HomeNewsWorldHeathrow Airport sees April passenger numbers down 97%

Heathrow Airport sees April passenger numbers down 97%

For the first quarter, revenue fell 12.7% to 593 million pounds ($745 million) and adjusted EBITDA fell by 22.4% to 315 million pounds.

May 01, 2020 / 12:26 IST
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London's Heathrow Airport, traditionally the busiest in Europe, said passenger numbers were expected to be down by around 97% in April and they were likely to remain weak until governments fighting the coronavirus outbreak deem it safe to travel.

For the first quarter, revenue fell 12.7% to 593 million pounds ($745 million) and adjusted EBITDA fell by 22.4% to 315 million pounds.

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Heathrow said it had 3.2 billion pounds in liquidity,sufficient to maintain the business at least over the next 12 months, even with no passengers.

first published: May 1, 2020 12:18 pm

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