Roundtable Discussion; The Future of Mineral Sands. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

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

Share Price Information for Heathrow6.45% S (88BX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 106.375
Bid: 103.50
Ask: 109.25
Change: 0.25 (0.24%)
Spread: 5.75 (5.556%)
Open: 106.25
High: 106.50
Low: 103.25
Prev. Close: 106.125
88BX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Business and traffic commentary October

11 Nov 2020 07:00

RNS Number : 9048E
Heathrow
11 November 2020
 

07.00 11th November 2020

 

Government leaves the UK's world class aviation sector out in the cold

 

· Heathrow's traffic down 82% YoY in October - the eighth consecutive month of catastrophic decline, with the current travel ban, November is likely to be even worse.

 

· Long-haul and critical markets for trade suffered the worst declines due to the Government's debilitating quarantine requirements. The airport's overall cargo volumes were down 23% compared to last year. North America the UK's biggest export market has been hardest hit by the downturn.

 

· UK's aviation industry is essential to the supply chain of temperature-sensitive, time-critical goods like vaccines - 41% of the UK's pharmaceutical supplies are imported via Heathrow alone.

 

· Heathrow is offering Oxford LAMP rapid COVID-19 tests to passengers travelling to other countries, but these are not yet approved for UK arrivals.

 

· The lack of a testing regime has left British airports unable to compete with EU rivals, the refusal to offer English and Welsh airports business rates relief runs the risk of worsening an already challenging situation and the plans to end VAT-free shopping threatens to kick our industry when its down.

 

Heathrow CEO, John Holland-Kaye, said: "Aviation is the lifeblood of the UK's economy, critical for exports of goods and services and imports of vaccines, as well as inbound tourism, students and foreign direct investment. Lack of Government action is weakening our sector, making it harder for us to support the eventual economic recovery and help deliver the Prime Minister's vision of a global Britain."

 

Traffic Summary

 

 

 

 

 

 

 

 

 

 

 

 

 

October 2020

 

 

 

 

 

 

 

 

 

 

 

 

Terminal Passengers(000s)

Oct 2020

% Change

Jan toOct 2020

% Change

Nov 2019 toOct 2020

% Change

Market

 

 

 

 

 

 

UK

122

-71.9

1,320

-67.2

2,131

-55.3

EU

601

-75.2

7,463

-67.9

11,707

-57.3

Non-EU Europe

103

-78.5

1,635

-65.9

2,529

-55.7

Africa

69

-76.2

977

-66.5

1,572

-55.6

North America

91

-94.6

3,655

-77.0

6,625

-64.5

Latin America

20

-82.1

369

-68.0

597

-56.6

Middle East

113

-82.5

2,134

-66.6

3,490

-54.3

Asia / Pacific

127

-87.4

2,666

-72.4

4,498

-61.0

Blanks

-

0.0

1

0.0

1

0.0

Total

1,246

-82.4

20,220

-70.3

33,150

-58.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Air Transport Movements

Oct 2020

% Change

Jan toOct 2020

% Change

Nov 2019 toOct 2020

% Change

Market

 

 

 

 

 

 

UK

1,525

-59.3

13,478

-60.1

20,416

-48.6

EU

8,624

-52.7

75,555

-57.3

108,091

-48.6

Non-EU Europe

1,383

-62.1

15,377

-57.9

22,423

-48.8

Africa

733

-42.0

6,104

-51.6

8,715

-43.1

North America

2,256

-68.9

30,064

-57.2

43,285

-48.0

Latin America

221

-56.5

2,396

-52.4

3,365

-44.5

Middle East

1,349

-49.5

13,840

-45.4

19,058

-37.3

Asia / Pacific

1,932

-53.9

20,228

-49.0

27,944

-41.4

Blanks

3

-

125

-

125

-

Total

18,026

-56.6

177,167

-55.7

253,422

-46.8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cargo(Metric Tonnes)

Oct 2020

% Change

Jan toOct 2020

% Change

Nov 2019 toOct 2020

% Change

Market

 

 

 

 

 

 

UK

10

-81.9

233

-51.9

334

-41.0

EU

8,717

-3.3

59,443

-25.4

74,119

-22.7

Non-EU Europe

5,706

15.4

33,961

-28.7

43,340

-24.3

Africa

7,543

-8.5

53,018

-32.1

68,269

-27.9

North America

33,776

-28.5

320,289

-32.0

414,123

-27.9

Latin America

3,553

-22.6

26,805

-41.3

35,486

-36.0

Middle East

19,924

-16.6

173,555

-19.4

217,346

-15.9

Asia / Pacific

29,253

-31.9

252,975

-35.5

327,762

-31.5

Blanks

-

0.0

-

0.0

-

0.0

Total

108,482

-23.0

920,280

-30.8

1,180,779

-26.9

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cargo (incl Charter & Positioning flights)(Metric Tonnes)

Oct 2020

% Change

Jan toOct 2020

% Change

Nov 2019 toOct 2020

% Change

Market

 

 

 

 

 

 

