Heathrow raises 2022 passenger forecast
The airport expects demand across the year to reach 65% of pre-pandemic levels.
Your support helps us to tell the story
From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.
At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.
The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.
Your support makes all the difference.Heathrow Airport has increased its 2022 passenger number forecast from 45.5 million to nearly 53 million.
This 16% rise follows a “strong” April, with 5.1 million people using the west London airport.
Heathrow said outbound leisure travellers and people cashing in airline vouchers obtained for trips cancelled due to the coronavirus pandemic are driving the recovery in demand, which it expects to last throughout the summer.
The forecast means Heathrow expects passenger numbers to reach 65% of pre-pandemic levels this year.
This is a “realistic assessment”, the airport insisted.
Airlines have accused Heathrow of playing down the recovery of demand as part of efforts to convince the Civil Aviation Authority (CAA) to allow it to raise fees further.
The regulator is in the final stages of setting a five-year cap on the airport’s charges.
Heathrow expects to remain loss-making through the year and does not forecast paying dividends to shareholders in 2022.
Chief executive John Holland-Kaye said: “We all want to see travel get back to pre-pandemic levels as quickly as possible, and, while I am encouraged by the rise in passenger numbers, we also have to be realistic.
“There are significant challenges ahead. The regulator can either plan for them with a robust and adaptable regulatory settlement that delivers for passengers and withstands any shocks, or they can prioritise airline profits by cutting back on passenger service, leaving the industry to scramble when things go wrong in future.”