December 25, 2014 1:14 PM ET

Transportation Infrastructure

Company Overview of LHR Airports Limited

Company Overview

LHR Airports Limited operates airports primarily in the United Kingdom. The company owns and runs London Heathrow Airport, as well as a various airports in the United Kingdom, including Southampton, Glasgow, and Aberdeen Airports. It also provides various business to business services at its airports, which include retail concessions; filming and photography; advertising; commercial telecoms; and retail travel services, such as car parking and car rental, as well as manages a portfolio of on-airport properties, which includes offices, airside support facilities, airline lounges, business centers, warehouses, airline check-in desks, ground handling accommodation, fuel facilities, crew reporti...

The Compass Centre

Nelson Road

London Heathrow Airport

Hounslow,  TW6 2GW

United Kingdom

Founded in 1965

8,583 Employees

Phone:

44 20 8745 9800

Key Executives for LHR Airports Limited

Chief Executive Officer and Director
Chief Financial Officer and Director
Chief Executive Officer of Budapest
Age: 55
Non-Executive Director and Chief Executive Officer of Ferrovial's Airports Division
Age: 65
Member of Executive Committee
Age: 63
Compensation as of Fiscal Year 2014.

LHR Airports Limited Key Developments

Glasgow Planning To Bid For Airport

Glasgow is planning to buy Glasgow Airport Limited. Strathclyde Pension Fund is part of a bid consortium which includes Partners Group Holding AG (SWX:PGHN) and Zurich Airport International Ag. According to the news report, Ferrovial, S.A. (CATS:FER) is also keen on snapping up Glasgow. A decision by the Strathclyde Pension Fund group to also try to buy Glasgow could spark a bidding war. The report stated that the move to buy Glasgow is supported by city council leader Gordon Matheson and Renfrewshire council leader Mark Macmillan. LHR Airports Limited (British Airports). According to the report, the conglomerate has so far refused to comment on reports of a bid although sources insist the speculation is true.

Heathrow Airport to Open New Terminal in June 2014

LHR Airports Limited has announced that it will open Heathrow's new Terminal 2: The Queen's Terminal on June 4, 2014. Over half a century since the Queen opened Heathrow's original Terminal 2, the new Terminal 2 will be home to 22 Star Alliances airlines as well as Aer Lingus, Virgin Atlantic Little Red and Germanwings carriers. The GBP 2.5 billion development has taken five years to complete and includes the main Terminal 2 building, a monumental new sculpture inspired by the world of aviation by internationally-renowned artist Richard Wilson RA, a 1,340 space car park and an energy centre and cooling station. Spanish architect Luis Vidal is internationally renowned for his ambitious airport designs.

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