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

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Business and traffic commentary February 2019

15 Mar 2019 07:01

RNS Number : 9507S
Heathrow
15 March 2019
 

 

 

 

07.00 15th March 2019

 

Record number of passengers hit Heathrow's runway for London Fashion Week

 

 

§ Heathrow welcomed 5.48 million passengers in 28 days, securing the airport's 28th consecutive record month for passenger growth (+1.7% vs February 2018). February's result has been boosted by London Fashion Week which showcased over 100 fashion-led businesses leading in creativity and innovation with visitors from 49 countries.

 

§ North America and Africa were the most popular destinations and best performing, up 8.4% and 8.8% respectively. Additional Delta and Virgin flights to and from New York, another of the world's fashion capitals, also assisted with the increase.

 

§ Heathrow best performing for cargo in comparison to other major European hubs. More than 128,000 metric tonnes of cargo, equivalent to an estimated 62.7 million Vogue magazines, travelled through Heathrow on the way to global destinations. Increase in aircraft traveling to Latin America helped make it the best performing market for cargo - up 17.5% on February 2018 results - with the bulk of freight traveling under passengers' feet.

 

§ More than 20,000 responses were received during Heathrow's 8-week Airspace and Future Operations consultation launched in January. The Consultation, which closed March 4, gave local communities the opportunity to help shape the airport's plans for its future airspace - both for the existing two runways and as part of the proposed expansion.

 

§ Heathrow announced a landmark deal on airport charges. The new arrangement which would extend current regulatory settlement to 2021, includes an incentive for airlines to grow passenger numbers, heralding a new phase of airport and airline commercial cooperation supporting growth at Heathrow.

 

§ The airport welcomed Stacey Dooley MBE and five aspiring students from across the UK for work experience in roles including engineering, passenger service, construction and safety for a BBC series called 'The Nine to Five with Stacey Dooley'. The show launched on BBC iPlayer. Over 5,600 young people, parents and teachers sought career advice from 81 companies at the annual Heathrow Jobs and Careers Fair.

 

§ British Airways celebrated 100 years with classic BOAC livery designs landing throughout the month.

 

 

 

 

Heathrow CEO John Holland-Kaye said:

 

"Heathrow is the UK's gateway to the world and we are proud to welcome the best global talent through our front doors for events such as London Fashion Week. As the UK prepares to leave the EU, our doors will remain firmly open, connecting more of the world's most innovative and creative talent to the best of Britain. Having now completed of one of our biggest consultations to date, expansion remains on track to drive further growth for all of the UK and its future generations."

 

 

 

-ENDS-

 

 

 

NOTES TO EDITORS:

 

 

Traffic Summary

February 2019

Terminal Passengers(000s)

Feb 2019

% Change

Jan toFeb 2019

% Change

Mar 2018 toFeb 2019

% Change

Market

UK

321

-7.7

647

-8.5

4,735

-2.1

EU

1,859

2.1

3,676

1.9

27,670

3.1

Non-EU Europe

419

-1.5

845

-1.2

5,712

0.1

Africa

274

8.8

587

9.3

3,388

6.2

North America

1,089

8.4

2,367

6.5

18,244

5.1

Latin America

106

6.8

228

6.1

1,364

4.3

Middle East

542

-4.4

1,170

-2.3

7,632

0.1

Asia / Pacific

874

-0.3

1,889

2.0

11,570

2.2

Total

5,482

1.7

11,410

1.9

80,315

2.7

Air Transport Movements

 Feb 2019

% Change

Jan toFeb 2019

% Change

Mar 2018 toFeb 2019

% Change

Market

UK

2,597

-10.9

5,353

-13.5

37,897

-6.4

EU

15,495

0.3

31,634

-0.7

212,259

-0.1

Non-EU Europe

3,474

0.9

7,114

-0.1

43,700

-2.2

Africa

1,240

9.7

2,598

9.3

14,656

2.8

North America

5,854

0.0

12,389

0.9

82,696

1.7

Latin America

478

9.6

1,008

7.8

6,067

6.3

Middle East

2,313

-2.5

4,923

-1.0

30,611

-1.9

Asia / Pacific

3,680

3.7

7,825

4.8

47,377

5.0

Total

35,131

-0.0

72,844

-0.5

475,263

0.0

Cargo(Metric Tonnes)

Feb 2019

% Change

Jan toFeb 2019

% Change

Mar 2018 toFeb 2019

% Change

Market

UK

68

-16.7

104

-39.8

848

-23.0

EU

7,015

-25.7

14,376

-24.0

106,258

-6.5

Non-EU Europe

4,641

22.5

9,269

14.1

58,299

4.5

Africa

7,764

14.4

15,241

11.6

90,257

-1.3

North America

49,615

-3.5

97,285

-1.3

605,624

-2.1

Latin America

4,317

17.5

8,537

13.1

53,373

9.5

Middle East

19,236

-0.5

39,211

-2.4

255,503

-5.3

Asia / Pacific

35,408

-8.3

74,735

-5.4

507,561

-1.3

Total

128,065

-3.8

258,756

-2.8

1,677,723

-2.1

 

 

 

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
 
 
UPDSFDFALFUSEDD
Date   Source Headline
6th Nov 20153:43 pmRNSPublication of Supplement to Base Prospectus
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11th Feb 20154:31 pmRNSPublication of Final Terms
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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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