Gatwick Airport has published its annual results for 2020 with renewed optimism for international travel to return in Summer 2021.

Despite an encouraging start to 2020 passenger numbers at Gatwick fell 78% in the year ended 31 December, due to Covid-19.

Collapse in passenger demand led to a £465.5m loss for the twelve-month period. The airport remained open throughout the pandemic

A reduction in expenditure and a £300m loan meant that Gatwick was able to meet its operating cash flows, planned investment levels and interest payments for 2021.