Heathrow expects fall in passengers and profits this year because of Iran war

Heathrow Airport anticipates a 1.1% drop in passenger numbers this year, totaling 83.6 million, and a corresponding decline in profits, largely due to disruptions caused by the war in the Middle East. This decrease impacts not only the airport's financial health but also the broader travel industry, highlighting the global repercussions of regional conflicts on international air travel. Heathrow is working closely with the regulator to navigate the costs associated with its third runway project amidst these challenges.