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Heathrow cancelling executive pay and freezing recruitment

Air
James Chapple
20 March 2020

Heathrow is taking steps to “reorganise and shrink” its operation during the coronavirus crisis to ensure it can remain open.

Heathrow airport heathrow_17581307707735.jpg

Potential disruption at Heathrow looks to have been averted (Credit: Heathrow airport)

Measures include reducing operating costs, cancelling executive pay, freezing recruitment and reviewing all capital projects.


The airport revealed its cost-saving measures in a trading update issued on Friday morning (20 March).


It did not state how the spread of Covid-19 would affect its plans to expand the airport via a third runway.


“The spread of Covid-19 represents a seismic challenge for the global aviation industry – including Heathrow,” said the airport.


“Heathrow will take steps to reorganise and shrink our operation to remain open throughout this crisis.