London City Airport expecting “a strong recovery” in 2022
Whilst acknowledging that tough times continue for aviation, London City Airport (LCY) today revealed that it is expects to experience “a strong recovery” this year.
Its optimism is based on “pent up passenger demand”, which it expects to trigger a surge in growth in 2022, along with the reintroduction of three quarters of its pre-COVID route network, including services to its most popular destinations.
The prediction follows the announcement of a busy summer schedule for British Airways, the airport’s biggest customer, and the easing of COVID restrictions, which are helping to fuel a return to business and leisure travel.
Airport CEO, Robert Sinclair said: “At the start of the pandemic we made a conscious decision to work with and support our airlines, as we recognised they were facing the same challenges as we were. Investing in these relationships in the hard times has facilitated what we believe will be a strong bounce back starting with a really exciting summer schedule from London City.
“While we are not out the woods yet, the signs from governments in the UK and across Europe are that we are learning to live with COVID.
“I am optimistic that the restrictions that remain today, particularly for vaccinated passengers, will be eased and in time, removed altogether so we can return to the simple and affordable ways of flying before the pandemic.
“London City will be a huge asset for London in the years ahead and we look forward to welcoming more passengers and building relationships with new airlines so we can connect the capital to more destinations and opportunities across the world.”
Flights to Milan, one of the airport’s top performing routes, and which alone carried 275,000 passengers from the centre of London to the centre of Milan in 2019, will be reinstated this year.
Barcelona will return to the London City network for the first time in almost a decade, while new routes such as Thessaloniki join established summer favourites like Split, Mykonos and Faro.
The upturn in confidence at the airport reflects the easing of travel restrictions and the proactive role LCY has played to work with and support its airline partners as the industry looks to bounce back from the worst of the pandemic.
The impact of COVID-19 can be seen in the airport’s 2021 results. A total of 714,000 passengers used LCY last year, down 21% on 2020 and 86% on 2019. However, in the first six months of the year, when extensive global travel restrictions were in place, the airport handled only 75,184 passengers. In the last six months, as restrictions were eased, 638,785 passengers used the airport and very strong month on month growth was achieved.
According to LCY there were other positive trends for the airport in 2021, with business travel back strongly on all domestic routes, with Edinburgh the best performer.
Internationally, Amsterdam was the airport’s strongest route, with KLM growing to four rotations per day in the autumn, with high passenger load factors. Other key business routes have included Zurich and Geneva, operated by SWISS and Frankfurt, operated by Lufthansa.
In October and November last year, business travel accounted for over 46% of all LCY journeys, which was the total year average in 2019. Between late September and late November, over 30,000 passengers used the airport each week, peaking at 37,000 in late October. The announcement of additional testing and self-isolation requirements by Government to combat the Omicron variant saw passenger demand fall by 40% in December.
Business traffic will be further strengthened in 2022 with British Airways moving the majority of its Luxembourg traffic to LCY, to complement the five daily flights soon to be offered by Luxair.
Commenting on LCY’s performance in 2021, Sinclair noted: “Last year was certainly tough for everyone. However, despite predictions from some to the contrary, we did see the emergence of positive business travel trends, which we believe will continue in 2022 and will be so critical for the economic recovery of London and the UK more widely.”