Heathrow ‘will not make a profit in 2022’ as Covid losses exceed £4bn

The west London airport said it will remain lossmaking this year.

26 April 2022

Heathrow Airport has announced it will remain lossmaking in 2022 as “demand remains very volatile”.

The west London airport said it is not forecasting a return to profit and dividends this year despite an increase in outbound demand for travel.

Its losses during the coronavirus pandemic have now exceeded £4 billion.

Heathrow has updated its 2022 passenger forecast from 45.5 million to 52.8 million, which would represent a return to 65% of pre-pandemic levels.

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