Heathrow reports 91% fall in passengers

Heathrow has posted another loss as it waits for air travel to restart.

Passenger numbers were down by 91% in the most recent quarter to 1.7m.

The airport has said that it has lost a total of £2.4bn from the pandemic. International travel is set to restart on the 17th May, which Heathrow chief executive said would help to “restart” the economy.

“These results show how Covid has devastated the aviation sector and British trade. Restarting international travel from 17 May will help to kickstart the economic recovery, allowing exporters to get their goods to market, as well as reuniting families who have been separated for over a year,” said John Holland-Kaye.

“Heathrow is gearing up for the recovery. By acting early to cut costs and protect cash, we have put ourselves in a strong financial position to weather the storm and are ready to welcome back passengers, while keeping them safe,” he added.

For this year, Heathrow has updated its passenger forecast for this year to between 13 and 36m. This is compared to the 81m in 2019.