New funds to make Heathrow more resilient

Heathrow Airport shareholders have announced plans to invest an additional £650m in the UK gateway during 2019.
Billed by the airport as a vote of confidence in post-Brexit Britain, it will be used to improve operational resilience and will include enabling works for the expansion of Terminal 2 and planning works for a new southern access tunnel for the Central Terminal Area.
Heathrow’s shareholders include pension fund the Universities Superannuation Scheme, Ferrovial, Caisse de dépôt et placement du Québec, GIC, Alinda Capital Partners of the US, China Investment Corp and Qatar Investment Authority.
Heathrow chief executive John Holland-Kaye said the funds “will help us build on our success…and further improve resilience at the nation’s hub.”

Share this story

Related Topics

Latest cargo airport news

Yusen Logistics takes operations to Ezhou Huahu Airport

Japanese firm Yusen Logistics plans to start cargo terminal and charter operations at Ezhou Huahu Airport in China next year….

Read More

Share this story

Emirates gets ready for SAF at Schiphol

Emirates has commenced the activation of its sustainable aviation fuel (SAF) agreement with Neste at Amsterdam Schiphol Airport. Over 2m…

Read More

Share this story

FedEx expands Shenzhen airport facility

FedEx Express has upgraded its Shenzhen Baoan International Airport gateway facility in Shenzhen, China by renovating and expanding the import…

Read More

Share this story

Air Cargo News

Air Cargo News
Established in 1983, Air Cargo News is the leading source of news, information, interviews, analyses and reports to the global airfreight industry. Our leading portfolio includes print, digital and events that give businesses in the airfreight industry the ability to connect with decision-makers in this sector.