Gatwick passenger traffic, revenue up


Gatwick passenger traffic, revenue up

Thursday, 22 Aug, 2024 1

Gatwick Airport is having ‘one of our busiest summers yet’ as it announced double digit half-year revenue growth and net profit.

Almost 20 million passengers travelled to and from Gatwick in the first half of the year.

That represents an increase of 7.7% compared with 2023.

Revenues for the six months were £488 million, up 15.3%.

It posted a H1 net profit of £106 million which is up more than one-third.

“With the growing demand for travel, we are experiencing one of our busiest summers yet,” said airport CEO, Stewart Wingate.

“Thanks to robust planning and close collaboration with our partners we’ve had a strong start to 2024.”

“I am delighted that we have once again achieved good service levels, as evidenced by meeting 100% of our service measures.”

The airport’s focus this year is attracting new long-haul routes.

Recent new routes include Singapore Airlines flights.

This week Air India launched Bengaluru flights

Related News Stories:  Airline revenues, passenger traffic to hit record highs this year     London Gatwick welcomes Bengaluru flights     WestJet launches new direct London Gatwick to Newfoundland and …     Norse Atlantic Airways – TravelMole     EasyJet welcomes 250 millionth passenger at Gatwick     Ethiopian Airlines adds Gatwick flights     Singapore Airlines post strong Q3 earnings     Singapore Airlines begins Gatwick service     Azerbaijan Airlines launching London Gatwick flights – TravelMole     TravelMole    



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Editor for TravelMole North America and Asia pacific regions. Ray is a highly experienced (15+ years) skilled journalist and editor predominantly in travel, hospitality and lifestyle working with a huge number of major market-leading brands. He has also cover in-depth news, interviews and features in general business, finance, tech and geopolitical issues for a select few major news outlets and publishers.



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