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

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Business and traffic commentary September 2019

11 Oct 2019 07:01

RNS Number : 5524P
Heathrow
11 October 2019
 

07:00 11th October 2019

 

Heathrow calls for further industry-wide action on carbon as the airport's biggest airline becomes first to commit to net zero 

 

§ Heathrow welcomed 6.7million passengers in September, bringing total passenger numbers from January to end of September 2019 to nearly 61 million (+0.7% over the same period last year)

 

§ More than 125,000 metric tonnes of cargo made its way through the UK's largest port by value. The top market for cargo growth was the Middle East (+1.7%)

 

§ Heathrow proudly welcomed the plan by British Airways parent company IAG to offset carbon emissions for all its UK domestic flights from 2020, becoming the first airline group worldwide to commit to achieving net zero carbon emissions by 2050

 

§ The airport announced it will kick-start a new trial turning unrecyclable plastic passenger waste - including food packaging and plastic film - into airport furniture, uniforms and lower-emission jet fuel by 2025,

 

§ Heathrow Chief Executive John Holland-Kaye attended the UN Climate Summit in New York and announced Heathrow would join the World Economic Forum's new 'Clean Skies for Tomorrow Coalition' aimed at helping the sector achieve carbon-neutral flying, while also welcoming the Committee on Climate Change recommendation for government to include aviation in the UK's net zero emissions target by 2050

 

§ Virgin Atlantic announced plans to open over 80 new routes from an expanded Heathrow, helping to create a second flag carrier at the UK's hub airport in a move that will increase competition and improve passenger choice 

 

§ Following the close of Heathrow's 12-week statutory consultation on the preferred masterplan for expansion, polling showed that more local residents support the project than oppose it in 16 out of the 18 Parliamentary constituencies around Heathrow 

 

Heathrow Chief Executive John Holland-Kaye, said:

 

"Heathrow is committed to achieving net zero emissions in aviation and is working to decarbonise airport operations as quickly as possible. IAG's announcement of net zero emissions from flight by 2050 shows that the aviation sector as a whole can decarbonise and protect the benefits of global travel and trade. We will work with them to achieve this and call on other airlines to follow their lead."

 

 

September 2019 Traffic Figures

 

Terminal Passengers(000s)

Sep 2019

% Change

Jan toSep 2019

% Change

Oct 2018 toSep 2019

% Change

Market

 

 

 

 

 

 

UK

388

-6.5

3,597

-0.8

4,767

-1.5

EU

2,334

-5.8

20,797

-0.7

27,449

0.5

Non-EU Europe

470

-0.7

4,321

-0.2

5,713

0.3

Africa

278

1.0

2,627

7.6

3,524

7.6

North America

1,616

0.0

14,188

3.8

18,621

4.4

Latin America

110

-3.1

1,039

2.2

1,373

2.6

Middle East

644

1.6

5,751

-1.0

7,605

-0.8

Asia / Pacific

939

-4.3

8,643

-0.7

11,475

-0.0

Total

6,777

-2.9

60,962

0.7

80,526

1.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Air Transport Movements

 Sep 2019

% Change

Jan toSep 2019

% Change

Oct 2018 toSep 2019

% Change

Market

 

 

 

 

 

 

UK

3,326

1.7

30,049

2.6

39,488

0.4

EU

17,172

-6.7

158,509

-1.1

210,734

-0.5

Non-EU Europe

3,502

-1.3

32,868

0.6

43,906

0.4

Africa

1,185

3.6

11,353

7.5

15,232

7.2

North America

6,970

-2.9

62,927

1.0

83,187

0.9

Latin America

474

-4.8

4,527

1.4

6,056

2.6

Middle East

2,535

0.8

22,694

-1.6

30,295

-1.9

Asia / Pacific

3,822

-1.7

35,432

1.3

47,480

2.3

Total

38,986

-3.6

358,359

0.2

476,378

0.3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Cargo(Metric Tonnes)

Sep 2019

% Change

Jan toSep 2019

% Change

Oct 2018 toSep 2019

% Change

Market

 

 

 

 

 

 

