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CEO John Holland-Kaye: Heathrow airport coming back to life after 2 years

CEO John Holland-Kaye: Heathrow airport coming back to life after 2 years

THE PASSENGER traffic at London's Heathrow Airport in March this year was the highest since the pandemic began, driven by outbound leisure travel and the removal of all Covid restrictions.

Heathrow, however, said in a statement on Monday (11) that inbound leisure and business travel had remained weak due to high levels of coronavirus in the country, and testing requirements for travellers leaving the country.

"It is fantastic to see the airport coming back to life after two years," CEO John Holland-Kaye said, after what the airport described as a very weak January and February.

Heathrow added that it was unclear whether the current surge in leisure demand was sustainable due to concerns over potential new variants, high fuel prices, low economic growth and the impact of Russia's evasion of Ukraine.

Many airports have struggled to recruit enough staff in time to meet demand in Britain and Heathrow said it was increasing resources as quickly as possible, with 12,000 new starters planned across the airport.

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Consumer confidence climbed slightly in October, with more shoppers planning big purchases ahead of Black Friday.

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Highlights

  • Consumer confidence rose two points to -17 in October.
  • More people planning big purchases, up nine points from last year.
  • UK shoppers have €30,486 spending power per person, sixth highest in Europe.

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Britons are feeling more positive about spending money as Black Friday approaches, new figures show, though many are nervous about what the upcoming budget might bring.

Consumer confidence climbed slightly in October, according to the GfK Consumer Confidence Barometer. The biggest change was in people’s willingness to buy expensive items like TVs, furniture and kitchen appliances.

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