EconomyLens.com
No Result
View All Result
Wednesday, October 29, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Economy

Heathrow closure could cost millions, disrupt flights for days

Natalie Fisher by Natalie Fisher
March 21, 2025
in Economy
Reading Time: 6 mins read
A A
2
47
SHARES
593
VIEWS
Share on FacebookShare on Twitter

Heathrow was brought to a standstill after a fire at an electricity substation cut power to the airport. ©AFP

London (AFP) – Huge travel disruption at London’s Heathrow airport caused by a power cut Friday could take several days to remedy and cost millions of pounds, experts estimated. Europe’s busiest air hub was brought to a standstill after a fire at an electricity substation cut power to Heathrow, raising questions over the resilience of its infrastructure.

Related

Taxes, labor laws, pensions: what Milei wants to do next

Trump orders nuclear testing resumption ahead of Xi talks

Divided US Fed backs second quarter-point rate cut of 2025

Chemicals firm BASF urges EU to cut red tape as profit dips

Mercedes-Benz profit plunges on China slump and US tariffs

– Back to normal when?

The reopening of the airport will not mean the immediate return of regular flights, as a backlog of planes return to correct locations and passengers are re-routed from cancelled flights. “It’s extremely complicated…the disruptions will last two to four days,” Anita Mendiratta, an aviation advisor to the United Nations tourism agency, told AFP. “It’s not only airport operations, but passengers, crew, cargo, aircraft all of that are very much displaced if they’ve had to be relocated,” she added. According to aviation consultant Philip Butterworth-Hayes, the disruption could last longer, even “a good seven or eight days” for business as usual to resume.

– Is Heathrow resilient?

UK Energy Secretary Ed Miliband promised that the government would do all it could to quickly restore power to Heathrow, as questions were raised about the airport’s “resilience.” “There’s obviously been a catastrophic fire at this substation, an unprecedented event…it appears to have knocked out a backup generator as well as the substation itself,” Miliband told BBC radio. “Obviously we will have to look harder at the causes and also the protection and the resilience that is in place for major institutions like Heathrow.” Butterworth-Hayes told AFP that “there should have been other generators that kicked in, so why they haven’t is one of the big questions.”

– How much will it cost?

Several experts estimated that the cost of the incident for the airlines and the airport, which handles some 230,000 passengers a day, would total tens of millions of pounds. Butterworth-Hayes estimated that the costs could stretch to “certainly more than 50 million pounds ($65 million).” “It’s a massive impact in lost revenues and disruption costs, primarily for the airlines (because of) all the follow-on costs involved in putting people in hotels, refunds, re-bookings etc,” said independent airline analyst John Strickland. Shares in British Airways parent IAG were down 1.6 percent in London afternoon trading, while Air France-KLM also retreated in Paris. The UK’s second busiest airport, Gatwick, said it would accept some flights from Heathrow. Others were diverted to European airports including Shannon in southwestern Ireland, Frankfurt, and Paris Charles de Gaulle.

– How rare are closures?

Major airport closures are not uncommon worldwide, but occur mainly owing to weather events, such as storms or hurricanes, or following accidents or conflicts. At the beginning of October, several international airports in Florida ceased operations because of Hurricane Milton. South Korea’s Muan International Airport, which is much smaller than Heathrow, was closed for more than 20 days between December and January following the deadly crash of Jeju Air Boeing 737-800. In April 2010, the huge amount of ash blasted into the atmosphere by Iceland’s Eyjafjallajokull volcano led several European countries — including Britain, Norway and Denmark — to close their airspace. Following the 2001 September 11 attacks in New York, the United States closed its airspace to civilian traffic for two days.

© 2024 AFP

Share19Tweet12Share3Pin4Send
Previous Post

Counter-terror police probe fire that shut London Heathrow

Next Post

Global stocks mostly slump as Trump tariffs hit confidence

Natalie Fisher

Natalie Fisher

Related Posts

Economy

Norway’s energy giant Equinor falls into loss

October 29, 2025
Economy

US Fed on track to cut rates again in penultimate decision of 2025

October 29, 2025
Economy

As US blows up drug boats, Venezuelan oil sets sail

October 28, 2025
Economy

Russia’s Lukoil to sell overseas assets after US sanctions

October 27, 2025
Economy

ECB to hold interest rates steady with inflation subdued

October 27, 2025
Economy

‘Definitive solution’ on Brazil-US trade within days: Lula

October 27, 2025
Next Post

Global stocks mostly slump as Trump tariffs hit confidence

Russian central bank holds key rate at two-decade high

First flights land at Heathrow after power station fire

Trump admits Musk 'susceptible' on China

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
2 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

79

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

Google parent Alphabet posts first $100 bn quarter as AI fuels growth

October 29, 2025

Dollar rises after Fed chair says December rate cut not a given

October 29, 2025

Meta shares sink as $16 bn US tax charge tanks profit

October 29, 2025

Trump, Xi to meet seeking truce in damaging trade war

October 29, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.