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Gatwick Airport profits hit by drop in short-haul passengers
Revenue increased slightly to £1.13 billion but profits fell 2.4% due to a 1.9% short-haul passenger drop linked to aircraft availability issues, Gatwick said.
- On Wednesday, March 11, 2026, London Gatwick Airport published its 2025 Annual Financial Statements, revealing pre-tax profits fell 7.3% to £422.9 million despite revenue rising 0.2% to £1.13bn.
- Gatwick attributed the 1.1% drop in total passengers to 42.8 million primarily to a 1.9% decline in short-haul traffic, which the airport blamed on "temporary issues related to aircraft availability."
- Contrasting the short-haul decline, Gatwick reported "particularly strong growth" in long-haul markets, with Sub-Saharan Africa rising 22%, the Far East and South Asia increasing 24%, and the Middle East and Central Asia growing 17%.
- London Gatwick Chief Executive Pierre-Hugues Schmit, who succeeded Stewart Wingate in September 2025, is advancing the £2.2bn Northern Runway project after it secured government consent last September.
- Jet2 begins serving 29 destinations from Gatwick later this month as the airport prepares for what Schmit called a "transformative year" in 2026.
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London Gatwick: Airport delivers strong financial performance in 2025 underpinned by excellent passenger service and expansion of its long-haul offer
London Gatwick delivered a strong financial performance in 2025 underpinned by excellent passenger service, optimised operational performance and expansion of its long-haul offer.
·Lewes, United Kingdom
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Coverage Details
Total News Sources12
Leaning Left3Leaning Right0Center8Last UpdatedBias Distribution73% Center
Bias Distribution
- 73% of the sources are Center
73% Center
L 27%
C 73%
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