Heathrow: €2.8 billion to transform the London hub

1.05 billion pounds in 2025, then a further 1.29 billion in 2026: that's the Christmas present Heathrow airport is giving itself ahead of schedule. Or 2.8 billion euros - 296 million more than planned - which should bring the airport of London Heathrow into a new era.

What will be the practical use of this new financial windfall, presented as a the largest private sector capital investment in transport infrastructure in the UK ? London Heathrow's management has defined a number of key priorities. In particular, there is a strong emphasis on decarbonation of the airport, although the details of this remain rather vague. The investment will also increase the capacity of all Heathrow terminals, including baggage delivery, and improve the punctuality of departures and arrivals at the London hub. In the words of airport management, "the investment programme will improve service, resilience, passenger experience and sustainability for all Heathrow passengers".

Thomas Woldbye, Heathrow CEOsays: " Heathrow is the UK's gateway to the world and ultimately the UK's gateway to growth. Today's announcement confirms that we will continue to invest more than £1 billion a year from the private sector in the airport to provide the facilities our airlines and passengers want, while boosting the UK economy and creating opportunities for businesses across the country. ".