Close Menu

    Iceland Tightens Rules to Discourage Tourists – What You Need to Know

    14/05/2025

    Expert Travel Tips: Avoid These Common International Travel Mistakes

    13/05/2025

    Earthquakes Shake Naples: Evacuation Plans Activated After Strongest Tremor in 40 Years

    13/05/2025

    How to Retire in Hot Springs Village, Arkansas, Without Savings

    12/05/2025

    Surviving the Middle Seat: Tips You Need to Know

    11/05/2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    Facebook X (Twitter)
    Travel News
    • About Us
    • Become a Contributor
    Facebook X (Twitter) RSS
    SUBSCRIBE
    • Home
    • Holidays
    • Air Travel
    • Hotels
    • Travel
    • Holiday Destinations & Resorts
    • City Breaks
    • Cruises
    • Winter Breaks
    Travel News
    Home » London Gatwick Airport Reports Increase in Passenger Footfalls in 2012 Financial Year
    Flights, Airlines & Airports

    London Gatwick Airport Reports Increase in Passenger Footfalls in 2012 Financial Year

    News TeamBy News Team26/06/2012No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email

    London Gatwick Airport has registered increased passenger footfall and increased revenues, for the year ended March 31, 2012.

    The airport has registered a turnover increase of 8.6 percent, to £517.4 million for the financial year ending in March 2012, with passenger traffic increasing by 6.9 percent, to 33.8 million over the year, compared to the same period a year earlier.

    Stewart Wingate, the chief executive officer of Gatwick Airport, said, ‘This has been a successful year for Gatwick. Despite the difficult economic conditions, we have delivered a strong financial performance on the back of growing our passenger traffic by an underlying 3.0 percent. Our turnover has increased by 8.6 percent to £517.4 million, and EBITDA improved by 16.9 percent to £221.5 million.

    Underpinning our performance is a transformation of the passenger experience and improvement in operational efficiency for our airlines and the airport. We have been competing with Heathrow, Stansted and Luton and other European airports, and this has seen us achieve passenger growth every single month over the course of the year. We have been winning new connections to high growth economies including South Korea, Turkey, Vietnam, Hong Kong and China.

    Passengers and airlines are benefiting from new facilities and we are currently investing around £20 million per month. We expect to invest around a further £435 million over the next two years as we complete our six-year, £1.2 billion programme.’

    The airport has reported a pre-tax loss of £48.6 million for the 2012 financial year, 22 percent less than last year’s loss of £62.5 million.

    Read Also  Gatwick Airport plans to create integrated customer management system
    airports Gatwick Airport UK
    News Team

    Related Posts

    Revolut Partners with Wizz Air to Offer One-Click Payments for Flight Bookings

    07/03/2025

    Cornwall Meets Towie With Eastern Airways New London Southend to Newquay Cornwall Service

    13/01/2025

    Air Transat Announces Its Big Flight Sale!

    08/01/2025
    Leave A Reply Cancel Reply

    Blog

    Iceland Tightens Rules to Discourage Tourists – What You Need to Know

    By News Team14/05/20250

    Iceland, long celebrated for its dramatic landscapes and untouched wilderness, is taking a hard look…

    Expert Travel Tips: Avoid These Common International Travel Mistakes

    13/05/2025

    Earthquakes Shake Naples: Evacuation Plans Activated After Strongest Tremor in 40 Years

    13/05/2025

    How to Retire in Hot Springs Village, Arkansas, Without Savings

    12/05/2025
    • Facebook
    • Twitter
    Categories
    • Activity & Adventure Holidays
    • Air Travel
    • Awards
    • Blog
    • Business
    • Business Travel
    • City Breaks
    • Cruises
    • Environment
    • Events
    • Finance
    • Flights, Airlines & Airports
    • Food & Drinks
    • Holiday Destinations & Resorts
    • Holidays
    • Hospitality
    • Hotels
    • International
    • Lifestyle
    • Press Release
    • Real Estate
    • Research
    • Technology
    • Timeshares
    • Tour Operators
    • Tourism
    • Travel
    • Travel Agents
    • Weather
    • Winter Breaks
    About
    About

    Stokewood House, Warminster Road
    Bath, BA2 7GB
    Tel : 0207 0470 213
    [email protected]

    Iceland Tightens Rules to Discourage Tourists – What You Need to Know

    14/05/2025

    Expert Travel Tips: Avoid These Common International Travel Mistakes

    13/05/2025

    Earthquakes Shake Naples: Evacuation Plans Activated After Strongest Tremor in 40 Years

    13/05/2025
    Pages
    • About Us
    • Contact Us
    • Become a Contributor
    • Submit Press Release
    • Privacy Policy
    Facebook X (Twitter)
    © 2025 Travel News

    Type above and press Enter to search. Press Esc to cancel.