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

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Business and traffic commentary January 2019

11 Feb 2019 07:01

RNS Number : 5636P
Heathrow
11 February 2019
 

 

 

 

07.00 11th February 2019

 

Stellar start to 2019 as Heathrow's passenger numbers continue to climb in January

 

 

§ 5.9 million passengers travelled through the UK's only hub airport, kickstarting 2019's passenger growth. January's figures increased by 2.1%, as Heathrow reported its 27th consecutive record month, boosted by passengers returning home after the winter holidays.

 

§ Africa and East Asia continue to be amongst the best performing regions, up 9.7% and 5.6% respectively. The African nations to make the biggest gains were Morocco (+40%), Ethiopia (27%), Nigeria (13%) and South Africa (12%). In East Asia, China saw growth of 27%, due to the continued interest in new services to the country.

 

§ Over 130,000 metric tonnes of cargo travelled through Heathrow on the way to their final destinations in January.

 

§ The best performing markets for cargo were Africa, with growth of 8.9%, and Latin America which saw an increase of 8.8% largely driven by an increase in movements to Brazil.

 

§ Figures from the ACI show that Heathrow remains Europe's busiest airport, even though growth continues to be hampered the airport's current capacity constraints. The ACI also reports that aviation capacity issues are becoming more widespread and evident across Europe, strengthening the case for Heathrow's expansion.

 

§ Heathrow kicked off their eight-week long consultation on Airspace & Future Operations - asking the public to help shape the airport's future airspace design - both for the existing two runway airport and as part of the proposed expansion.

 

§ In January, Heathrow became Britain's first airport to launch a Shared Apprentice Scheme in construction. The scheme is one of the ways that Heathrow is working to ensure 10,000 high quality apprenticeships are delivered by 2030. The announcement was made as part of the airport's response to the recommendations from the independent Skills Taskforce chaired by Lord David Blunkett.

 

§ NATS and Heathrow announced the start of a trial which aims to understand whether artificial intelligence could be used to help regain the landing capacity lost during times of low cloud or reduced visibility. The state-of-the-art technology aims to boost punctuality for passengers and reduce late runners for the airport's local communities.

 

Heathrow CEO John Holland-Kaye said:

 

"2019 is off to a stellar start, with more passengers choosing to use Heathrow because of our improved service and lower costs."

 

Traffic Summary

 

 

January 2019

Terminal Passengers(000s)

 Jan 2019

% Change

Jan toJan 2019

% Change

Feb 2018 toJan 2019

% Change

Market

UK

326

-9.3

326

-9.3

4,762

-1.3

EU

1,817

1.6

1,817

1.6

27,632

3.1

Non-EU Europe

426

-1.0

426

-1.0

5,719

0.2

Africa

313

9.7

313

9.7

3,366

5.9

North America

1,278

4.9

1,278

4.9

18,160

4.7

Latin America

122

5.5

122

5.5

1,357

4.3

Middle East

629

-0.5

629

-0.5

7,657

0.6

Asia / Pacific

1,016

4.2

1,016

4.2

11,573

2.6

Total

5,928

2.1

5,928

2.1

80,225

2.8

Air Transport Movements

 Jan 2019

% Change

Jan toJan 2019

% Change

Feb 2018 toJan 2019

% Change

Market

UK

2,756

-15.8

2,756

-15.8

38,214

-5.2

EU

16,139

-1.7

16,139

-1.7

212,214

-0.2

Non-EU Europe

3,640

-1.0

3,640

-1.0

43,668

-2.4

Africa

1,358

8.8

1,358

8.8

14,546

1.9

North America

6,535

1.7

6,535

1.7

82,694

1.8

Latin America

530

6.2

530

6.2

6,025

6.2

Middle East

2,610

0.3

2,610

0.3

30,671

-1.8

Asia / Pacific

4,145

5.8

4,145

5.8

47,244

5.0

Total

37,713

-0.9

37,713

-0.9

475,276

0.1

Cargo(Metric Tonnes)

 Jan 2019

% Change

Jan toJan 2019

% Change

Feb 2018 toJan 2019

% Change

Market

UK

36

-60.5

36

-60.5

862

-24.1

EU

7,361

-22.3

7,361

-22.3

108,683

-3.8

Non-EU Europe

4,627

6.7

4,627

6.7

57,445

4.2

Africa

7,476

8.9

7,476

8.9

89,280

-2.6

North America

47,669

1.1

47,669

1.1

607,418

-1.6

Latin America

4,220

8.8

4,220

8.8

52,729

9.6

Middle East

19,975

-4.2

19,975

-4.2

255,609

-5.2

Asia / Pacific

39,327

-2.7

39,327

-2.7

510,773

-0.1

Total

130,692

-1.8

130,692

-1.8

1,682,799

-1.4

 

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.
 
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