The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

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

Related Shares

Back to RNS

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.