By Daniel Hunter
Heathrow Airport owners have reported a10.7% rise in revenue and an increase in pre-tax profit to £211 million in the first nine months of the year.
However they also added that future progress was being jeopardised by the Civil Aviation Authority's next price regulation plans.
"Strong passenger satisfaction and passenger numbers have driven strong growth in cash flows, funding current investment of almost £4 million a day in improving the airport for passengers and airlines," Colin Matthews, Chief Executive Officer of Heathrow, said.
"But progress is jeopardised by the CAA‟s final proposals for Q6, which reduce returns to below the level at which Heathrow‟s shareholders have said they are willing to invest. We are now carefully considering our investment plans before responding to the CAA."
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