Commenting on the impact of the COVID-19 pandemic on UK airports, Chief Executive of the Airport Operators Association Karen Dee said:
“Governments across the world are supporting their national aviation industries, as many parts of the global travel industry have come to a halt. As some airlines call on the UK Government to act similarly, we are clear that airports will shut down in weeks unless urgent action is taken to support the industry.
The association is calling on the Government to bring in emergency financing as a measure of last resort, require banks to temporarily not enforce financial performance-based banking covenants and to suspend business rates and other government and local government rates and taxes on airports
“The UK’s airports are critical national infrastructure, fulfilling a vital public service, and are on the frontline of the COVID-19 outbreak. It is essential that airport businesses remain operating and are able to weather this storm, so that they can provide the connectivity which drives growth, employment and prosperity after the crisis has abated.
“With travel bans proliferating and passengers being unwilling to fly, traffic through airports has plummeted. UK airports are taking immediate and drastic action to cut costs and are scaling back investments in light of the situation. Due to the fixed costs of operating airports, the Government will need to provide additional support.
“The Government must step in to see airports across the four home nations through the current crisis, and make an unequivocal commitment to doing whatever it takes to sustain the UK aviation industry.