Airports have been heavily impacted by the coronavirus pandemic, with airlines stopping or significantly reducing their flights in the wake of lockdowns and travel restrictions to contain Covid-19.
"We think it will take three to four years for Gatwick to come back to 2019 passenger volume levels," Stewart Wingate, chief executive officer of Gatwick, told CNBC's Steve Sedgwick Monday.in the nine months to the end of 2019, an increase of 0.3% from the same period the year before.
The airport has also been under pressure after two big airlines announced plans to reduce or review their presence at Gatwick due to the current crisis.
that it expects a loss of between £185 million and £205 million in the first six months of its fiscal year due to the pandemic. The final numbers will be disclosed later this month. "I think it is too soon to start talking about opportunities that will come out of this, but of course as we see that we progress through the summer and we see demand growing again there will be plenty of opportunities down the line," Lundgren said about potential expansion plans for the business.
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