Heathrow Airport Holdings
Company based in the United Kingdom
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| January 29 2025 | Government backed the expansion of Heathrow Airport after previously shelving the plans, promising to cut bureaucratic red tape that delayed the approval process. |
| January 2025 | Chancellor Rachel Reeves confirmed the new Labour government's plan to proceed with the third runway within the current parliamentary term. |
| 2024 | Heathrow Airport Holdings was acquired by a consortium of international investors, including Ardian (22.61%), Qatar Investment Authority (20.00%), Public Investment Fund of Saudi Arabia (15.01%), GIC from Singapore (11.20%), Australian Retirement Trust (11.18%), and China Investment Corporation (10.00%). |
| December 15 2024 | Ardian and the Public Investment Fund of Saudi Arabia successfully acquired 22.6% and 15% stakes in Heathrow Airport respectively for a combined US$4.12 billion. |
| January 2024 | Ferrovial announced plans to sell its shareholding to Ardian and the Public Investment Fund. |
| 2023 | Thomas Woldbye becomes the latest Chief Executive, replacing John Holland-Kaye. |
| November 21 2022 | Virgin Atlantic CEO Shai Weiss shifts the company's support for Heathrow Airport expansion from 'unequivocal' to 'tentative', citing increased passenger charges as a reason for the change in stance. |
| 2020 | Government estimated economic benefits of £5.5bn from building a third runway at Heathrow, projected over the period 2020-2080. |
| 2020 | The company accumulated over £17 billion in debts to banks and bondholders due to the enormous reduction in air travel caused by the COVID-19 pandemic. |
| December 16 2020 | The UK Supreme Court lifted the ban on the third runway, allowing planning applications to proceed. |
| October 2020 | Heathrow Airport Holdings requested an increase in airport charges, which was subsequently rejected by the Civil Aviation Authority during the COVID-19 pandemic. |
| February 27 2020 | The Court of Appeal ruled the government's third runway decision unlawful due to insufficient consideration of climate change commitments. |
| July 2019 | Unite union threatened a strike over pay inequality after CEO John Holland-Kaye received a 103% pay rise from £2,100,000 to £4,200,000, while staff were denied a 4.5% increase. |
| August 6 2018 | Lawyers for Friends of the Earth filed papers at the High Court seeking to quash the Airports National Policy Statement (NPS), arguing it breached UK climate change and sustainable development policies. |
| June 25 2018 | House of Commons voted 415-119 in favor of the third runway, with a subsequent judicial review launched by four London boroughs and Greenpeace. |
| June 5 2018 | Cabinet approves the third runway expansion, with a full parliamentary vote planned. |
| May 2018 | Heathrow Connect, a joint rail operation with First Great Western, was superseded by TfL Rail service. |
| January 2018 | Heathrow unveiled a revised runway option to reduce construction costs from £16.8 billion to £14.3 billion. |
| 2017 | Company's financial status shows borrowings of £13.4 billion and shareholders' equity at £0.7 billion. |
| October 25 2016 | A new northwest runway and terminal was adopted as central Government policy. |
| July 1 2015 | The Airport Commission published its 'Final Report', preferring the runway expansion plan. |
| January 2015 | Airports Commission published a full report recommending the north-west third runway and a new sixth terminal. |
| October 16 2014 | Heathrow Airport Holdings agreed to sell Glasgow, Southampton, and Aberdeen airports to AGS Airports for £1 billion. |
| July 1 2014 | John Holland-Kaye officially became CEO, succeeding Colin Matthews. |
| May 2014 | John Holland-Kaye was announced as the upcoming new CEO of Heathrow Airport Holdings. |
| January 2013 | Stansted Airport was sold to the Manchester Airports Group. |
| 2012 | The company was renamed Heathrow Airport Holdings to more accurately reflect its primary business focus on Heathrow Airport. |
| October 2011 | BAA announced the planned sale of Edinburgh Airport for early 2012. |
| December 2010 | Heathrow Airport experienced severe runway closures and delays due to inadequate snow and ice-fighting technology, leading to accusations of under-investment in winter preparedness. |
| May 24 2010 | BAA formally dropped its plans for airport expansion. |
| May 12 2010 | Heathrow Airport expansion was cancelled as part of the new Conservative-Liberal Democrat coalition government's agreement. |
| May 12 2010 | The new coalition government cancelled the airport expansion plans. |
| March 2010 | Campaigners won a High Court battle when Lord Justice Carnwath ruled that the government's policy support for a third runway needed review, particularly concerning climate change policy implications. |
| March 2010 | High Speed 2 route was announced, which did not include a direct connection to Heathrow Airport. |
This contents of the box above is based on material from the Wikipedia articles Expansion of Heathrow Airport & Heathrow Airport Holdings, which are released under the Creative Commons Attribution-ShareAlike 4.0 International License.