Heathrow earnings rise 22 percent on higher Asia, Middle East traffic
ReutersLONDON -- British airport operator Heathrow Ltd. reported a 22.1 percent rise in earnings on Monday, boosted by higher passenger traffic to Asia and the Middle East.
October 22, 2013, 12:06 am TWN
The owner of Heathrow, Southampton, Glasgow and Aberdeen airports said adjusted earnings before interest, tax, depreciation and appreciation (EBITDA) rose to 1.035 billion pounds (US$1.68 billion) for the nine months to Sept. 30, from 848 million pounds in the same period in 2012.
Heathrow, majority-owned by Spanish infrastructure group Ferrovial, said the number of passengers passing through its airports rose 3.6 percent to 54.8 million over the period, while net retail income per passenger increased 2.6 percent to 6.18 pounds.