Airports poised to limit summer bookings after chaos over flights
Evening Standard|June 06, 2022
HEATHROW is poised to slash customer bookings by up to a third as it attempts to take decisive action over recent overcrowding and flight cancellations due to staff shortages - and other UK airports are set to follow suit.
Mark Banham
Airports poised to limit summer bookings after chaos over flights

The cutbacks on flights and bookings could hit share prices at carriers using UK airports as they negotiate with the hubs to try to wrest control of the passenger problem. There has been a rush to book holidays following the easing of coronavirus restrictions.

Shares in most major airlines held steady on opening of trading this morning, but in the past month easyJet shares have tumbled by up to 10% with TUI down 22%, Wizz Air down 11%, Jet2 down 9% and IAG shares down 15%.

A spokesperson for London Heathrow, said: "Passenger numbers are higher now than at any time since the start of the pandemic - and growing.

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