Heathrow Airport
| Use attributes for filter ! | |
| Address | Longford TW6, UK |
|---|---|
| Code | LHR |
| Area | 1214 |
| Elevation | 25 |
| Owners | Heathrow Airport Holdings |
| Did you know | London Heathrow Airport is the world's second-busiest airport by international passenger traffic annually (73,187,198). |
| Date of Reg. | |
| Date of Upd. | |
| ID | 734118 |
About Heathrow Airport
Heathrow Airport, also known as London Heathrow, is a major international airport in London, United Kingdom.
Where is the Heathrow Airport
Saudi investment fund to buy 10% stake in Heathrow airport
...By Mariko OiBusiness reporterSaudi Arabia s Public Investment Fund (PIF) has agreed to buy a 10% stake in Heathrow Airport from Spanish infrastructure giant Ferrovial...
Rapper Nines charged with drug offences after Heathrow Airport arrest
...Rapper Nines has been charged with drug offences after being arrested at Heathrow Airport...
Heathrow passengers facing delays after strong winds
...Airline passengers are facing delays at Heathrow Airport after air traffic control imposed restrictions on how many planes can land or take-off...
Official TS: Drill rapper admits terrorism chemical offence
... The 20-year-old was caught when police stopped him at Heathrow Airport...
Bedford MP stopped from boarding flight
... He said he was questioned at Heathrow Airport check-in by Air Canada officials and asked if he was carrying a knife or other offensive weapon...
Forget LA – it's British film studios that are in demand
... The company is based on a rather drab industrial estate in Hayes, a couple of miles from Heathrow Airport...
Frank Ospina begged to be sent home - but died in UK detention
... He was put on " constant watch" his family say, in a cell with a window at the Colnbrook Immigration Removal Centre, one of two at Heathrow Airport...
Air traffic control: UK flights remain significantly disrupted after bank holiday fault
... Despite the issue being resolved within hours, Heathrow Airport said its schedule was still affected...
Saudi investment fund to buy 10% stake in Heathrow airport
By Mariko OiBusiness reporter
Saudi Arabia 's Public Investment Fund (PIF) has agreed to buy a 10% stake in Heathrow Airport from Spanish infrastructure giant Ferrovial.
Another 15% in its parent company, FGP Topco, will be sold to French-based private equity fund Ardian.
Ferrovial, which has owned a stake since 2006, announced that The Deal was worth £2. 37bn ($3bn).
The transaction is still subject to regulatory conditions, according to The Firm .
If approved, The Deal would end Ferrovial's investment in the UK airports' operator which started at 56% but was reduced to 25% by 2013.
Other stakeholders in FGP Topco include Qatar Investment Authority, Caisse de dépôt et placement du Québec, Singapore's GIC, Australian Retirement Trust, China Investment Corporation and Universities Superannuation Scheme.
The Airport has been losing money this year because of its significant debt which is affected by aggressive hikes in the cost of borrowing.
The Civil Aviation Authority which go towards costs for terminals runways, baggage systems and security.
The average charge per passenger at Heathrow for 2023 is £31. 57 but the regulator said this would fall to £25. 43 in 2024 and " remain broadly flat" until The End of 2026.
It is understood bosses at Heathrow wanted charges to actually increase to More Than £40, while airlines proposed they should be no More Than around £18. 50.
is one of The World 's most active sovereign wealth funds with More Than $700bn in assets thanks to its oil wealth, which has recently been investing in sport such as football and golf.
But the fund is controlled by Saudi Arabia 's prince Mohammed bin Salman Al Saud whose government has been accused of numerous Human Rights violations.
US intelligence has said it believes Prince Mohammed ordered the 2018 killing of a US-based journalist, Jamal Khashoggi , though The Prince and he has also been invited to visit the UK.
Related TopicsSource of news: bbc.com
Heathrow Airport Photos
