain.”
This is a community-moderated forum.
All post are the individual views of the respective commenter and are not the expressed views of Travel Weekly.
By posting your comments you agree to accept our Terms & Conditions.