Heathrow Business and traffic commentary Oct 2022 (0670G)

TIDM10FX TIDM88BX

RNS Number : 0670G

Heathrow

11 November 2022

Heathrow is ready for biggest Christmas in three years

-- We have served 5.9m passengers in October, 84% of 2019 levels. Year to date we have served 50m passengers, 74% of 2019 levels. The leisure market has been buoyant thanks to the half term getaway, with our busiest day since July, and we are also seeing the gradual return of business travellers too. Strong recovery in the Middle East and Central Asia seen in October is expected to continue into November

-- The increase in passenger numbers this year is higher than at any other airport in Europe. Companies across Heathrow have done an incredible job in recruiting and training around 16,000 colleagues over the last 12 months, which is keeping capacity and demand in balance. At current rates of recruitment, we are on track to get back to pre-pandemic employment levels before the peak summer holiday period in 2023

-- Passenger service levels have been steadily improving, and we are honoured to have been named the 'best airport in Europe' by Business Traveller magazine. We are planning investments of over GBP4bn in the next few years which will make the journey through Heathrow even better, including new security lanes which will allow passengers to leave laptops and liquids in their bags, and a new baggage system for Terminal 2, subject to a regulatory settlement that supports investment

-- We have been working with airlines and their ground handlers to prepare for the Christmas peak, and have a good plan, which will not require any capacity cap. We are aware of potential strike action at a number of organisations, including a national Border Force strike. We are supporting organisations on contingency plans to minimise any impact, and encourage all parties to put the interests of passengers first

-- We are delighted to welcome new airlines such as Loganair and India's Vistara, which strengthen Heathrow's role in connecting all of Britain to the growing markets of the world. We are proposing changes to our landing charges for 2023 which will support more connections to the UK's regions and nations

Heathrow CEO John Holland-Kaye said:

"We have come so far since Omicron grounded Christmas travel plans last year. Heathrow, our airline partners and their handlers are all working together to make sure everyone can be reunited with their loved ones this Christmas."

 
 Terminal Passengers                                         Jan 
  (000s)                                                      to                     Nov 2021 
                                   Oct                       Oct                           to 
                                  2022   % Change           2022   % Change          Oct 2022   % Change 
 Market 
=====================  ===============  =========  =============  =========  ================  ========= 
 UK                                298       21.7          2,676      108.2             3,159      121.6 
 EU                              2,019       50.9         17,594      226.8            19,468      226.0 
 Non-EU Europe                     405       52.6          3,644      236.5             4,098      232.7 
 Africa                            258      123.7          2,301      218.6             2,619      193.2 
 North America                   1,540      256.4         12,610      566.9            14,056      570.3 
 Latin America                     152      212.3          1,393      483.6             1,567      420.3 
 Middle East                       658       73.5          5,660      300.2             6,547      275.6 
 Asia / Pacific                    563      156.6          4,221      255.3             4,772      233.0 
 
 Total                           5,893       93.6         50,098      279.4            56,285      272.8 
---------------------  ---------------  ---------  -------------  ---------  ----------------  --------- 
 
 
 Air Transport                                               Jan 
  Movements                                                   to                     Nov 2021 
                                   Oct                       Oct                           to 
                                  2022   % Change           2022   % Change          Oct 2022   % Change 
 Market 
=====================  ===============  =========  =============  =========  ================  ========= 
 UK                              2,296       13.3         21,726       68.9            26,076       79.3 
 EU                             15,627       43.5        136,866      157.5           156,271      160.8 
 Non-EU Europe                   2,953       40.0         27,335      169.6            31,628      170.5 
 Africa                          1,123       59.7         10,979       81.3            12,809       72.9 
 North America                   7,083       92.1         61,207      134.7            69,898      127.6 
 Latin America                     626       65.2          6,166      186.0             7,167      163.3 
 Middle East                     2,264       20.8         20,976       58.6            24,793       54.7 
 Asia / Pacific                  2,608       14.6         22,901       26.3            27,734       23.2 
 
 Total                          34,580       44.4        308,156      117.3           356,376      115.3 
---------------------  ---------------  ---------  -------------  ---------  ----------------  --------- 
 
 
                                                             Jan 
                                                              to                     Nov 2021 
 Cargo                             Oct                       Oct                           to 
  (Metric Tonnes)                 2022   % Change           2022   % Change          Oct 2022   % Change 
 Market 
=====================  ===============  =========  =============  =========  ================  ========= 
 UK                                  4      -77.8            105      -48.7               120      -43.9 
 EU                              8,263      -24.9         85,155      -16.2           104,787      -11.4 
 Non-EU Europe                   3,511      -46.9         32,263      -42.7            43,587      -36.3 
 Africa                          5,946       -5.9         67,215        7.6            82,339        4.7 
 North America                  46,443        1.8        446,340       14.9           539,720       18.7 
 Latin America                   4,454       59.6         35,253       91.2            40,306       58.7 
 Middle East                    20,434       -7.0        194,720        3.3           234,766        3.6 
 Asia / Pacific                 26,030      -33.7        265,922      -18.4           342,387      -12.8 
 
 Total                         115,084      -13.9      1,126,974       -1.3         1,388,013        1.7 
---------------------  ---------------  ---------  -------------  ---------  ----------------  --------- 
 
 

Note to editors: All percentages indicate change against same period 12 months previous.

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November 11, 2022 02:00 ET (07:00 GMT)