Heathrow Airport London, England, raised its forecast for passenger traffic trends today (June 23) after better-than-expected recovery in travel demand. The airport is expected to bring in 54.4 million passengers to the airport in 2022.
The revised forecast is up from the 53 million expected at the airport in May. This will increase revenue and core profit this year as well.
However, operating expenses are expected to rise 47 percent to 1.22 billion pounds ($1.49 billion) this year, partly driven by soaring utility inflation. due to rising energy prices
