Heathrow Lost £2bn in 2020 Due to the Lowest Passengers Numbers Since 1970

Heathrow Airport has revealed it plunged to a £2bn loss due to the lowest passenger numbers recorded in the last 50 years.

Before the pandemic, the airport used to transport about 80 million passengers per year but in 2020 this figure dropped to only 22 million travelers.

In spite of these concerning financial results, Heathrow CEO, John Holland-Kaye mentioned that the airport is not considering suspending payments to its creditors because they have “enough money to cope until 2023.”

Heathrow is owned by the Qatar Investment Authority, China Investment Corp and Spain’s Ferrovial among other big names.

Holland-Kaye is counting on being able to resume most of the airports’

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