Heathrow Traffic and business commentary September 2016 (1690M)
October 11 2016 - 1:00AM
UK Regulatory
TIDM88BX TIDM62CD
RNS Number : 1690M
Heathrow
11 October 2016
07.00 11(th) October 2016
Heathrow cargo soars in the wake of Britain's Brexit vote
-- Heathrow welcomed a record number of passengers in September,
with 6.8 million travelling through the UK's only hub airport
-- Heathrow's cargo volumes surged 6% in September on the back
of growth to East Asia and Latin America (Brazil up 18%, China up
13% and Mexico 7%). Heathrow is Britain's largest port, accounting
for almost 30% of all UK exports by value outside the EU last year
while Gatwick served only 0.2%
-- Emerging market passenger growth was also strong, with China
up 7% and Mexico and India both up 5% - evidence that demand
remains strong to fly from the UK's front door
-- Larger, quieter and more efficient aircraft continued to be a
driver for growth in passenger volumes which were up 0.4% in
September as airlines deploy more and more new generation Airbus
A380s, A350s and Boeing 787s at Heathrow
-- The Scottish Government backed a third runway at Heathrow,
joining the Welsh Government and the DUP in backing Heathrow
expansion as the best option for all of Britain
-- An independent study from the University of Cambridge
confirmed the Airports Commission's analysis that a third runway
can be delivered within tough environmental limits
-- Heathrow announced plans to give Britain a 'Brexit Boost'
with an additional 25,000 flights on existing runways from 2021 -
four years before a third runway would open.
-- As well as adding vital extra capacity on existing routes,
the end of EU regulation offers an opportunity to ring-fence some
of the new slots for "Brexit Boost Routes" including new domestic
connections such as Humberside, Dundee, Newquay or Liverpool and
new long-haul trade routes to growth markets such as Osaka, Kochi,
Wuhan and Quito. Heathrow also plans to boost domestic services by
extending the GBP10 discount on all departing UK flights and
bringing forward to 2021 GBP10m in start-up capital to support new
UK routes
Heathrow CEO John Holland-Kaye said:
"The Prime Minister is clear that her Government will step up
and do what's right for Britain.
"Expanding our country's largest port will give Britain's
businesses the best connected trading network in the world. We'll
show that we're confident about our future and determined to make a
success of Brexit.
"We've had the debate on airport capacity, we've heard all the
arguments and the independent evidence is conclusive - Heathrow
expansion will make Britain stronger and fairer for everyone. Now
is the time to make the right choice for Britain and back
Heathrow."
Traffic Summary
September 2016
Oct 2015
Jan to to
Terminal Passengers Sep Sep
(000s) Month % Change 2016 % Change 2016 % Change
Heathrow 6,793 0.4 57,311 0.7 75,357 1.0
===================== ================ ========= ================ ========= =============== =========
Oct 2015
Jan to to
Air Transport Sep Sep
Movements Month % Change 2016 % Change 2016 % Change
Heathrow 40,614 0.3 357,485 0.0 472,150 -0.2
===================== ================ ========= ================ ========= =============== =========
Oct 2015
Jan to to
Cargo Sep Sep
(Metric Tonnes) Month % Change 2016 % Change 2016 % Change
Heathrow 126,109 5.9 1,128,067 2.1 1,520,006 1.2
===================== ================ ========= ================ ========= =============== =========
Market comparison Oct 2015
(000s) Jan to to
Sep Sep
Month % Change 2016 % Change 2016 % Change
Market
===================== ================ ========= ================ ========= =============== =========
UK 420 -9.5 3,482 -12.3 4,653 -12.5
Europe 2,880 0.3 24,129 1.7 31,564 2.1
Africa 275 -1.4 2,353 -5.3 3,165 -5.5
North America 1,550 -2.3 13,048 -0.4 17,208 0.3
Latin America 102 -5.5 933 3.1 1,237 3.9
Middle East 636 13.0 5,215 8.3 6,800 8.0
Asia / Pacific 930 3.9 8,151 3.2 10,729 3.1
Total 6,793 0.4 57,311 0.7 75,357 1.0
--------------------- ---------------- --------- ---------------- --------- --------------- ---------
Notes to Editors:
-- Cargo / air freight is critical to Heathrow's success in
winning and sustaining long-haul routes for trade and passengers.
Air freight is carried in the belly-holds of passenger planes
-- Heathrow is the largest UK port by value carrying over
GBP100bn of cargo every year, more than the joint total from
Felixstowe and Southampton, the UK's biggest shipping ports
-- As the Airports Commission report stated: "Heathrow is by far
the largest and most important UK airport for freight". Compared to
other UK airports, the Commission said that Heathrow is "better
placed to accommodate high frequencies of less thick long-haul
connections and ... thus more attractive for freight handling.
Another attractive feature of Heathrow for the freight sector is
its central position on the strategic road network."
-- Only Heathrow has plans to significantly increase its
cargo-handling capacity to exploit the opportunities that greater
connectivity brings for British businesses trading with existing
and new markets
This information is provided by RNS
The company news service from the London Stock Exchange
END
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