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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 February 2020

11 Mar 2020 07:00

RNS Number : 6879F
Heathrow
11 March 2020
 

 

 

 

07.00 11th March 2020

 

Heathrow passenger numbers fall as Coronavirus impacts travel

 

 

§ Passenger numbers fall to 5.4 million, down -4.8% on last year after adjusting for the extra leap day, due to lower demand on Asian and European routes. Demand has continued to weaken going into March and Heathrow expects a further year-on-year decrease in coming weeks.

 

§ Regular deep cleaning introduced across all terminals as well as increased availability and provision of hand sanitisers. Dedicated Public Health England (PHE) team remains in place at the airport, implementing clinically-informed, evidence-driven processes to support passengers showing symptoms of the virus. Current processes include an early warning system allowing airline crew to report any illness on board flights ahead of landing.

 

§ In February, the airport saw over 115,800 metric tonnes of cargo pass through its doors, down 9.5%, as the effect of coronavirus was felt on global trade.

 

§ The UK aviation industry committed to net zero carbon emissions by 2050, in line with UK Government targets. Heathrow became one of the world's first major aviation hubs to become carbon neutral for its infrastructure, and published its own pathway to help the industry achieve the net zero 2050 goal as soon as possible.

 

§ The Court of Appeal found the NPS process followed by Government failed to take into account the Paris Agreement, and the NPS has been suspended pending either a successful appeal to the Supreme Court or the government addressing the procedural issue with the NPS. Heathrow expansion remains the only option to deliver the government's vision of a Global Britain and is widely supported locally and nationally

 

 

 Heathrow CEO John Holland-Kaye said:

 

"The threat of Coronavirus is an increasing challenge for the UK and we are working day and night to ensure Britain's front door is open and safe for our people and passengers. We will continue to work with the Government to limit the impacts this will have on UK plc."

 

 

 

Traffic Summary

 

February 2020

 

Terminal Passengers(000s)

Feb 2020

% Change

Jan toFeb 2020

% Change

Mar 2019 toFeb 2020

% Change

Market

UK

347

8.2

707

9.2

4,900

3.5

EU

1,829

-1.6

3,707

0.8

27,492

-0.6

Non-EU Europe

425

1.5

863

2.0

5,711

-0.0

Africa

279

1.8

595

1.4

3,523

4.0

North America

1,168

7.3

2,506

5.9

18,974

4.0

Latin America

103

-2.5

220

-3.2

1,375

0.8

Middle East

589

8.7

1,266

8.1

7,846

2.8

Asia / Pacific

702

-19.6

1,678

-11.2

11,196

-3.2

Total

5,442

-0.7

11,541

1.2

81,016

0.9

 

Air Transport Movements

 Feb 2020

% Change

Jan toFeb 2020

% Change

Mar 2019 toFeb 2020

% Change

Market

UK

3,151

21.3

6,582

23.0

41,959

10.7

EU

15,086

-2.6

30,927

-2.2

208,570

-1.7

Non-EU Europe

3,477

0.1

7,123

0.1

43,570

-0.3

Africa

1,230

-0.8

2,557

-1.6

15,186

3.6

North America

6,144

5.0

12,779

3.1

83,800

1.3

Latin America

462

-3.3

959

-4.9

5,955

-1.8

Middle East

2,474

7.0

5,112

3.8

30,771

0.5

Asia / Pacific

3,208

-12.8

7,129

-8.9

46,374

-2.1

Total

35,232

0.3

73,168

0.4

476,185

0.2

 

Cargo(Metric Tonnes)

Feb 2020

% Change

Jan toFeb 2020

% Change

Mar 2019 toFeb 2020

% Change

Market

UK

35

-47.7

93

-10.3

576

-32.1

EU

6,230

-11.2

12,824

-10.8

92,843

-12.6

Non-EU Europe

2,920

-37.1

6,307

-32.0

54,043

-7.3

Africa

7,401

-4.7

14,036

-7.9

92,141

0.2

North America

47,763

-3.7

90,303

-7.2

557,946

-9.3

Latin America

3,494

-19.1

7,424

-13.0

53,248

-0.2

Middle East

20,217

5.1

40,037

2.1

259,899

1.5

Asia / Pacific

27,800

-21.5

60,730

-18.7

449,682

-12.0

Total

115,859

-9.5

231,753

-10.5

1,560,378

-7.8

 

 

 

 

 

 

 

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
 
 
MSCSFSFUSESSEID
Date   Source Headline
4th Oct 20213:45 pmRNSDocuments incorporated by reference
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11th Aug 20217:00 amRNSBusiness and traffic commentary July 2021
10th Aug 20215:01 pmRNSResults Announcement
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16th Jul 20215:02 pmRNSNotice of Results
12th Jul 20217:00 amRNSBusiness and traffic commentary June 2021
25th Jun 20218:18 amRNSPublication of Final Terms
14th Jun 20218:12 amRNSMay business and traffic commentary - REPLACEMENT
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10th Jun 20215:45 pmRNSBoard Appointment
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11th May 20217:00 amRNSBusiness and traffic commentary April 2021
29th Apr 20217:00 amRNS1st Quarter Results
28th Apr 202110:19 amRNSPost Stabilisation Notice-Heathrow Funding Limited
15th Apr 20215:22 pmRNSNotice of Results
13th Apr 20214:55 pmRNSHeathrow secures new CAD 950million ClassA funding
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13th Apr 20213:05 pmRNSPublication of Final Terms
12th Apr 20217:00 amRNSBusiness and traffic commentary March 2021
9th Apr 20217:00 amRNSHeathrow secures new EUR500 million Class A bond
8th Apr 20214:32 pmRNSPublication of Final Terms
1st Apr 20217:00 amRNSHeathrow’s credit ratings update
30th Mar 20219:35 amRNSPre Stabilisation Notice -Heathrow Funding Limited
16th Mar 20216:25 pmRNSPublication of Final Terms
11th Mar 20217:00 amRNSHeathrow traffic and business commentary Feb 2021
9th Mar 20216:08 pmRNSHeathrow re-enters GBP Class B market w £350m bond
8th Mar 20215:25 pmRNSDocuments incorporated by reference
8th Mar 20215:22 pmRNSPublication of Suppl.Prospcts
5th Mar 20219:39 amRNSHeathrow Funding Limited credit ratings affirmed
24th Feb 20217:00 amRNSHeathrow SP Limited - FY2020 results
15th Feb 20213:26 pmRNSNotice of Results
11th Feb 20217:00 amRNSBusiness and traffic commentary January
11th Jan 20217:01 amRNSBusiness and traffic commentary December
18th Dec 20207:00 amRNSPublication of Investor Report
11th Dec 202011:35 amRNSPublication of Final Terms
11th Dec 20207:00 amRNSBusiness and traffic commentary November
25th Nov 202011:07 amRNSHeathrow Finance plc - Interest Rate Step-Up
12th Nov 202012:15 pmRNSHeathrow Finance credit rating update
11th Nov 20207:00 amRNSBusiness and traffic commentary October
28th Oct 20207:00 amRNS3rd Quarter Results
19th Oct 20201:40 pmRNSNotice of Results
13th Oct 20205:09 pmRNSPublication of Final Terms
13th Oct 20201:40 pmRNSPublication of Final Terms
12th Oct 20201:58 pmRNSPublication of Final Terms
12th Oct 20201:55 pmRNSIssue of Debt
12th Oct 20207:00 amRNSBusiness and traffic commentary September

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