UK

42

-29.7

455

-6.4

614

8.4

EU

8,717

-3.3

59,606

-25.2

74,282

-22.6

Non-EU Europe

5,706

15.4

34,097

-28.4

43,476

-24.1

Africa

7,543

-8.5

53,732

-31.2

68,983

-27.2

North America

33,796

-28.5

320,587

-32.0

414,421

-27.8

Latin America

3,554

-22.6

26,841

-41.2

35,522

-36.0

Middle East

19,932

-16.7

174,443

-19.0

218,234

-15.5

Asia / Pacific

29,306

-31.8

254,319

-35.1

329,105

-31.2

Blanks

53

-

2,408

-

2,408

-

Total

108,649

-22.9

926,487

-30.5

1,187,045

-26.6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cargo (incl. Mail, Charter & Positioning flights)(Metric Tonnes)

Oct 2020

% Change

Jan toOct 2020

% Change

Nov 2019 toOct 2020

% Change

Market

 

 

 

 

 

 

UK

43

-29.7

478

-30.8

640

-26.6

EU

9,449

-6.2

65,343

-26.9

82,449

-23.7

Non-EU Europe

6,235

14.1

38,135

-27.2

48,657

-23.0

Africa

7,587

-9.0

54,363

-31.4

69,774

-27.5

North America

35,975

-28.3

341,712

-31.2

442,568

-26.9

Latin America

3,570

-22.9

27,030

-41.3

35,806

-36.0

Middle East

20,806

-15.3

180,446

-18.2

225,956

-14.8

Asia / Pacific

30,508

-32.5

266,641

-35.5

346,629

-31.4

Blanks

-

0.0

-

0.0

-

0.0

Total

114,172

-23.1

974,148

-30.3

1,252,479

-26.3

 

 

 

 

 

 

 

 

 

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.RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UPDZZMMMMGNGGZZ
Date   Source Headline
23rd Feb 20237:00 amRNSHeathrow SP Limited - FY 2022 Results
13th Feb 20234:55 pmRNSNotice of Results
13th Feb 20237:00 amRNSBusiness and traffic commentary Jan 2023
2nd Feb 20239:00 amRNSAnnouncement on CEO of Heathrow
11th Jan 20237:00 amRNSBusiness and traffic commentary Dec 2022
16th Dec 20227:00 amRNSPublication of December 2022 Investor Report
12th Dec 20227:00 amRNSBusiness and traffic commentary Nov 2022
25th Nov 20222:58 pmRNSDocuments Incorporated by Reference
25th Nov 20222:51 pmRNSPublication of a Prospectus
11th Nov 20227:00 amRNSBusiness and traffic commentary Oct 2022
26th Oct 20227:00 amRNS3rd Quarter Results
18th Oct 20227:00 amRNSNotice of Results
11th Oct 20227:25 amRNSBusiness and traffic commentary September 2022
12th Sep 20227:00 amRNSBusiness and traffic commentary August 2022
30th Aug 20223:27 pmRNSInterest Step-Up Termination Notice
15th Aug 20223:49 pmRNSCapacity Cap Extension
11th Aug 20227:00 amRNSBusiness and traffic commentary July 2022
9th Aug 20222:25 pmRNSPublication of Final Terms
26th Jul 20224:00 pmRNSDocuments incorporated by reference
26th Jul 20223:43 pmRNSPublication of Suppl.Prospcts
26th Jul 20227:00 amRNSHalf Year Results
12th Jul 202210:53 amRNSHeathrow imposes capacity cap until 11 Sept
12th Jul 20227:00 amRNSNotice of Results
11th Jul 20227:00 amRNSBusiness and traffic commentary June 2022
28th Jun 20227:08 amRNSHeathrow comment on CAA's H7 Final Proposal
23rd Jun 20227:00 amRNSPublication of Investor Report
13th Jun 20227:00 amRNSBusiness and traffic commentary May 2022
27th May 20224:00 pmRNSPublication of Final Terms
12th May 20229:13 amRNSDocuments Incorporated by reference
12th May 20229:13 amRNSPublication of Suppl.Prospcts
10th May 20227:00 amRNSBusiness and traffic commentary April 2022
26th Apr 20227:00 amRNS1st Quarter Results
11th Apr 20225:00 pmRNSNotice of Results
11th Apr 20227:00 amRNSBusiness and traffic commentary March 2022
6th Apr 20229:00 amRNSHeathrow appoints Mark Brooker to its Board
11th Mar 20227:00 amRNSBusiness and traffic commentary February 2022
24th Feb 20225:22 pmRNSHeathrow Funding Ltd credit ratings update
23rd Feb 20227:00 amRNSHeathrow SP Limited - FY2021 results
11th Feb 20227:00 amRNSBusiness and traffic commentary Feb 2022
28th Jan 20227:08 amRNSPublication of Investor Report Update
11th Jan 20227:00 amRNSBusiness and traffic commentary December 2021
16th Dec 20217:05 amRNSResponse to CAA's statement re 2022 airport charge
13th Dec 20213:47 pmRNSBorrower Loan Amendments - LIBOR Transition
10th Dec 20217:00 amRNSPublication of Investor Report
10th Dec 20217:00 amRNSBusiness and traffic commentary November 2021
11th Nov 20217:00 amRNSBusiness and traffic commentary October 2021
26th Oct 20217:00 amRNS3rd Quarter Results
18th Oct 20215:19 pmRNSNotice of Results
11th Oct 20217:00 amRNSBusiness and traffic commentary September 2021
8th Oct 20215:19 pmRNSPublication of Final Terms

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.