Heathrow Airport is preparing for its next phase of growth after reporting another record month of on-time performance and a surge in travellers over the October half-term.
The UK’s busiest airport welcomed 7.3 million passengers last month—its highest-ever October—driven by strong demand for European destinations such as Brussels, Lyon, Marseille and Vienna. Despite the heavy traffic, Heathrow and its airline partners maintained their position as Europe’s most punctual hub, serving more passengers on time than any of their competitors.
To sustain this level of service, Heathrow says continued investment is essential. The airport plans to increase annual spending to £2 billion from 2027, ensuring its infrastructure can meet future demand.
However, Heathrow is urging the Treasury to intervene in what it calls a “punitive” business-rate revaluation by the Valuation Office Agency, warning that a steep increase would burden airlines and risk deterring private investors. Billions of pounds in UK supply-chain spending could be affected, the airport said.
This week, Heathrow submitted additional details to the government regarding its expansion proposals—the only option, it argues, capable of delivering nationwide economic benefits both during construction and once operational. The plans include a £33 billion expansion and a £15 billion modernisation programme for the current airport.
“The numbers speak for themselves,” said Heathrow CEO Thomas Woldbye. “Working with airlines, Heathrow is serving more passengers on time than any other European hub. We are ready to use our skills and experience to expand the UK’s gateway to growth.”