Gatwick in talks with lenders amid Covid losses

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Gatwick in talks with lenders amid Covid losses
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The airport says Covid restrictions and a collapse in customer demand pushed it to a loss.

Gatwick Airport has said it is in talks with bank lenders to avoid defaulting on loans as Covid restrictions contribute to huge losses.

Gatwick urged the government to ease travel rules, warning the UK recovery was falling behind the rest of Europe.Gatwick said that a year after requesting short-term waivers on its loans, it was under pressure again and has asked banks for another extension.

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