The UK’s busiest airport, London Heathrow, continued to lose money in the first six months of 2023. Airport bosses blame the Civil Aviation Authority (CAA) – which regulates charges at Heathrow – for a pre-tax loss of £139m, which represents more than £500 per minute.
Passenger numbers remain “consistently below pre-pandemic levels”, while the “cost-of-living crisis is a material headwind for second-half demand” according to the airport’s statement.