UK

43

-31.4

430

-44.0

579

-44.5

EU

7,913

-17.2

70,706

-15.9

97,373

-14.8

Non-EU Europe

4,711

-7.4

42,683

0.7

57,458

0.7

Africa

7,000

-0.1

69,847

6.3

94,496

5.2

North America

42,987

-16.8

423,949

-7.9

579,665

-7.1

Latin America

4,323

-1.9

41,089

8.8

55,702

8.1

Middle East

21,807

1.7

191,379

0.2

257,335

-2.2

Asia / Pacific

36,908

-14.3

349,085

-8.8

481,453

-6.7

Total

125,693

-11.7

1,189,168

-6.0

1,624,061

-5.4

 

 

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
 
 
UPDLFFIFISLILIA
Date   Source Headline
4th Oct 20213:45 pmRNSDocuments incorporated by reference
4th Oct 20213:42 pmRNSPublication of a Prospectus
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11th Aug 20217:00 amRNSBusiness and traffic commentary July 2021
10th Aug 20215:01 pmRNSResults Announcement
26th Jul 20217:00 amRNSHalf Year Results
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16th Jul 20215:02 pmRNSNotice of Results
12th Jul 20217:00 amRNSBusiness and traffic commentary June 2021
25th Jun 20218:18 amRNSPublication of Final Terms
14th Jun 20218:12 amRNSMay business and traffic commentary - REPLACEMENT
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11th Jun 20217:29 amRNSBusiness and traffic commentary May 2021
10th Jun 20215:45 pmRNSBoard Appointment
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11th May 20217:00 amRNSBusiness and traffic commentary April 2021
29th Apr 20217:00 amRNS1st Quarter Results
28th Apr 202110:19 amRNSPost Stabilisation Notice-Heathrow Funding Limited
15th Apr 20215:22 pmRNSNotice of Results
13th Apr 20214:55 pmRNSHeathrow secures new CAD 950million ClassA funding
13th Apr 20213:15 pmRNSPublication of Final Terms
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12th Apr 20217:00 amRNSBusiness and traffic commentary March 2021
9th Apr 20217:00 amRNSHeathrow secures new EUR500 million Class A bond
8th Apr 20214:32 pmRNSPublication of Final Terms
1st Apr 20217:00 amRNSHeathrow’s credit ratings update
30th Mar 20219:35 amRNSPre Stabilisation Notice -Heathrow Funding Limited
16th Mar 20216:25 pmRNSPublication of Final Terms
11th Mar 20217:00 amRNSHeathrow traffic and business commentary Feb 2021
9th Mar 20216:08 pmRNSHeathrow re-enters GBP Class B market w £350m bond
8th Mar 20215:25 pmRNSDocuments incorporated by reference
8th Mar 20215:22 pmRNSPublication of Suppl.Prospcts
5th Mar 20219:39 amRNSHeathrow Funding Limited credit ratings affirmed
24th Feb 20217:00 amRNSHeathrow SP Limited - FY2020 results
15th Feb 20213:26 pmRNSNotice of Results
11th Feb 20217:00 amRNSBusiness and traffic commentary January
11th Jan 20217:01 amRNSBusiness and traffic commentary December
18th Dec 20207:00 amRNSPublication of Investor Report
11th Dec 202011:35 amRNSPublication of Final Terms
11th Dec 20207:00 amRNSBusiness and traffic commentary November
25th Nov 202011:07 amRNSHeathrow Finance plc - Interest Rate Step-Up
12th Nov 202012:15 pmRNSHeathrow Finance credit rating update
11th Nov 20207:00 amRNSBusiness and traffic commentary October
28th Oct 20207:00 amRNS3rd Quarter Results
19th Oct 20201:40 pmRNSNotice of Results
13th Oct 20205:09 pmRNSPublication of Final Terms
13th Oct 20201:40 pmRNSPublication of Final Terms
12th Oct 20201:58 pmRNSPublication of Final Terms
12th Oct 20201:55 pmRNSIssue of Debt
12th Oct 20207:00 amRNSBusiness and traffic commentary September

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