The airport in London Docklands serving the financial communities of the Square Mile and Canary Wharf says that it is ready for take-off this year after its biggest tenant, British Airways, announced an ambitious reboot this summer.
Virgin Atlantic owners Sir Richard Branson and Delta have pumped another £400m into the struggling carrier, as the spread of the Omicron variant and growing travel restrictions spread gloom around airline investors.
Heathrow has said passenger numbers were 60% lower in November than before the coronavirus pandemic and there were “high cancellations” among business travellers concerned about being trapped overseas for Christmas as Omicron spreads.
BA is expected to announce plans for the new “Euroflyer” operation shortly. Details are sketchy, but it is likely to be based on the model followed by BA’s CityFlyer subsidiary, which runs in and out of London City Airport.