Heathrow Business and traffic commentary February 2018 (3369H)
12 March 2018 - 6:00PM
UK Regulatory
TIDM88BX TIDM10FX
RNS Number : 3369H
Heathrow
12 March 2018
07.00 12(th) March 2018
Heathrow's cargo performance takes off in February
-- Heathrow welcomed a record 5.4 million passengers in
February, an increase of 2.4% on last year
-- Emerging markets were a key source of growth ,with South Asia
up 12.7% and Latin America up 6.5%, boosted by airlines flying
larger, fuller aircraft to Heathrow
-- Domestic routes also grew strongly in February, up 3.6% as
regional airline Flybe carried an extra 17,000 passengers in the
month
-- Trade through the UK's biggest port by value jumped by 5% in
February on the back of growth in North American and East Asian
markets, securing Heathrow's 19(th) consecutive month of record
cargo growth
-- The record cargo performance is increasing the strain on
Britain's global trading infrastructure and underscores the need to
expand Heathrow at pace. New analysis released in February revealed
that six of Britain's key trading routes, accounting for nearly 20%
of the trade through Heathrow are already full - including
Shanghai, Tokyo Haneda, Delhi, Mumbai, Los Angeles and Dubai
-- Heathrow published its first Export Climate Index which
tracks the health of the UK's export economy. The new report
revealed that UK exporters are in their strongest position since
2000 - a positive sign as the UK approaches the anniversary of
article 50 being triggered
Heathrow CEO John Holland-Kaye said:
"Today's figures show that Heathrow is filling up fast - if we
don't act soon to expand our nation's global gateway, the UK will
only fall further behind our European rivals. A prosperous,
global-trading Britain needs an expanded Heathrow now."
Traffic Summary
February 2018
Mar 2017
Jan to to
Terminal Passengers Feb Feb
(000s) Month % Change 2018 % Change 2018 % Change
Heathrow 5,392 2.4 11,197 1.7 78,179 2.9
===================== ================= ========= ================= ========= ================= =========
Mar 2017
Jan to to
Air Transport Feb Feb
Movements Month % Change 2018 % Change 2018 % Change
Heathrow 35,144 0.8 73,205 1.7 475,241 0.7
===================== ================= ========= ================= ========= ================= =========
Mar 2017
Jan to to
Cargo Feb Feb
(Metric Tonnes) Month % Change 2018 % Change 2018 % Change
Heathrow 133,140 5.0 266,170 6.0 1,713,412 10.4
===================== ================= ========= ================= ========= ================= =========
Market comparison Mar 2017
(000s) Jan to to
Feb Feb
Month % Change 2018 % Change 2018 % Change
Market
===================== ================= ========= ================= ========= ================= =========
UK 347 3.6 707 5.2 4,837 4.1
Europe 2,246 1.8 4,465 1.6 32,554 2.2
Africa 251 4.3 537 3.6 3,189 1.0
North America 1,004 0.3 2,223 -0.3 17,352 1.1
Latin America 99 6.5 215 6.7 1,307 6.9
Middle East 567 1.9 1,198 -0.0 7,622 6.8
Asia / Pacific 877 5.2 1,852 3.4 11,319 4.6
Total 5,392 2.4 11,197 1.7 78,179 2.9
--------------------- ----------------- --------- ----------------- --------- ----------------- ---------
This information is provided by RNS
The company news service from the London Stock Exchange
END
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