The UK government has said throughout the pandemic that it was working in partnership with the air transport industry on when and how to re-open international travel. But airlines and airports appear to have reached the end of their patience with talks that are leading nowhere, and some are looking to a legal remedy.
Bamboo Airways’ European expansion ambitions have taken a step forward after the Vietnamese carrier was granted takeoff and landing slots at London Heathrow (LHR) to operate six flights per week from May.
London Heathrow Airport is hopeful that a combination of the UK’s successful COVID-19 vaccine roll-out and its hosting of a G7 summit in June will be catalysts for restoring air services at the hub airport.
Heathrow Airport Limited (HAL) is seeking to recover around £1.7 billion ($2.2 billion) in lost COVID-19 revenues through changes to its regulated charging structure, triggering a UK Civil Aviation Authority (CAA) call for industry feedback that will run until Nov. 5.
COVID-19 coronavirus-related disruption and flight cancellations could have a mid-single-digit impact on 2020 earnings for the most exposed European airports, Royal Bank of Canada analysts said in a research note.