Pandemic plunges Britain's Heathrow Airport to $2.8 billion loss

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Britain's Heathrow Airport plunged to a 2 billion pound ($2.8 billion) annual loss after passenger numbers collapsed to levels last seen in the 1970s during the pandemic.

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The airport's head said that Britain could become the first country to resume mass international travel, building on its early roll-out of coronavirus vaccinations, Bloomberg reported.

Chief Executive Officer John Holland-Kaye said Prime Minister Boris Johnson’s tentative plan to resume flights as early as May 17 gives the nation a chance to get people flying before rival economies, Bloomberg reported.

Heathrow called on the government to agree a common international travel standard to allow travel to restart in the summer and to provide tax breaks for airports to help them ride out the crisis.

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UK foreign travel curbs to stay until at least mid-May

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