Heathrow Airport: 1Q2020 revenue down 13%, capacity reduced

Airport financial reports are now coming thick and fast for 1Q2020, a quarter which opened brightly for most of them but finished disastrously.

One of the latest is that of Heathrow Airport Holdings, which once had seven airports in London and the wider UK but now is reduced to operating only London Heathrow Airport - although that remains the busiest one in Europe, for now. When many regional UK airports have all but closed, Heathrow has to remain open to keep what remains of the UK economy ticking over.

Services are being rescheduled for as soon as this month, but with the airport's third runway all but written off, it is likely to come under renewed attack from the environmental lobby, having been reduced to one runway, a couple of terminals and just a few thousand passengers each day.