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

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

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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.
 
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UPDEFLBFBELLBBK
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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
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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
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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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