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Statement on the impact of Coronavirus on the aviation sector

Posted on in News

Commenting on the impact of Coronavirus on the aviation sector, a Heathrow spokesperson said:

“The impact of Coronavirus is a significant challenge for the global aviation industry including Heathrow and our colleagues, airlines, suppliers and fellow airports. We are taking immediate steps to safeguard the financial resilience of our business including the protection of jobs, whilst providing relief to our airline partners and wider industry colleagues. This is a quickly evolving situation and we stand ready to take any further and necessary measures to support our colleagues and industry partners as this situation develops.”

Immediate steps to safeguard the financial resilience of our business include:

  • Pushing for the slot coordinator to suspend the 80:20 slot rules up until May to enable airlines to ground aircraft without being penalised
  • Waiving aircraft parking fees which will allow airlines to hold grounded aircraft at Heathrow free of charge
  • Cancelling executive pay and freezing recruitment over the coming months
  • Maintaining a commitment to the 30 day prompt payment code with Heathrow’s direct supply chain
  • Encouraging the airport’s direct supply chain to also maintain their payment terms – an important measure to protect small businesses