LONDON, (Reuters) – The boss of British Airways’ owner IAG (LON), stated Monday that its transatlantic bookings have already reached almost 100% of 2019, after the United States lifted restrictions earlier in the month.

Virgin Atlantic and BA Airlines had placed great hope in the reopening the Europe to America routes. This was after they were left with billions of dollars debt.

Luis Gallego stated that Airlines UK was in recovery and said that he expects a return of pre-pandemic levels to be achieved by 2023.

He said, “Now the world is open up, and we are increasing our capacity.” “Transatlantic bookings already exceed 100% in 2019” “I expect North Atlantic routes will reach their full capacity next summer.

Gallego cautioned however, that London’s Heathrow Airport could raise charges and that 40% of those who transit to other destinations may use alternate hubs.

Heathrow could be charged up to half the price per person by 2022-2027, according to UK Civil Aviation Authority.

“If the rise in landing charges goes ahead, I know IAG would not be alone in reconsidering our airlines’ use of Heathrow as a port,” he said. Aviation is currently trying to overcome its greatest crisis. UK operators must compete.