Wednesday, July 17, 2024

Cargo at Gatwick grows 23% as profits pass £140m

Cargo volumes have increased 23.3 per cent at Gatwick Airport and profits before tax are up to £140.7 million ($186.7 million). For the six months ending 30 September 2017, cargo was up helped the airport’s expanding long haul network, including flights to Singapore, Seattle and Denver operated by Norwegian, and RwandAir flights to Kigali. Before […]

Gatwick Airport revenue increases 7.7% and long-haul network grows

‘Use it or Lose it’ airport slot rule should be restored says UK airports

Revenue at Gatwick Airport increased 7.7 per cent for the year ending 31 March 2017, with cargo volumes up 15.9 per cent. Revenue hit £725 million ($931.8 million) with EBITDA rising 12.9 per cent to £373.6 million, and profit before tax was £131.8 million. Gatwick Airport chief executive officer, Stewart Wingate says: “It has been […]

Strong growth in Munich reinforces need for third runway

Munich Airport has seen cargo volumes continuing to grow with volumes increasing by four per cent to 163,000 tonnes in the first half of 2016. The airport has seen take-offs and landings increase by 2.5 per cent to 191,000 and expects to see this increase by four per cent in 2017. Munich has seen a […]