The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.

Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for Heathrow6.45% S (88BX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 105.875
Bid: 103.25
Ask: 108.50
Change: 0.00 (0.00%)
Spread: 5.25 (5.085%)
Open: 106.25
High: 106.25
Low: 105.875
Prev. Close: 105.875
88BX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Business and traffic commentary April

11 May 2020 07:00

RNS Number : 4502M
Heathrow
11 May 2020
 

 

 

 

07.00 11th May 2020

 

Heathrow calls for quarantine exit plan to help reboot the UK economy

 

· Passenger numbers were down 97% in April with the airport supporting essential travel for just 200,000 people in the entire month - the same number it would typically serve in just one day. Many of those passengers were on board the 218 charted repatriation flights that landed at Heathrow. Demand is expected to remain weak until governments lift lockdowns.

 

· A total of 1,788 cargo only flights operated from Heathrow in April, helping to bring in critical supplies of PPE. The busiest day was 30th April, with 95 dedicated cargo movements - 14 times the usual daily average pre-COVID. Even so, cargo volumes at Britain's biggest port were down over 60%.

 

· The airport supports Government's aim of avoiding a second wave of infection, even though the 14-day quarantine plan will effectively close borders temporarily. It is likely that few passenger flights will operate and even less people will travel until the quarantine is lifted.

 

· Without long haul passenger flights, there will be very limited trade as 40% of UK exports and inward supply chain travels in the cargo holds of passenger planes from Heathrow. Until people can fly freely again, industries in all corners of the country will remain stagnant.

 

· Heathrow calls on Government to lay out a road map for how borders can eventually be reopened and to take a lead in developing a Common International Standard so that passengers can travel freely between low risk countries once the infection rate has been brought down.

 

Heathrow CEO John Holland-Kaye said:

 

"Aviation is the lifeblood of this country's economy, and until we get Britain flying again, UK business will be stuck in third gear. The Government needs to urgently lay out a roadmap for how they will reopen borders once the disease has been beaten, and to take an immediate lead in agreeing a Common International Standard for health in aviation that will allow passengers who don't have the infection to travel freely."

 

 

 

 

 

 

Traffic Summary

 

 

 

April 2020

 

Terminal Passengers(000s)

Apr 2020

% Change

Jan toApr 2020

% Change

May 2019 toApr 2020

% Change

Market

UK

10

-97.7

923

-36.7

4,306

-9.4

EU

67

-97.1

4,649

-43.4

23,897

-13.8

Non-EU Europe

7

-98.5

1,087

-40.0

4,968

-13.1

Africa

7

-97.7

792

-33.5

3,115

-9.4

North America

27

-98.3

3,244

-39.9

16,683

-9.4

Latin America

4

-96.4

310

-31.9

1,237

-9.9

Middle East

37

-94.6

1,654

-32.4

6,959

-8.1

Asia / Pacific

48

-94.9

2,195

-41.7

9,839

-15.1

Total

206

-97.0

14,854

-39.9

71,003

-11.9

 

Air Transport Movements

 Apr 2020

% Change

Jan toApr 2020

% Change

May 2019 toApr 2020

% Change

Market

UK

245

-93.3

9,061

-25.0

37,703

-1.2

EU

1,517

-91.5

43,152

-35.7

185,303

-12.8

Non-EU Europe

205

-94.2

9,754

-33.1

38,725

-11.6

Africa

124

-90.4

3,632

-30.6

13,625

-8.4

North America

1,263

-82.0

18,739

-28.5

75,952

-8.4

Latin America

36

-92.7

1,435

-28.9

5,422

-11.3

Middle East

574

-76.6

7,509

-24.3

28,167

-7.4

Asia / Pacific

904

-76.7

10,552

-33.1

41,841

-12.0

Total

4,868

-87.9

103,834

-32.1

426,738

-10.4

 

Cargo(Metric Tonnes)

