Heathrow issues warning over impact of Middle East war
Heathrow airport has warned it expects its passenger numbers for the rest of the year to be affected by the situation in the Middle East.
Some 18.9 million people passed through its four terminals during the first three months of the year.
This was a year-on-year increase of 3.7%, which the west London airport said was because it โtemporarily absorbed demand from elsewhereโ.
About half a million passengers per day usually use airports in Dubai, Doha or Abu Dhabi, which are vital hubs for travel between Europe and the continents of Asia and Australia.
Airspace closures following the outbreak of the war in the Middle East on February 28 had a major impact on air travel.
Much of the regionโs airspace has since reopened, but many people are avoiding flying there because of the war.
In a trading update, Heathrow said: โWhile Heathrow has temporarily absorbed demand from elsewhere, passenger numbers for the rest of the year are likely to be impacted whilst there is significant uncertainty in the Middle East.โ
Meanwhile, Sally Ding, Heathrowโs chief financial officer, declared the airport is ready to go ahead with its plan to build a third runway โwith the right regulatory framework and Government policy in placeโ.
She said Heathrow is currently โfullโ, which means โfewer choices and higher fares for passengers, and missed opportunities for the UK economyโ.
Heathrowโs first-quarter revenue increased by 2.3% from a year ago to ยฃ844 million, amid rises in passenger numbers, food and beverage sales and uptake of premium services.
But its adjusted operating costs were 6.5% higher, driven by an uptick in wages and national insurance payments, IT investments and the number of passenger requiring support.
