British Airways Reports €50 Million Loss from Heathrow Closure

Airport Industry News
Tiana May
12 May 2025

British Airways, a subsidiary of International Airlines Group (IAG), suffered an estimated 50 million EUR hit to operating profit in the first quarter of 2025 following the one-day closure of London Heathrow Airport on 21 March.

The closure of the UK’s busiest airport had a notable impact on IAG’s financials, contributing to a 1% increase in group-wide non-fuel costs. British Airways, the airline most directly affected, saw its intra-European and domestic UK revenues suffer, with the Domestic segment recording a 4.5% year-on-year decline in unit revenue, and intra-European passenger load factors dropping by nearly three percentage points.

Despite the impact of Heathrow’s closure, IAG’s group revenue grew by 9.6% year-on-year to 7.04 billion EUR, and operating profit before exceptional items jumped to 198 million EUR, up from 68 million EUR in the same period last year. After-tax profit rose to 176 million EUR, compared to a 4 million EUR loss in Q1 2024.

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