London’s Heathrow airport, Britain’s busiest, saw its lowest number of passengers since 1972 last year and suffered wider losses as the coronavirus pandemic slashed demand for business travel and holidays. Passenger numbers fell to 19.4 million in 2021. Heathrow also recorded a pretax loss of 1.79 billion pounds ($2.43 billion) for 2021, taking total loses during the pandemic to 3.8 billion pounds due to the drop in passengers and high fixed costs. Chief Executive John Holland-Kaye said Heathrow expected to meet its target of more than doubling passengers to 45.5 million this year, although demand would be “quite peaky” and focused on British school holidays. Passenger numbers were currently 23% behind forecast, but he said there were signs of recovery, with the airport seein...
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