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Pin to quick picksHeathrow6.45% S Regulatory News (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
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22nd Jul 201910:34 amRNSPublication of a Prospectus
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10th May 20197:01 amRNSBusiness and traffic commentary April 2019
1st May 20197:00 amRNS1st Quarter Results
15th Apr 201911:41 amRNSPublication of Final Terms
15th Apr 20197:01 amRNSStrategy/Company/Ops Update
10th Apr 20197:00 amRNSNotice of Results
21st Mar 20195:18 pmRNSIssue of Debt
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15th Mar 20197:01 amRNSBusiness and traffic commentary February 2019
15th Mar 20197:00 amRNSIssue of Debt
11th Mar 20193:51 pmRNSIssue of Debt
6th Mar 20197:00 amRNSIssue of Debt
1st Mar 201912:05 pmRNSPublication of Suppl.Prospcts
1st Mar 20197:00 amRNSNOTICE OF RESULT OF CONSENT SOLICITATION
1st Mar 20197:00 amRNSHEATHROW FINANCE PLC - RESULTS OF MEETINGS
28th Feb 20192:33 pmRNSRedemption of Heathrow Finance 2019 Notes
21st Feb 20197:00 amRNSResults for the 12 months ended 31 December 2018
13th Feb 20199:37 amRNSAppointment of Auditor
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
11th Dec 20187:01 amRNSBusiness and traffic commentary November 2018
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
26th Oct 20187:00 amRNS3rd Quarter Results
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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