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

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Business and traffic commentary September 2021

11 Oct 2021 07:00

RNS Number : 5764O
Heathrow
11 October 2021
 

Heathrow urges Ministers to announce a Sustainable Aviation Fuel mandate at COP26 to cut aviation emissions

 

· Passenger numbers remained at just under 40% of pre-pandemic levels in September, whilst EU rivals enjoyed stronger resurgence over summer. North American traffic is only 25% of 2019 levels. Cargo, which is carried in the hold of passenger planes, was close to 8% down by volume on 2019, reflecting the way in which travel restrictions have been damaging UK exports and supply chains.

· We welcome the easing of testing requirements and red-list reduction, which will make international travel simpler, cheaper and less stressful for all passengers. The removal of PCR tests for vaccinated travellers in October and the opening up in the US should mean that passengers can book with confidence for Half Term and Christmas travel, and put us on track for recovery.

 

· We are delighted that IATA has made a global commitment to net zero aviation by 2050, which is a key milestone to securing a global agreement at ICAO in September 2022. We urge the UK government to show leadership by putting the policies in place to scale up the production of sustainable aviation fuels in the UK - a progressively increasing mandate, a price support mechanism (such as contracts for difference), and loan guarantees.

 

Heathrow CEO, John Holland-Kaye said: "We should aim for 2019 to have been the peak year for fossil fuel use in global aviation. The UK Government can show real leadership in decarbonising aviation at COP26, by setting a progressively increasing mandate and a plan to use contracts for difference to accelerate the transition to Sustainable Aviation Fuel in the UK, which will protect the benefits of flying for future generations."

September 2021

Terminal Passengers(000s)

Sep 2021

% Change

Jan toSep 2021

% Change

Oct 2020 toSep 2021

% Change

Market

UK

207

110.8

1,040

-13.2

1,302

-46.7

EU

1,173

79.5

4,045

-41.1

5,234

-61.3

Non-EU Europe

195

51.2

818

-46.6

1,069

-63.2

Africa

81

67.5

607

-33.1

847

-52.8

North America

398

371.9

1,459

-59.1

1,756

-78.6

Latin America

44

273.8

190

-45.5

273

-60.5

Middle East

265

134.6

1,035

-48.8

1,477

-63.3

Asia / Pacific

210

76.0

968

-61.9

1,340

-74.7

Total

2,571

104.6

10,163

-46.4

13,299

-65.8

Air Transport Movements

 Sep 2021

% Change

Jan toSep 2021

% Change

Oct 2020 toSep 2021

% Change

Market

UK

1,734

91.8

10,837

-9.3

14,045

-37.9

EU

9,939

45.6

42,262

-36.9

57,662

-51.0

Non-EU Europe

1,618

31.9

8,031

-42.6

10,965

-55.6

Africa

630

22.6

5,353

-0.3

7,440

-19.5

North America

3,305

61.4

22,395

-19.5

29,281

-39.4

Latin America

329

95.8

1,777

-18.3

2,564

-29.8

Middle East

1,632

41.9

11,353

-9.1

15,498

-24.0

Asia / Pacific

2,061

26.9

15,858

-13.5

22,175

-26.1

Total

21,248

46.9

117,866

-25.9

159,630

-42.3

Cargo(Metric Tonnes)

Sep 2021

% Change

Jan toSep 2021

% Change

Oct 2020 toSep 2021

% Change

Market

UK

21

233.0

185

-17.3

205

-46.0

EU

9,677

40.1

90,559

78.5

115,928

55.8

Non-EU Europe

5,402

29.0

49,665

75.8

67,467

58.5

Africa

5,088

-2.0

56,151

23.5

79,860

15.8

North America

39,635

36.5

342,713

19.6

442,834

3.6

Latin America

2,275

-23.4

15,647

-32.7

26,164

-28.4

Middle East

19,665

13.8

166,591

8.4

224,596

1.5

Asia / Pacific

34,627

40.4

286,740

27.8

382,681

12.9

Total

116,389

29.0

1,008,251

24.1

1,339,736

10.7

 

 

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MSCFLFEEIALILIL
Date   Source Headline
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27th Apr 20163:57 pmRNSPublication of Supplement to Base Prospectus
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12th Apr 20169:30 amRNSChief Financial Officer (CFO) to step down
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23rd Feb 20167:00 amRNSFinal Results
11th Feb 20167:00 amRNSTraffic and business commentary January 2016
5th Feb 201612:04 pmRNSNotice of Results
25th Jan 20163:33 pmRNSHeathrow places CHF400 million 8 year bond
25th Jan 201611:43 amRNSPublication of Documents Incorporated by Reference
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11th Jan 20167:00 amRNSTraffic and business commentary December 2015
17th Dec 20157:00 amRNSSir Nigel Rudd to step down as Chairman in 2016
14th Dec 20157:00 amRNSPublication of Investor Report
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11th Nov 20157:00 amRNSTraffic and business commentary October 2015

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