Heathrow Airport Holdings
| Formerly | BAA plc |
|---|---|
| Company type | Private |
| LSE: BAA FTSE 100 component (until 2006) | |
| Industry | Transport |
| Founded | 13 December 1985 (as BAA plc) |
| Headquarters | Compass Centre London, England, UK |
Key people | Thomas Woldbye (CEO) Philip Jansen (Chairman) |
| Products | Airport operations and services |
| Services | Airport Operations |
| Revenue | £3,559 million (2024) |
| £1,504 million (2024) | |
| £684 million (2024) | |
Number of employees | 8,286 (2024) |
| Parent | FGP Topco Limited, majority held by Ardian (32.61%) and QIA (20%) |
| Subsidiaries | Heathrow Airport Heathrow Express |
| Website | heathrow |
Heathrow Airport Holdings is a company that operates and manages Heathrow Airport based in London, England. It was formed by the privatisation of the British Airports Authority as BAA plc as part of Margaret Thatcher's privatisation of government-owned assets, and was once a constituent of the FTSE 100 Index.
BAA plc was bought in 2006 by a consortium led by Ferrovial, a Spanish firm specialising in the construction and operation of transport and urban infrastructure. In March 2009, the company was eventually required to sell Gatwick and Stansted airports; eventually BAA sold all its airports other than Heathrow and was renamed to its current name in 2012 to reflect its main business; businesses sold include the management of airports in the US and Africa, as well as the retailer World Duty Free. In 2024, Ferrovial sold most of its shares to the private capital Ardian and the Saudi Public Investment Fund, now among other foreign institutional investors.
The company's head office is in the Compass Centre, on the grounds of Heathrow Airport in the London Borough of Hillingdon. The company makes money from charging landing fees and departing passenger levies to airlines, and from ancillary operations within those airports such as retail, car parking and property.