Does Heathrow Airport have money problems? Thats a question I have to ask considering the statement they put out the other day concerning the future. What ha led to Heathrows money woes is the fact that passenger levels have reduced to a level not seen since the 1970’s which I can assure you is a MASSIVE drop.
They say they have enough funding to carry on going until 2023 and then Heathrows money problems will become terminal after that point. The hope is that we see a position where Rish Sunak the Chancellor of the exchequer in his budget will announce stimulus to keep Heathrow Airport and all the others going. Although they have had a few million pounds in grants made available to them this is simply not enough as will get quickly eaten up in aircraft operation costs.