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

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Business and traffic commentary June

13 Jul 2020 07:00

RNS Number : 7328S
Heathrow
13 July 2020
 

07:00 13th July 2020

 

Heathrow calls on Government to act faster in order to protect jobs and unlock growth

 

§ COVID-19 continues to weigh on travel demand, with a drop in passenger numbers of over 95% compared to the start of last year's summer season

 

§ Government's quarantine policy for international arrivals directly hit load factors, which immediately fell 10% following its introduction in early June. An exit plan is now more critical than ever, as long-haul flights remain grounded and more jobs continue to be put at risk in an industry crucial to rebuilding the UK economy

 

§ Whilst steps toward travel corridors in July provide some hope for an initial recovery, further pace is needed to move past quarantine. Heathrow urges Government to act faster on establishing Common International Standards that would allow safer travel to critical trading routes

 

§ Heathrow stands ready to host the UK's first pilot 'Test-on-Arrival' procedure from Collinson and Swissport. The pilot, which is subject to Government approval, could allow COVID-negative passengers arriving from higher risk countries to enter the UK without the need to quarantine

 

§ In addition, Heathrow is trialling a number of technologies and processes to keep the airport COVID-secure as travel resumes, including the existing temperature testing trials and exploring the use of UV sanitation to quickly and efficiently disinfect key touchpoints in the passenger journey

 

· Whilst overall cargo tonnage in June was down by over 30% compared with 2019, Heathrow saw a record-breaking day for cargo-only flights on 6th June, with 140 movements in one day

 

Heathrow CEO John Holland-Kaye said:

 

"Travel corridors were a great first step and now we need to go further to protect jobs and kickstart the economy, by allowing healthy passengers to travel freely between the UK and the rest of the world. We're ready to pilot a testing system on arrival for passengers from "red" countries as an alternative to quarantine, but even better would be to test passengers before they get on a plane. This requires a Common International Standard for testing, which the UK government could take a global lead in setting up."

 

 

Traffic Summary

 

 

 

 

June 2020

 

 

 

 

Terminal Passengers(000s)

Jun 2020

% Change

Jan toJun 2020

% Change

Jul 2019 toJun 2020

% Change

 

Market

 

UK

20

-95.4

955

-58.9

3,470

-32.3

 

EU

151

-94.0

4,892

-62.8

19,199

-35.5

 

Non-EU Europe

26

-94.9

1,124

-59.3

4,054

-34.5

 

Africa

9

-96.8

809

-53.3

2,590

-32.1

 

North America

46

-97.4

3,321

-62.7

13,247

-33.8

 

Latin America

6

-94.8

320

-53.4

1,016

-31.9

 

Middle East

43

-92.9

1,728

-51.6

5,907

-28.8

 

Asia / Pacific

49

-94.9

2,283

-59.3

8,154

-35.1

 

Total

350

-95.2

15,433

-60.2

57,639

-34.0

 

 

 

 

 

Air Transport Movements

 Jun 2020

% Change

Jan toJun 2020

% Change

Jul 2019 toJun 2020

% Change

 

Market

 

UK

242

-93.2

9,519

-50.8

30,888

-25.8

 

EU

1,840

-89.9

46,420

-55.4

151,639

-33.8

 

Non-EU Europe

413

-88.8

10,437

-52.5

32,018

-32.8

 

Africa

269

-77.6

4,156

-45.7

11,731

-28.6

 

North America

1,697

-76.8

21,988

-46.4

64,410

-28.4

 

Latin America

160

-67.9

1,670

-44.8

4,649

-30.0

 

Middle East

929

-63.4

9,368

-36.7

25,145

-23.5

 

Asia / Pacific

1,655

-56.9

13,836

-41.1

37,687

-27.1

 

Total

7,206

-82.3

117,516

-50.1

358,289

-30.6

 

 

 

Cargo(Metric Tonnes)

Jun 2020

% Change

Jan toJun 2020

% Change

Jul 2019 toJun 2020

% Change

Market

UK

7

-83.6

206

-27.9

507

-28.4

EU

5,251

-34.1

32,100

-32.2

79,123

-27.0

Non-EU Europe

4,278

-9.2

17,272

-38.9

46,017

-26.3

Africa

4,843

-37.9

31,190

-36.0

75,786

-25.9

North America

27,910

-38.7

201,979

-30.8

475,244

-26.9

Latin America

2,473

-43.0

14,952

-46.2

41,505

-31.5

Middle East

18,947

-16.7

102,033

-18.7

235,580

-15.0

Asia / Pacific

25,241

-33.4

150,463

-36.3

380,979

-29.5

Total

88,989

-31.8

552,550

-31.4

1,337,097

-25.8

 

 

 

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
 
 
UPDFIFETDRIFLII
Date   Source Headline
6th Nov 20153:43 pmRNSPublication of Supplement to Base Prospectus
28th Oct 20157:00 amRNSResults for nine months ended 30 September 2015
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26th May 20151:50 pmRNSPublication of Final Terms
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11th May 20157:00 amRNSTraffic and business commentary April 2015
24th Apr 20157:01 amRNS1st Quarter Results
15th Apr 201511:15 amRNSNotice of Results
13th Apr 20157:00 amRNSTraffic and business commentary March 2015
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23rd Feb 20157:00 amRNSFinal Results
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11th Feb 20154:31 pmRNSPublication of Final Terms
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10th Feb 20154:03 pmRNSStabilisation Notice
5th Feb 20157:30 amRNSNotice of Results
3rd Feb 20153:28 pmRNSHeathrow places EUR750 million 15 year bond
3rd Feb 20158:27 amRNSPre Stabilisation Notice
12th Jan 20157:00 amRNSTraffic and business commentary December 2014
18th Dec 20149:44 amRNSSale of Aberdeen, Glasgow and Southampton complete
16th Dec 20144:00 pmRNSPublication of Prospectus
16th Dec 20144:00 pmRNSHalf year unaudited financial results
12th Dec 20147:00 amRNSPublication of Investor Report
11th Dec 20147:00 amRNSHeathrow traffic and business commentary Nov 2014
5th Dec 201410:00 amRNSDates for Investor Report and Full Year Results
11th Nov 20147:00 amRNSHeathrow traffic and business commentary October
3rd Nov 20147:00 amRNSRevolving credit & liquidity facilities refinanced
29th Oct 20147:00 amRNSResults for nine months ended 30 September 2014
16th Oct 20142:57 pmRNSSale of Aberdeen, Glasgow and Southampton Airports
16th Oct 20147:00 amRNSPublication of Documents Incorporated by Reference
16th Oct 20147:00 amRNSPublication of Heathrow Finance plc Prospectus
14th Oct 20149:35 amRNSNotice of Results on Wednesday 29 October 2014
13th Oct 20147:00 amRNSHeathrow traffic and business commentary September
8th Oct 20147:04 amRNSHeathrow Finance plc places £250 million bond
1st Oct 20147:02 amRNSHeathrow Chief Financial Officer to stand down
11th Sep 20147:00 amRNSHeathrow traffic and business commentary August 20
27th Aug 20147:00 amRNSFinal Terms
11th Aug 20147:01 amRNSHeathrow traffic and business commentary July 2014
6th Aug 201412:01 pmRNSFinal Terms
29th Jul 20142:11 pmRNSFinal Terms Omnibus

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