Airport World - Joe Bates

London Gatwick’s interim financial results for the first half of 2023 show that it enjoyed a “strong” six months, despite what it called a “challenging operational environment”.

The airport’s revenue increased in the first half of 2023, compared to 2022, and it achieved an improved EBITDA and increased net profit in the half year ending June 30.

Its 2023 interim results reveal that 18.5 million passengers passed through the airport in the first six months of 2023, up 41% compared to the same period in 2022.

However, traffic was heavily impacted by COVID-19 travel restrictions, particularly in Q1 2022.

During the six months, its revenue soared by 45% to £423.3 million on the same period a year ago. This Includes £212.7 million aeronautical income and £210.6 million from non-aeronautical sources, such as retail and parking.

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