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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
2nd Oct 202010:32 amRNSNo change in Heathrow Funding Ltd credit ratings
24th Sep 20205:36 pmRNSDocuments Incorporated by Reference
24th Sep 20205:28 pmRNSPublication of a Prospectus
11th Sep 20207:00 amRNSBusiness and traffic commentary August
2nd Sep 20206:01 pmRNSFormal Consultation with Trade Unions
11th Aug 20207:00 amRNSBusiness and traffic commentary July
29th Jul 20207:00 amRNSHalf Year Results
21st Jul 202011:20 amRNSNotice of Results
13th Jul 20208:48 amRNSBusiness and traffic commentary June
13th Jul 20207:00 amRNSBusiness and traffic commentary June
8th Jul 202012:19 pmRNSHeathrow Finance plc - Consent Solicitation Result
25th Jun 202011:05 amRNSHeathrow Finance credit rating update
16th Jun 20202:21 pmRNSPublication of Investor Report
16th Jun 20202:07 pmRNSConsent Solicitation - Heathrow Finance plc
11th Jun 20207:00 amRNSBusiness and traffic commentary May
2nd Jun 20208:05 amRNSHeathrow Funding Ltd credit ratings update
11th May 20207:00 amRNSBusiness and traffic commentary April
1st May 20207:00 amRNS1st Quarter Results
27th Apr 20208:55 amRNS1st Quarter Results
23rd Apr 202010:36 amRNSHeathrow Funding & Heathrow Finance outlook update
14th Apr 20207:00 amRNSBusiness and traffic commentary March
7th Apr 20208:00 amRNSFitch affirms Heathrow’s long-term credit ratings
2nd Apr 20209:37 amRNSHeathrow Finance’s credit outlook update
27th Mar 20208:00 amRNSHeathrow Funding Limited’s credit rating update
20th Mar 20207:00 amRNSHeathrow's Response to COVID-19
19th Mar 202012:10 pmRNSPublication of Final Terms
19th Mar 202012:10 pmRNSPublication of Final Terms
19th Mar 202012:05 pmRNSPublication of Final Terms
19th Mar 202011:59 amRNSPublication of Final Terms
16th Mar 20204:57 pmRNSDocuments incorporated by reference
16th Mar 20204:54 pmRNSPublication of Supplemental Prospectus
11th Mar 20207:00 amRNSBusiness and traffic commentary February 2020
26th Feb 20207:00 amRNSResults for the 12 months ended 31 December 2019
11th Feb 20207:01 amRNSBusiness and traffic commentary January 2020
30th Jan 202012:30 pmRNSNotice of Results
13th Jan 20207:01 amRNSBusiness and traffic commentary December 2019
23rd Dec 20195:29 pmRNSHeathrow plan for 2020s delivers lower airfares
20th Dec 20197:00 amRNSPublication of December 2019 Investor Report
18th Dec 20197:00 amRNSPublication of Investor Report
17th Dec 20192:16 pmRNSPublication of Final Terms
11th Dec 20197:01 amRNSBusiness and traffic commentary November 2019
15th Nov 20193:08 pmRNSPublication of a Prospectus
12th Nov 20194:13 pmRNSIssue of Debt
12th Nov 20198:36 amRNSOffer by Heathrow Finance
11th Nov 20197:01 amRNSBusiness and traffic commentary October 2019
25th Oct 20197:00 amRNS3rd Quarter Results
11th Oct 20197:01 amRNSBusiness and traffic commentary September 2019
9th Oct 20199:00 amRNSNotice of Results
11th Sep 20197:00 amRNSBusiness and traffic commentary August 2019
12th Aug 20197:01 amRNSBusiness and traffic commentary July 2019

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