London's Heathrow ups 2022 passenger forecast to 54.4m

LONDON’S Heathrow raised its passenger number outlook on Thursday (Jun 23), thanks to stronger than expected demand as travel picks up, saying it expects 54.4 million people to travel through the airport in 2022.

The upgrade in passenger outlook, from 53 million passengers Heathrow had forecast last month, is expected to increase its revenue and adjusted core profit for the year, it said.

However, operating costs are also expected to rise by 47 per cent to £1.2 billion (S$2.1 billion) this year partly because of red-hot inflation in utilities costs due to higher energy prices, it added. REUTERS