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Heathrow reports record first quarter figures amid ‘surging’ demand

Heathrow expects to upgrade to 2017 full year forecasts on the back of “surging” passenger and cargo demand in the first quarter of the year.

The London hub handled a record 17.2 million passengers in the first three months of 2017, up 2.2% against the same period last year.

Revenue roes by 2% to £655 million to give a 4.1% increase in adjusted earnings [EBITDA] to £382 million despite airport charges falling by 2.2%.

The airport said that delivery of a third runway is on-track with the first planning consultation launching later this year.

Chief executive, John Holland-Kaye, said: “When Heathrow succeeds, Britain benefits and 2017 is shaping up to be our best year ever.

“Our new domestic airline Flybe is already driving more choice for passengers on Scottish routes and surging trade is boosting jobs across Britain.

“Britain is plotting a new course in the world and expanding Heathrow is more important than ever to ensure its success.

“It will make our country the best connected in the world and secure our export-led future.

“We’re getting on with delivering it and look forward to opening Britain’s new runway in 2025.”

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