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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.
 
END
 
 
UPDEFLBFBELLBBK
Date   Source Headline
6th Nov 20153:43 pmRNSPublication of Supplement to Base Prospectus
28th Oct 20157:00 amRNSResults for nine months ended 30 September 2015
12th Oct 20157:00 amRNSBusiness and traffic commentary September 2015
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11th Aug 20157:00 amRNSTraffic and business commentary July 2015
24th Jul 20157:00 amRNSHeathrow Half Year Financial Results
23rd Jul 20157:00 amRNSNotice of Results on Friday 24 July 2015
13th Jul 20157:00 amRNSTraffic and business commentary June 2015
1st Jul 20157:06 amRNSAirports Commission recommends Heathrow
26th Jun 20157:00 amRNSPublication of Investor Report
11th Jun 20157:00 amRNSTraffic and business commentary May 2015
1st Jun 20157:00 amRNSHeathrow welcomes new Chief Financial Officer
26th May 20151:50 pmRNSPublication of Final Terms
12th May 20155:34 pmRNSHeathrow places CAD500 million 10 year bond
11th May 20157:00 amRNSTraffic and business commentary April 2015
24th Apr 20157:01 amRNS1st Quarter Results
15th Apr 201511:15 amRNSNotice of Results
13th Apr 20157:00 amRNSTraffic and business commentary March 2015
13th Mar 20154:35 pmRNSPublication of Prospectus Supplement
11th Mar 20157:00 amRNSHeathrow traffic figures February 2015
23rd Feb 20157:00 amRNSFinal Results
12th Feb 20158:30 amRNSHeathrow appoints Chief Financial Officer
11th Feb 20154:31 pmRNSPublication of Final Terms
11th Feb 20157:00 amRNSTraffic and business commentary January 2015
10th Feb 20154:03 pmRNSStabilisation Notice
5th Feb 20157:30 amRNSNotice of Results
3rd Feb 20153:28 pmRNSHeathrow places EUR750 million 15 year bond
3rd Feb 20158:27 amRNSPre Stabilisation Notice
12th Jan 20157:00 amRNSTraffic and business commentary December 2014
18th Dec 20149:44 amRNSSale of Aberdeen, Glasgow and Southampton complete
16th Dec 20144:00 pmRNSPublication of Prospectus
16th Dec 20144:00 pmRNSHalf year unaudited financial results
12th Dec 20147:00 amRNSPublication of Investor Report
11th Dec 20147:00 amRNSHeathrow traffic and business commentary Nov 2014
5th Dec 201410:00 amRNSDates for Investor Report and Full Year Results
11th Nov 20147:00 amRNSHeathrow traffic and business commentary October
3rd Nov 20147:00 amRNSRevolving credit & liquidity facilities refinanced
29th Oct 20147:00 amRNSResults for nine months ended 30 September 2014
16th Oct 20142:57 pmRNSSale of Aberdeen, Glasgow and Southampton Airports
16th Oct 20147:00 amRNSPublication of Documents Incorporated by Reference
16th Oct 20147:00 amRNSPublication of Heathrow Finance plc Prospectus
14th Oct 20149:35 amRNSNotice of Results on Wednesday 29 October 2014
13th Oct 20147:00 amRNSHeathrow traffic and business commentary September
8th Oct 20147:04 amRNSHeathrow Finance plc places £250 million bond
1st Oct 20147:02 amRNSHeathrow Chief Financial Officer to stand down
11th Sep 20147:00 amRNSHeathrow traffic and business commentary August 20
27th Aug 20147:00 amRNSFinal Terms
11th Aug 20147:01 amRNSHeathrow traffic and business commentary July 2014
6th Aug 201412:01 pmRNSFinal Terms
29th Jul 20142:11 pmRNSFinal Terms Omnibus

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