London Heathrow Airport plans to invest £10 billion ($13.6 billion) over the next five years to upgrade its terminals and services.
The investment plan includes redesigning terminals, improving punctuality through AI tools, and reducing its carbon footprint, aiming to increase passenger capacity by 12%.
Heathrow aims to address concerns about congestion and high charges from major airline customers as it slipped to No. 22 on Skytrax’s list of top airports.
The investment, privately funded through a £2 billion equity contribution, will run from 2027 to 2031 and involve adding more lounges, restaurants, and shops while demolishing Terminal 1.