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

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Business and traffic commentary May 2017

9 Jun 2017 07:00

RNS Number : 6032H
Heathrow
09 June 2017
 

 

 

 

07.00 9th June 2017

 

Heathrow records another month of growth

 

 

§ As the busy summer travel season got underway, Heathrow reached a new passenger record in May. Demand for travel continued to strengthen and a record 6.48 million people (+3%) travelled through Heathrow during the month - an average of 209,000 passengers every day - despite some services being disrupted at the end of the month

§ North American flights continued to remain popular with Heathrow passengers, with a new Delta service to Portland helping to drive North American growth up 1.3%. AeroMexico increased flights to a daily service helping to underpin 10% growth to Mexico, while an additional Emirates A380 and new British Airways services to Abu Dhabi, Bahrain and Tehran pushed up growth to the Middle East by 7%

§ Global trade through the nation's only hub airport continues to thrive, with cargo flying from Heathrow to destinations around the world growing over 16% in May. Overall cargo volumes were up nearly 11% with American Airlines recording the largest growth, transporting an additional 2,100 metric tonnes (+21.6%) followed by British Airways who added over 1,300 metric tonnes (+2.9%) of additional cargo

§ Heathrow promised to work with the Government and airlines to ensure communities across the UK can always retain access to global connectivity and trade by ring-fencing slots for domestic services once the nation's only hub is expanded. Ring-fencing slots is a move which becomes possible once the UK leaves the EU

§ Heathrow continues to progress its own planning consultation which will launch later this year and will give the public the opportunity to feedback on several design options for expanding the airport

§ As part of its Blueprint for Noise Reduction, Heathrow launched the second phase of its steeper approaches trial in May. The trial increases the angle of approach to the airport from 3° to 3.2° and results in aircraft flying higher for longer, reducing noise on the ground

 

 

Heathrow CEO John Holland-Kaye said:

 

"The summer travel season is off to a strong start - Heathrow welcomed more passengers in May than in any previous year and trade flying through the UK's biggest port grew 16% showing Britain is open for business."

 

 

 

 

Traffic Summary

May 2017

Terminal Passengers(000s)

 Month

% Change

Jan toMay 2017

% Change

Jun 2016 toMay 2017

% Change

Heathrow

6,476

2.9

30,369

4.3

76,918

2.2

Air Transport Movements

 Month

% Change

Jan toMay 2017

% Change

Jun 2016 toMay 2017

% Change

Heathrow

41,017

-0.9

191,900

-0.7

471,871

-0.1

Cargo(Metric Tonnes)

 Month

% Change

Jan toMay 2017

% Change

Jun 2016 toMay 2017

% Change

Heathrow

143,511

10.7

680,972

8.3

1,593,113

5.7

Market comparison(000s)

Month

% Change

Jan toMay 2017

% Change

Jun 2016 toMay 2017

% Change

Market

UK

404

3.0

1,873

2.8

4,698

-3.7

Europe

2,786

1.2

12,559

3.6

32,174

2.4

Africa

230

-0.3

1,264

-0.4

3,159

-1.6

North America

1,519

1.3

6,590

1.9

17,291

-0.2

Latin America

103

4.6

515

4.4

1,248

1.6

Middle East

561

7.1

3,054

13.8

7,330

11.4

Asia / Pacific

873

9.8

4,514

5.8

11,017

3.9

Total

6,476

2.9

30,369

4.3

76,918

2.2

 

 

 

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
MSCUGUBGQUPMGMR
Date   Source Headline
2nd Oct 202010:32 amRNSNo change in Heathrow Funding Ltd credit ratings
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25th Jun 202011:05 amRNSHeathrow Finance credit rating update
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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
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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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