May 12. More than 5 million passengers traveled through London’s Heathrow International Airport in April, with outbound leisure passengers cashing in on airline travel vouchers to speed up the recovery in passenger demand. The airport forecasts an estimated 53 million passengers will be handled this year.
Still, Heathrow asks that the Civil Aviation Authority (CAA) raise its passenger charges by more than 56% despite the promising numbers. Additionally, the airport does not forecast paying any dividends to its shareholders this year, citing its expectations to remain loss-making throughout this year as a reason.
The CAA is expected to announce a five-year cap on Heathrow’s charges this upcoming summer. However, it has meanwhile given the airport permission to raise its passenger fees by more than 56% as an interim measure.
Source: Simple Flying