LONDON (Reuters) – London’s Heathrow Airport, traditionally the busiest in Europe, said passenger numbers were expected to be down by around 97% in April and they were likely to remain weak until governments fighting the coronavirus outbreak deem it safe to travel.
For the first quarter, revenue fell 12.7% to 593 million pounds ($745 million) and adjusted EBITDA fell by 22.4% to 315 million pounds.
Heathrow said it had 3.2 billion pounds in liquidity,sufficient to maintain the business at least over the next 12 months, even with no passengers.
($1 = 0.7962 pounds)
(Reporting by Kate Holton; Editing by William Schomberg)