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Gatwick Airport reports 7.3 per cent hike in earnings

by LLB Reporter
18th Jun 19 9:13 am

London’s Gatwick Airport has reported a 7.3% rise in annual earnings to £441.4m in the year to 31 March.

Britain’s largest airport has seen a rise in long-haul demand boosting passenger numbers by 1.1m, up by 14.3% compared to the previous year, with overall passenger numbers reached 46.4m.

Far East connections has driven the long-haul growth which has jumped by 45% year-on-year.

The average income from each passenger rose by 4.5% to £17.47 and Gatwick saw total revenues lift by 6.1% to £810.8m in the year.

Stewart Wingate, chief executive of Gatwick Airport said, “Over the last year, we have achieved strong passenger growth matched by a reduction in our local noise footprint; robust financial results matched by record levels of investment back into the airport; and growing global connections fuelling increased trade and tourism opportunities.”

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