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

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Business and traffic commentary January 2020

11 Feb 2020 07:01

RNS Number : 5553C
Heathrow
11 February 2020
 

07.00 11th February 2020

Heathrow warns it is set to fall behind Paris as Europe's number 1 airport hub

 

·; Despite record breaking start to the year at Heathrow, latest figures show that EU competitor, Charles de Gaulle, is growing at twice the rate and is set to overtake as Europe's leading hub airport within the next 2 years.

 

·; Over 6 million passengers travelled through the airport in January (up 2.9%). UK routes led passenger growth, increasing by 10.2% as more passengers travelled to Newquay and Guernsey. Other top performing markets were the Middle East (+7.6%) and North America (+ 4.7%).

 

·; Over 115,000 metric tonnes of cargo travelled through the UK's largest port by value, with the UK standing out as the top market for cargo growth (+60.6%).

 

·; The UK Sustainable Aviation coalition has committed to achieve net zero carbon emissions by 2050, setting out a roadmap which will cut carbon, whilst accommodating a 70% growth in passenger numbers. 

 

Heathrow's Chief Executive, John Holland-Kaye, said:

 

"If we are to be a truly global Britain, we need to be better connected to global markets than our rivals in Europe. It would be an economic disaster for the country to fall behind, just as we leave the EU. Heathrow's new runway will make the UK a winner, connecting all of Britain to global growth and that's why we need to get on with delivering it!"

 

January 2020

 

Terminal Passengers(000s)

Jan 2020

% Change

Jan toJan 2020

% Change

Feb 2019 toJan 2020

% Change

Market

UK

360

10.2

360

10.2

4,874

2.4

EU

1,878

3.4

1,878

3.4

27,522

-0.4

Non-EU Europe

437

2.6

437

2.6

5,705

-0.2

Africa

317

1.1

317

1.1

3,518

4.5

North America

1,338

4.7

1,338

4.7

18,894

4.0

Latin America

117

-3.9

117

-3.9

1,378

1.5

Middle East

677

7.6

677

7.6

7,798

1.8

Asia / Pacific

976

-3.9

976

-3.9

11,368

-1.8

Total

6,099

2.9

6,099

2.9

81,056

1.0

 

Air Transport Movements

Jan 2020

% Change

Jan toJan 2020

% Change

Feb 2019 toJan 2020

% Change

Market

 

UK

3,431

24.5

3,431

24.5

41,405

8.4

EU

15,841

-1.8

15,841

-1.8

208,979

-1.5

Non-EU Europe

3,646

0.2

3,646

0.2

43,567

-0.2

Africa

1,327

-2.3

1,327

-2.3

15,196

4.5

North America

6,635

1.5

6,635

1.5

83,510

1.0

Latin America

497

-6.2

497

-6.2

5,971

-0.9

Middle East

2,638

1.1

2,638

1.1

30,610

-0.2

Asia / Pacific

3,921

-5.4

3,921

-5.4

46,846

-0.8

Total

37,936

0.6

37,936

0.6

476,084

0.2

 

Cargo(Metric Tonnes)

Jan 2020

% Change

Jan toJan 2020

% Change

Feb 2019 toJan 2020

% Change

Market

 

UK

58

60.6

58

60.6

608

-29.4

EU

6,595

-10.4

6,595

-10.4

93,628

-13.9

Non-EU Europe

3,387

-26.8

3,387

-26.8

55,764

-2.9

Africa

6,635

-11.2

6,635

-11.2

92,505

1.7

North America

42,540

-10.9

42,540

-10.9

559,798

-9.2

Latin America

3,930

-6.9

3,930

-6.9

54,071

2.5

Middle East

19,820

-0.8

19,820

-0.8

258,918

1.1

Asia / Pacific

32,929

-16.3

32,929

-16.3

457,290

-11.0

Total

115,894

-11.4

115,894

-11.4

1,572,583

-7.4

 

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.
 
END
 
 
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27th Apr 20163:57 pmRNSPublication of Supplement to Base Prospectus
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5th Feb 201612:04 pmRNSNotice of Results
25th Jan 20163:33 pmRNSHeathrow places CHF400 million 8 year bond
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17th Dec 20157:00 amRNSSir Nigel Rudd to step down as Chairman in 2016
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11th Dec 20157:00 amRNSStatement on airport expansion
10th Dec 20157:00 amRNSTraffic and business commentary November 2015
11th Nov 20157:00 amRNSTraffic and business commentary October 2015

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