London Heathrow Airport, the UK’s largest airport, recorded an improved, but still loss-making, financial position in 2012. Annual results for Heathrow Ltd—which includes both London Heathrow and Stansted airports—show the company incurred a post-tax loss of £40.9 million ($63.2 million) for the year ended Dec. 31, 2012. This compared to a post-tax loss of £191.5 million in 2011. The company recorded an adjusted pre-tax profit of £40.6 million, ...

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