Apr 2020

% Change

Jan toApr 2020

% Change

May 2019 toApr 2020

% Change

Market

UK

1

-96.8

143

-25.7

537

-30.7

EU

3,368

-57.4

22,194

-28.3

85,621

-16.9

Non-EU Europe

1,525

-64.8

10,147

-45.7

48,452

-17.8

Africa

1,809

-78.6

21,967

-32.1

82,934

-11.5

North America

20,072

-57.3

148,931

-25.9

512,969

-15.8

Latin America

286

-94.1

11,502

-38.6

47,145

-14.3

Middle East

9,635

-53.5

67,373

-17.2

245,119

-4.0

Asia / Pacific

14,252

-63.9

101,303

-35.8

407,097

-19.6

Total

50,949

-61.7

383,560

-29.1

1,429,874

-15.0

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
 
END
 
 
UPDEFLBFBELLBBK
Date   Source Headline
23rd Feb 20237:00 amRNSHeathrow SP Limited - FY 2022 Results
13th Feb 20234:55 pmRNSNotice of Results
13th Feb 20237:00 amRNSBusiness and traffic commentary Jan 2023
2nd Feb 20239:00 amRNSAnnouncement on CEO of Heathrow
11th Jan 20237:00 amRNSBusiness and traffic commentary Dec 2022
16th Dec 20227:00 amRNSPublication of December 2022 Investor Report
12th Dec 20227:00 amRNSBusiness and traffic commentary Nov 2022
25th Nov 20222:58 pmRNSDocuments Incorporated by Reference
25th Nov 20222:51 pmRNSPublication of a Prospectus
11th Nov 20227:00 amRNSBusiness and traffic commentary Oct 2022
26th Oct 20227:00 amRNS3rd Quarter Results
18th Oct 20227:00 amRNSNotice of Results
11th Oct 20227:25 amRNSBusiness and traffic commentary September 2022
12th Sep 20227:00 amRNSBusiness and traffic commentary August 2022
30th Aug 20223:27 pmRNSInterest Step-Up Termination Notice
15th Aug 20223:49 pmRNSCapacity Cap Extension
11th Aug 20227:00 amRNSBusiness and traffic commentary July 2022
9th Aug 20222:25 pmRNSPublication of Final Terms
26th Jul 20224:00 pmRNSDocuments incorporated by reference
26th Jul 20223:43 pmRNSPublication of Suppl.Prospcts
26th Jul 20227:00 amRNSHalf Year Results
12th Jul 202210:53 amRNSHeathrow imposes capacity cap until 11 Sept
12th Jul 20227:00 amRNSNotice of Results
11th Jul 20227:00 amRNSBusiness and traffic commentary June 2022
28th Jun 20227:08 amRNSHeathrow comment on CAA's H7 Final Proposal
23rd Jun 20227:00 amRNSPublication of Investor Report
13th Jun 20227:00 amRNSBusiness and traffic commentary May 2022
27th May 20224:00 pmRNSPublication of Final Terms
12th May 20229:13 amRNSDocuments Incorporated by reference
12th May 20229:13 amRNSPublication of Suppl.Prospcts
10th May 20227:00 amRNSBusiness and traffic commentary April 2022
26th Apr 20227:00 amRNS1st Quarter Results
11th Apr 20225:00 pmRNSNotice of Results
11th Apr 20227:00 amRNSBusiness and traffic commentary March 2022
6th Apr 20229:00 amRNSHeathrow appoints Mark Brooker to its Board
11th Mar 20227:00 amRNSBusiness and traffic commentary February 2022
24th Feb 20225:22 pmRNSHeathrow Funding Ltd credit ratings update
23rd Feb 20227:00 amRNSHeathrow SP Limited - FY2021 results
11th Feb 20227:00 amRNSBusiness and traffic commentary Feb 2022
28th Jan 20227:08 amRNSPublication of Investor Report Update
11th Jan 20227:00 amRNSBusiness and traffic commentary December 2021
16th Dec 20217:05 amRNSResponse to CAA's statement re 2022 airport charge
13th Dec 20213:47 pmRNSBorrower Loan Amendments - LIBOR Transition
10th Dec 20217:00 amRNSPublication of Investor Report
10th Dec 20217:00 amRNSBusiness and traffic commentary November 2021
11th Nov 20217:00 amRNSBusiness and traffic commentary October 2021
26th Oct 20217:00 amRNS3rd Quarter Results
18th Oct 20215:19 pmRNSNotice of Results
11th Oct 20217:00 amRNSBusiness and traffic commentary September 2021
8th Oct 20215:19 pmRNSPublication of Final Terms

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.