How much profit does heathrow airport earn each year?
Revenues up at BAA 18.11.08 BAA has announced its results for the nine months to September 30, highlighting ‘robust retail activity’. Overall revenue was up by 15% to £1.92bn, while adjusted EBITDA increased marginally to £822m. Passengers using the airports in the period fell by 1.9% to 117.9m. BAA said in a statement that retail activity at Heathrow, Gatwick and Stansted airports was ‘robust’, with net retail income up by 1.3% to £420m. Income per passenger at Heathrow was up by 0.7% to £4.52, rose by 6.3% to £4.47 at Gatwick and increased by 2.3% to £3.81 at Stansted. Growth was strongest at Gatwick, which recorded a 6.2% increase in net retail income. Heathrow net retail income was flat year on year, although in-terminal performance has been strong with an increase of 3%, which was offset by a decline in car park income owing to a shift towards public transport and a decline in domestic passenger traffic. BAA CEO Colin Matthews said: ‘With trading conditions expected to remain chal
