Heathrow Airport has slashed its profit outlook by nearly £150 million, citing a severe contraction in passenger traffic to the Middle East driven by the ongoing conflict in Iran.
The airport operator reported that passenger numbers to the region have dropped by 25%, a sharp decline that is directly eroding revenue streams and forcing a reassessment of financial guidance for the period.
The repricing of Heathrow’s earnings potential underscores the widening economic impact of the geopolitical crisis on European aviation hubs.
While the airport has not disclosed specific share price movements in this update, the magnitude of the profit dip suggests significant pressure on investor sentiment.
This development aligns with broader sector weakness, as airlines and infrastructure operators grapple with reduced demand and increased operational uncertainty.
This profit warning follows earlier reports that Heathrow was already revising its passenger forecasts downward due to the war.