UK airports to suffer £4bn hit due to coronavirus

UK airports will suffer a £4 billion hit from lost revenue this year due to the coronavirus pandemic, an industry body has warned.

The Airport Operators Association (AOA) said nearly £2bn was lost in the four-month period between March and June alone, which is equivalent to around £15 million each day.

It anticipates that the finances of its members will continue to suffer throughout the rest of the year, putting up to 110,000 jobs at risk at airports and their supply chains.