TIDM10FX TIDM88BX
RNS Number : 4630C
Heathrow
11 October 2022
Heathrow busiest European hub over summer, but outlook for
demand remains uncertain
-- Close to 5.8 million passengers travelled through Heathrow in
September, 15% below 2019 levels. The airport recorded the busiest
summer out of any European hub airport.
-- Passenger service levels, which had been higher than any
European hub between January and June, dipped at the beginning of
July as passenger demand started to exceed overall capacity of the
aviation ecosystem, but improved significantly after we introduced
a departing passenger cap, which successfully kept supply and
demand in balance. As a result, the vast majority of passengers
travelling through Heathrow this summer had a very good
experience.
-- Demand outlook remains uncertain, with growing economic
headwinds, a new wave of Covid and the escalating situation in
Ukraine. However we expect peak days at Christmas to be very busy.
Resource levels across the airport, airlines and their ground
handlers have been increasing and we have now removed the cap. We
are working with our airline partners to develop a more targeted
mechanism, which protects passenger service during peak
periods.
-- Our focus over the next 12 months is to get capacity, service
levels and resilience back to the high levels that they were before
the pandemic. This relies on having a regulatory settlement that
provides enough cash flow to invest in our operations and capital
projects, and to maintain an investment grade credit rating.
-- We welcome the ICAO Assembly's landmark commitment to target
net zero carbon emissions for international aviation by 2050. We
have been working hard to build support for this and to ensure that
the government policies are in place to support the rapid increase
in production and use of Sustainable Aviation Fuel.
Heathrow CEO John Holland-Kaye said:
"Heathrow has grown more in the past 12 months than any airport
in Europe and we've delivered a great passenger experience to the
vast majority of travellers. I'm proud of the way our team has
worked with airlines and their ground handlers to get 18 million
passengers successfully away. While we face many economic
headwinds, as well as the legacy of Covid, our aim is to get back
to full capacity and the world-class service people should expect
from the UK's hub airport as soon as possible."
Terminal Passengers Oct
(000s) Jan 2021
to to
Sep Sep Sep
2022 % Change 2022 % Change 2022 % Change
Market
===================== ================== ========= ================ ========= ================ =========
UK 257 24.5 2,378 128.6 3,106 138.6
EU 2,087 78.0 15,574 285.0 18,787 258.9
Non-EU Europe 370 89.9 3,239 296.1 3,958 270.1
Africa 245 201.5 2,043 236.6 2,476 192.2
North America 1,510 279.5 11,070 658.9 12,949 637.4
Latin America 142 226.1 1,240 553.3 1,463 436.3
Middle East 616 132.6 5,003 383.2 6,268 324.5
Asia / Pacific 553 164.0 3,657 277.7 4,428 230.4
Total 5,780 124.8 44,204 335.0 53,435 301.8
--------------------- ------------------ --------- ---------------- --------- ---------------- ---------
Air Transport Oct
Movements Jan 2021
to to
Sep Sep Sep
2022 % Change 2022 % Change 2022 % Change
Market
===================== ================== ========= ================ ========= ================ =========
UK 1,931 11.4 19,430 79.3 25,807 83.7
EU 15,198 52.9 121,239 186.9 151,536 162.8
Non-EU Europe 2,771 71.3 24,382 203.6 30,784 180.7
Africa 1,026 62.9 9,856 84.1 12,389 66.5
North America 6,881 108.2 54,124 141.7 66,502 127.1
Latin America 596 81.2 5,540 211.8 6,920 169.9
Middle East 2,240 37.3 18,712 64.8 24,403 57.5
Asia / Pacific 2,559 24.2 20,293 28.0 27,401 23.6
Total 33,202 56.3 273,576 132.1 345,742 116.6
--------------------- ------------------ --------- ---------------- --------- ---------------- ---------
Oct
Jan 2021
to to
Cargo Sep Sep Sep
(Metric Tonnes) 2022 % Change 2022 % Change 2022 % Change
Market
===================== ================== ========= ================ ========= ================ =========
UK 5 -75.6 101 -45.6 136 -33.8
EU 7,530 -22.2 76,892 -15.1 107,528 -7.2
Non-EU Europe 3,169 -41.3 28,753 -42.1 46,689 -30.8
Africa 5,492 7.9 61,270 9.1 82,714 3.6
North America 44,744 12.9 399,897 16.7 538,917 21.7
Latin America 3,849 69.2 30,800 96.8 38,643 47.7
Middle East 20,741 5.5 174,287 4.6 236,312 5.2
Asia / Pacific 24,569 -29.0 239,891 -16.3 355,613 -7.1
Total 110,098 -5.4 1,011,889 0.4 1,406,551 5.0
--------------------- ------------------ --------- ---------------- --------- ---------------- ---------
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END
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October 11, 2022 02:25 ET (06:25 GMT)
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