London Gatwick Airport has served 32.8 million passengers in the fiscal year ending 31 December 2022, achieving 70.4% of 2019 traffic.
The passenger numbers increased by over 420%, from 6.3 million in 2021.
In the short-haul market, the airport’s recovery was slightly higher at 92% of flights flown pre-pandemic and serving 156 destinations in 2022.
Long-haul connectivity recovered strongly in recent months and now serves 47 long haul routes, which is 76% of the number flown pre-pandemic.
During the year, the airport registered total revenue of £776.6m, driven by the recovery in passenger traffic.
Aeronautical income for the year was £405m, while income from retail and car parking retail were £159m and £102m respectively.
The airport returned to a profit of £196.5m in 2022, after suffering £830m of losses from 2021 and the prior year.
Its earnings before interest, taxes, depreciation, and amortisation (EBITDA) were £446.3m over the year.
London Gatwick Airport chief executive officer Stewart Wingate said: “The decisive actions we took early last year allowed us to offer good levels of service to passengers who travelled through Gatwick.
“This year we will have even more choice of airlines and destinations for travellers, whether flying for business or leisure.”
The airport plans to invest more than £250m in reducing carbon emissions and plans to achieve net zero for its scope 1 and 2 carbon emissions, by 2030, which is ten years ahead of its previous commitment.
Wingate added: “This year we are pushing forward with a number of projects to improve resilience and the overall passenger experience, including preparing our planning application to bring the existing Northern Runway into routine use.
“Central to this is our commitment for our business to be net zero for scope 1 and 2 by 2030. The aviation industry is addressing the challenges, and we are working closely with our stakeholders to ensure we create a sustainable airport for the future.”