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Pin to quick picksHeathrow6.45% S Regulatory News (88BX)

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Business and traffic commentary April 2021

11 May 2021 07:00

RNS Number : 1494Y
Heathrow
11 May 2021
 

Heathrow calls for significant expansion of "green" countries and a list of countries expected to be open for summer holidays

 

· Heathrow lost 6.2 million passengers in April, down 92.1%, compared to pre-pandemic 2019 figures, following over a year of restrictions on non-essential travel.

 

· Whilst we welcome the lifting of the travel ban from 17th May, the green list is overly cautious, given the other controls in place on passengers travelling from low risk countries. The next review in 3 weeks' time should bring a significant expansion to the list of "green" countries, including the United States, to increase trade, reunite friends and families with their loved ones. Government should help people plan ahead by publishing a list of countries expected to be on the green list for the summer holidays so that passengers are not faced with high prices for last minute bookings.

 

· The rapid progress on vaccination and increased confidence in its effectiveness against variants of concern should allow a significant simplification of the "traffic light" system at the end of June, including allowing fully vaccinated people to travel without restrictions.

 

· We welcome government plans to automate border checks, but until they have been implemented, Ministers should ensure that every desk is staffed at peak times to avoid unacceptable queue times in immigration.

 

· Fewer passenger flights are severely impacting the UK's supply chain and British exporters, with only 116,000 metric tonnes of cargo travelled through Heathrow last month, compared to over 132,000 in April 2019, down 12%. Reopening critical trading routes such as the United States will enable exporters to reconnect with key global networks and unlock billions of pounds worth of trade and exports.

 

Heathrow CEO, John Holland-Kaye, said: "The Government's green list is very welcome, but they need to expand it massively in the next few weeks to include other low risk markets such as the United States, and remove the need for fully vaccinated passengers to take two expensive PCR tests. Border Force's claims that "long queues in immigration are inevitable" smack of complacency - they are completely avoidable if Ministers ensure that all desks are staffed at peak times."

 

Traffic Summary

April 2021

Terminal Passengers(000s)

Apr 2021

% Change

Jan toApr 2021

% Change

May 2020 toApr 2021

% Change

Market

UK

62

541.7

228

-75.3

764

-82.2

EU

173

158.8

618

-86.7

4,021

-83.2

Non-EU Europe

54

628.7

180

-83.4

876

-82.4

Africa

54

681.9

245

-69.1

601

-80.7

North America

63

132.6

244

-92.5

862

-94.8

Latin America

6

52.8

27

-91.3

148

-88.0

Middle East

37

0.4

292

-82.3

1,100

-84.2

Asia / Pacific

87

82.6

382

-82.6

1,098

-88.9

Total

536

159.8

2,216

-85.1

9,472

-86.7

Air Transport Movements

Apr 2021

% Change

Jan toApr 2021

% Change

May 2020 toApr 2021

% Change

Market

UK

773

215.5

2,893

-68.1

8,993

-76.1

EU

2,537

67.2

8,672

-79.9

47,851

-74.2

Non-EU Europe

638

211.2

2,215

-77.3

9,389

-75.8

Africa

551

344.4

2,298

-36.7

6,124

-55.1

North America

2,469

95.5

8,775

-53.2

24,730

-67.4

Latin America

97

169.4

417

-70.9

1,944

-64.1

Middle East

1,086

89.2

4,498

-40.1

13,625

-51.6

Asia / Pacific

1,722

90.5

6,887

-34.7

20,891

-50.4

Total

9,873

103.3

36,655

-64.7

133,547

-68.7

Cargo(Metric Tonnes)

Apr 2021

% Change

Jan toApr 2021

% Change

May 2020 toApr 2021

% Change

Market

UK

6

313.9

62

-56.4

163

-69.7

EU

10,333

206.8

39,465

77.8

93,367

9.0

Non-EU Europe

5,604

267.6

22,509

121.8

58,420

20.6

Africa

6,535

261.2

29,154

32.7

76,371

-7.9

North America

41,510

106.8

145,292

-2.4

382,994

-25.3

Latin America

1,153

302.6

4,383

-61.9

26,650

-43.5

Middle East

18,702

94.1

71,532

6.2

215,796

-12.0

Asia / Pacific

32,254

126.3

119,643

18.1

336,376

-18.0

Total

116,096

127.9

432,041

12.6

1,190,137

-16.9

 

 

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END
 
 
UPDAMMMTMTMBTPB
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1st Mar 20197:00 amRNSNOTICE OF RESULT OF CONSENT SOLICITATION
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28th Feb 20192:33 pmRNSRedemption of Heathrow Finance 2019 Notes
21st Feb 20197:00 amRNSResults for the 12 months ended 31 December 2018
13th Feb 20199:37 amRNSAppointment of Auditor
11th Feb 20197:01 amRNSBusiness and traffic commentary January 2019
5th Feb 20194:17 pmRNSCommencement of the Decision Period
31st Jan 20199:00 amRNSNotice of Results
28th Jan 20195:06 pmRNSConsent Soclicitation - Heathrow Finance plc
28th Jan 20195:06 pmRNSRedemption of Heathrow Finance 2019 Notes
28th Jan 20195:00 pmRNSConsent Solicitation - Heathrow Funding Limited
11th Jan 20197:01 amRNSBusiness and traffic commentary December 2018
20th Dec 20187:00 amRNSPublication of December 2018 Investor Report
18th Dec 20187:00 amRNSPublication of Investor Report
11th Dec 20187:01 amRNSBusiness and traffic commentary November 2018
12th Nov 20187:17 amRNSBusiness and traffic commentary October 2018
6th Nov 201812:31 pmRNSPublication of a Prospectus
1st Nov 20187:00 amRNSIssue of Debt
31st Oct 20189:06 amRNSOffer by Heathrow Finance
26th Oct 20187:00 amRNS3rd Quarter Results
23rd Oct 20183:09 pmRNSNotice of Results
17th Oct 201810:18 amRNSHeathrow and EDC sign £200m 10-year loan facility
12th Oct 20189:45 amRNSPublication of Final Terms
11th Oct 20187:00 amRNSBusiness and traffic commentary September 2018
5th Oct 201810:05 amRNSDebut AUD Heathrow Bond Issue
4th Oct 20188:07 amRNSHeathrow 2018 Investor Events
1st Oct 20182:37 pmRNSPublication of Final Terms
11th Sep 20187:00 amRNSBusiness and traffic commentary August 2018
31st Aug 20189:46 amRNSPublication of Final Terms
23rd Aug 201811:01 amRNSNew Heathrow Bond Issue
10th Aug 20182:37 pmRNSPublication of Documents Incorporated by Reference

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