‘Nothing we can do’ to turn a profit — Heathrow boss slams CAA cap as airport stalls in the red

Heathrow is on course for a fourth consecutive year in the red after it slumped to a loss of £139 million in the first three months of the year.

Boss John Holland-Kaye blamed an unfavourable decision on the level of take-off and landing fees that the west London hub can charge airlines for the failure to recover into profit despite a huge leap in passenger numbers since the end of the pandemic.