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

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Business and traffic commentary June 2022

11 Jul 2022 07:00

RNS Number : 9278R
Heathrow
11 July 2022
 

Heathrow experiences 40 years of passenger growth in last 4 months

 

§ In a sign of the recovery of UK aviation, nearly 6 million passengers travelled through Heathrow in June, totalling 25 million passengers in the first six months of the year. Unprecedented growth in passenger numbers over the last four months matches what took place over the last 40 years

 

§ We started recruiting back in November last year in anticipation of capacity recovering this summer, and by the end of July we will have as many people working in security as we had pre-pandemic. We have also reopened Terminal 4 to provide more space for passengers 

 

§ Rebuilding capacity quickly is very challenging after the significant reductions in resource across the entire aviation supply chain. Arrivals punctuality is very low as a result of delays at other airports and airspace congestion across Europe and this has compounded the challenge of resource constraints for the airport, airlines, ground handlers and government agencies 

§ In spite of this, we have been able to provide a good level of service for the vast majority of passengers. However, despite our best efforts there have been periods in recent weeks, where service levels have not been acceptable, with long queue times, delays for passengers with reduced mobility, bags not travelling with passengers or arriving late, and we want to apologise to any passengers who have been affected by this 

§ In June, the DfT and CAA asked the aviation sector to review summer schedules, including implementing a slot amnesty to encourage airlines to remove flights without penalty that will minimise further disruption for passengers over the summer getaway. Our number one priority at Heathrow is giving passengers a safe and reliable journey. We will carefully assess if airlines' reviewed schedule changes will help achieve that 

 

§ Many people will not have travelled in some time. Passengers can help prepare for their journeys by ensuring they arrive at Heathrow no earlier than 3 hours before their flights, that they have their liquids less than 100ml packed in a clear, resealable 1lt bag and remove their large electronic items from their bags prior to security checkpoints 

 

Heathrow CEO John Holland-Kaye said:

 

"Last month, we saw exponential growth in passenger numbers as nearly six million people got away - the equivalent of 40 years of growth in just four months. I am very proud of the way that our team is rising to the challenge of growth and giving excellent service to the vast majority of passengers. However, we have already seen times recently when demand exceeds the capacity of the airport, airlines and ground handlers.  

 

"We will review the schedule changes that airlines have submitted in response to the Government's requirement to minimise disruption for passengers this summer and will ask them to take further action if necessary. We want everyone who is travelling through Heathrow to be confident that they will have a safe and reliable journey." 

 

 

Traffic Summary

 

June 2022

 

Terminal Passengers (000s)

 Jun 2022

% Change

Jan toJun 2022

% Change

Jul 2021 toJun 2022

% Change

Market

UK

320

127.8

1,608

243.4

2,908

198.8

EU

2,252

535.0

9,145

642.9

15,172

245.5

Non-EU Europe

400

436.8

2,051

564.0

3,279

238.7

Africa

209

240.0

1,299

260.7

1,979

183.1

North America

1,668

1087.2

6,209

1214.0

9,074

796.0

Latin America

137

692.2

794

1384.5

1,153

599.1

Middle East

541

517.2

2,955

589.0

4,827

314.8

Asia / Pacific

463

478.1

2,011

283.0

3,224

179.6

Total

5,990

526.2

26,072

577.5

41,617

295.4

 

Air Transport Movements

 Jun 2022

% Change

Jan toJun 2022

% Change

Jul 2021 toJun 2022

% Change

Market

UK

2,530

60.1

13,525

141.7

25,144

123.8

EU

15,993

244.8

75,420

351.7

131,282

149.5

Non-EU Europe

2,791

216.4

16,013

322.5

26,656

159.3

Africa

1,007

73.9

6,721

95.9

11,177

66.0

North America

7,331

194.5

32,679

137.0

53,662

102.5

Latin America

589

184.5

3,696

381.3

6,085

195.4

Middle East

2,092

68.7

11,667

69.4

21,824

54.2

Asia / Pacific

2,363

44.2

12,711

23.7

25,399

20.6

Total

34,696

161.8

172,432

181.6

301,229

108.3

 

Cargo(Metric Tonnes)

 Jun 2022

% Change

Jan toJun 2022

% Change

Jul 2021 toJun 2022

% Change

Market

UK

21

-14.0

57

-46.0

171

19.2

EU

8,346

-19.1

54,153

-11.0

114,509

9.2

Non-EU Europe

3,312

-40.3

19,699

-41.9

53,393

-14.8

Africa

6,427

19.7

44,054

8.4

81,022

3.1

North America

42,542

12.9

272,221

21.3

529,584

29.5

Latin America

3,576

44.3

19,542

127.6

34,447

25.7

Middle East

20,444

7.8

111,363

1.0

229,705

4.5

Asia / Pacific

27,888

-9.1

167,198

-10.3

383,353

7.8

Total

112,555

1.3

688,287

3.5

 1,426,185

13.4

 

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END
 
 
MSCEAPXEFAAAEFA
Date   Source Headline
2nd Oct 202010:32 amRNSNo change in Heathrow Funding Ltd credit ratings
24th Sep 20205:36 pmRNSDocuments Incorporated by Reference
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21st Jul 202011:20 amRNSNotice of Results
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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
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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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