Stansted had lowest number of passengers for 23 years in…

stansted-had-lowest-number-of-passengers-for-23-years-in…

Stansted had lowest number of passengers for 23 years in…

Stansted had lowest number of passengers for 23 years in 2021
2022-01-24 13:05:00
Stansted Airport handled just 7.1 million passengers in 2021, which is just 25% of the number in 2019.  The 2021 number is the lowest since 1998, reflecting the dramatic reduction in air travel caused by Covid.  In 2020 it handled 7.54 million passengers (73% lower than the 28.12 million in 2019).  Stansted Airport Watch says both outbound and inbound tourism declined, due to Covid.  But this decline in outward-bound tourism has had the effect of increasing the amount spent in the UK – not taken abroad on leisure trips. There was a favourable impact on the balance of payments of £26 billion in 2020, and a similar figure is expected in 2021.  As well as online purchases, people swapped home improvements and furnishings, as well as staycations, for trips abroad. This helps explain why UK GDP is now even higher than before the pandemic, and employment levels are also at a record high.  It is also reported that VAT receipts are well ahead of expectations.  This may be because there is no VAT on air travel but spending on home improvements, furnishings and staycations are all subject to VAT. While leisure demand will largely return, it is likely business air travel will never recover to 2019 levels.  .Tweet STANSTED REPORTS LOWEST PASSENGER NUMBERS FOR 23 YEARS  Reduction in business travel could be permanent   24.1.2022 (Stansted Airport Watch) Stansted Airport handled just 7.1 million passengers in 2021, the lowest number since 1998, reflecting the dramatic reduction in air travel caused by the Covid-19 pandemic. (Note 1) Prior to the pandemic (2019) Stansted handled 28.1 million passengers, four times as many as last year. Stansted is not, of course, alone in seeing a huge reduction in passenger numbers over the past two years. All UK airports have been affected to a similar extent as international air travel – for both business and leisure – has been decimated. Figures released by the Office of National Statistics (ONS) show that both outbound and inbound tourism hav

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