Heathrow Lifts Forecast Citing Return of Asia, Business Traffic
- Traffic to approach pre-pandemic levels next year, CFO says
- Ebitda forecast for 2023 is raised 12% to £2.2 billion
Airline passengers in the arrivals hall at Heathrow Airport in London, UK.
Photographer: Hollie Adams/BloombergThis article is for subscribers only.
London Heathrow Airport raised its 2023 forecast for passenger traffic and cash flow, saying business travel is almost back to pre-pandemic levels and volumes with Asia are on the rebound.
The hub, among Europe’s largest, marked progress on several fronts as it reported strong quarterly results over the peak summer season and predicted a full recovery next year from the Covid-19 shock.