Heathrow ramps up investment to US$2.9 billion over two years
Heathrow's mission with the investment is to provide better service for passengers
Heathrow Airport has announced a major acceleration in its investment strategy. The £2.3 billion (US$2.9 billion) plan for upgrading the UK's hub airport represents an increase of £244 million (US$306 million) over previous forecasts. This investment program will span the next two years and focus on enhancing capabilities across all terminals.
The comprehensive upgrade aims to improve baggage delivery, support punctual departures and enhance sustainability initiatives. These improvements align with Heathrow's mission to provide better service for passengers while maintaining its position as the UK's international gateway.
Among other upgrades, Heathrow's comprehensive plan will help make it easier for passengers to travel from one terminal to another
A key component of the investment is the Independent Journeys Project. This initiative will give passengers requiring additional support more choices for independent travel throughout the airport. The program also includes Active Travel projects to encourage cycling and walking between terminals, with completion expected in 2027.
Economic impact
Heathrow CEO Thomas Woldbye sees the investment as crucial for national economic growth. "Heathrow is the UK's gateway to the world and ultimately the country's gateway to growth," he said. "Today's announcement confirms that we will continue to invest more than £1bn of private sector cash each year into the airport to deliver facilities our airlines and passengers want while boosting the UK economy."
The investment creates significant opportunities for businesses nationwide. Through initiatives like the Business Summit program, Heathrow continues its tradition of connecting SMEs to contract possibilities both locally and across the country.
Track record
The announcement follows the publication of Heathrow's first Investment Impact Report. The report details how the airport's £1.1 billion (US$1.38 billion) investment in 2024 benefited over 1,100 UK supply chain partners. A significant portion of this investment, £191 million (US$239 million), went toward upgrading security lanes to prepare for increased Christmas demand.
Looking ahead, the investment will be split across two years. The airport plans to invest £1.05 billion (US$1.3 billion) in infrastructure improvements during 2025, followed by an additional £1.29 billion (US$1.6 billion) in 2026.
This sustained investment aims to ensure Heathrow maintains its status as the world's best-connected airport while creating opportunities for UK businesses and delivering enhanced experiences for passengers.
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