Sunday, November 28, 2021
News

Heathrow warns travel may not come back to pre-Covid level till 2026

   SocialTwist Tell-a-Friend    Print this Page   COMMENT

New Delhi | Wednesday, 2021 1:45:06 AM IST
Heathrow airport has warned that air travel may not recover to pre-Covid levels until 2026 despite improving passenger numbers in the past three months, as it reported that losses since the start of the pandemic have reached 3.4bn, The Guardian reported.

The airport said international travel could be "on the cusp of a recovery" but it faced a "long road ahead", the report said.

Heathrow reported its first quarter of passenger growth since the start of the pandemic as the loosening of restrictions begins to unleash pent-up demand.

Heathrow reported a loss of just over 1bn for the nine months to the end of September, compared with a loss of 786m in the same months last year. The company warned in its results announcement that traffic may not recover fully for up to five years, the report added.

John Holland-Kaye, the Heathrow chief executive, said the UK was "on the cusp of a recovery which will unleash pent-up demand, create new quality jobs and see Britain's trade roar back to life... But it risks a hard landing unless secured for the long haul."

Passenger numbers in the three months to the end of September recovered to 28 per cent of pre-pandemic levels, while cargo climbed to 90 per cent of its levels in the equivalent period in 2019.

Despite the increase in recent months, Heathrow's losses have grown over the year as a whole. Passenger numbers for the first nine months reached 10.2 million, compared with 19 million for the same period last year, the report said.

--IANS san/skp/

( 278 Words)

2021-10-26-19:44:03 (IANS)

 
  LATEST COMMENTS ()
POST YOUR COMMENT
Comments Not Available
 
POST YOUR COMMENT
 
 
TRENDING TOPICS
 
 
CITY NEWS
MORE CITIES
 
 
 
MORE HEALTH NEWS
K'taka: Passengers from Maha, Kerala to ...
Israel bans travel to 50 African countri...
Kuwait suspends direct flights with 9 Af...
Two suspected cases of new variant Omicr...
Scientists on alert over heavily mutated...
B'desh suspends entry of travellers from...
More...
 
INDIA WORLD ASIA
BSF, Assam Police recover 2.59 lakh Yaba...
Rakesh Tikait reaches Mumbai to attend '...
PM Modi never used 'Mann Ki Baat' for po...
Loans could be only alternative to run M...
Himalayan park authorities fear wildlife...
Amit Shah to inaugurate Amul projects wo...
More...    
 
 Top Stories
S. African national parks reschedul... 
Daniel Dae Kim will only say yes to... 
Armaan Malik: I was heavily bullied... 
IND v NZ: He just continues to do t... 
Lady Gaga needed to use Italian acc... 
'Squid Game' star Park Hae-soo is a... 
Chinese scientists profile Tibetan ... 
Ex-TN Minister's son held for hijac...