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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
10th Aug 20182:33 pmRNSPublication of a Prospectus
10th Aug 20187:00 amRNSBusiness and traffic commentary July 2018
24th Jul 20187:05 amRNSHeathrow results for six months ended 30 June
12th Jul 20184:52 pmRNSNotice of Results
11th Jul 20187:00 amRNSBusiness and traffic commentary June 2018
27th Jun 20187:00 amRNSPublication of June 2018 Investor Report
26th Jun 20189:37 amRNSParliament votes unambiguously to expand Heathrow
11th Jun 201810:00 amRNSDirector of Treasury and Corporate Finance
11th Jun 20187:00 amRNSBusiness and traffic commentary May 2018
4th Jun 201810:35 amRNSClass B Index-Linked Private Placement
24th May 201812:50 pmRNSPublication of Final Terms
11th May 20187:00 amRNSBusiness and traffic commentary April 2018
1st May 20187:00 amRNSResults for the 3 months ended 31 March 2018
17th Apr 201810:56 amRNSNotice of Results
13th Apr 20187:00 amRNSBusiness and traffic commentary March 2018
12th Mar 20187:00 amRNSBusiness and traffic commentary February 2018
8th Mar 20182:41 pmRNSHeathrow Bond Issue - Final Terms
1st Mar 20189:22 amRNSHeathrow bond issue
28th Feb 201812:28 pmRNSDocuments incorporated by reference
28th Feb 201812:24 pmRNSPublication of Supplemental Prospectus
22nd Feb 20187:00 amRNSResults for the 12 months ended 31 December 2017
20th Feb 20183:15 pmRNSCorporate Announcement - Director of Treasury
12th Feb 20187:00 amRNSBusiness and traffic commentary January 2018
7th Feb 20182:18 pmRNSNotice of Results
22nd Jan 201810:00 amRNSAppointment of Chief Operating Officer
17th Jan 20187:00 amRNSHeathrow launches expansion consultation
11th Jan 20187:00 amRNSBusiness and traffic commentary FY and Dec 2017
14th Dec 20177:00 amRNSPublication of December 2017 Investor Report
11th Dec 20177:00 amRNSBusiness and traffic commentary November 2017
10th Nov 20177:00 amRNSBusiness and traffic commentary October 2017
26th Oct 20177:00 amRNSResults for the 9 months ended 30 September 2017
12th Oct 201710:37 amRNSNotice of Results
11th Oct 20177:00 amRNSBusiness and traffic commentary September 2017
3rd Oct 20173:00 pmRNSCorporate Announcement
11th Sep 20177:00 amRNSBusiness and traffic commentary August 2017
11th Aug 20177:00 amRNSBusiness and traffic commentary July 2017
27th Jul 20177:00 amRNSResults for six months ended 30 June 2017
12th Jul 20173:31 pmRNSNotice of Results
11th Jul 20177:00 amRNSBusiness and traffic commentary June 2017
28th Jun 20175:09 pmRNSNew EUR500m Class A bond transaction due 2032
27th Jun 20176:11 pmRNSProspectus - Documents incorporated by reference
27th Jun 20176:07 pmRNSPublication of base prospectus
27th Jun 20177:00 amRNSPublication of June 2017 Investor Report
9th Jun 20177:00 amRNSBusiness and traffic commentary May 2017
5th Jun 20171:27 pmRNSPublication of Prospectus
25th May 20177:00 amRNSStrong investor appetite for £275m Heathrow bond
24th May 20178:01 amRNSLaunch offer of £250 million senior secured notes
11th May 20177:00 amRNSBusiness and traffic commentary April 2017
27th Apr 20177:00 amRNSResults for the three months ended 31 March 2017
12th Apr 201710:46 amRNSNotice of Results

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