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88BX Heathrow6.45% S

106.15
-0.25 (-0.23%)
Last Updated: 08:08:21
Delayed by 15 minutes
Name Symbol Market Type
Heathrow6.45% S LSE:88BX London Medium Term Loan
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  -0.25 -0.23% 106.15 103.80 108.50 106.15 105.25 105.50 0 08:08:21

Heathrow Business and traffic commentary August 2017 (2980Q)

11/09/2017 7:00am

UK Regulatory


Heathrow6.45% S (LSE:88BX)
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RNS Number : 2980Q

Heathrow

11 September 2017

07.00 11(th) September 2017

More passengers and trade send Heathrow soaring to record August high

-- Heathrow rounded off a record summer welcoming 7.5 million passengers in August. It was Heathrow's best-ever August - up 2% on last year - and the second busiest month in the airport's history

-- UK destinations saw 6% passenger growth on the back of recently launched Flybe flights to Scotland. Middle Eastern destinations were also popular with travellers with fuller aircraft leading to a 7% increase in passengers to the region

-- Cargo flowing through the UK's largest port climbed 13% to 139,000 tonnes making August the 13th consecutive record month for cargo volumes at Heathrow

-- Latin America was the fastest growing trading market with cargo volumes increasing 30% in August. North America also performed well with volumes up 13% to nearly 50,000 tonnes as American Airlines, United and Air Canada increased cargo. Strong growth to China, Hong Kong and Singapore also helped East Asia record a 12% cargo uplift

-- Next-generation aircraft are making Heathrow cleaner and quieter with more than 700 additional flights on Boeing 787s this August versus last year - 787s are the fastest growing aircraft type at the UK's hub

-- Earlier this month, Heathrow revealed that 121 sites have bid to help build an expanded Heathrow. The airport is looking to build as much of the project offsite as possible to boost jobs across the country and make the project more affordable and sustainable

-- Lord Blunkett and the Heathrow Skills Taskforce today opened a six-week online forum to gather feedback from across the UK to shape Heathrow's once-in-a-generation careers and skills strategy. With expansion, up to 180,000 jobs and 10,000 apprenticeships will be created

Heathrow CEO John Holland-Kaye said:

"Demand to travel from Heathrow has never been stronger - every day we're welcoming record numbers of passengers to Heathrow with modern British hospitality and our trade with the rest of the world is growing in the double-digits. Heathrow is firing on all cylinders and showing the world our country is open for business."

 
 Traffic Summary 
 
 August 2017 
 
                                                              Jan to                    Sep 2016 
 Terminal Passengers                                             Aug                          to 
  (000s)                          Month   % Change              2017   % Change         Aug 2017   % Change 
 Heathrow                         7,480        1.9            52,140        3.2           77,298        2.6 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
                                                              Jan to                    Sep 2016 
 Air Transport                                                   Aug                          to 
  Movements                       Month   % Change              2017   % Change         Aug 2017   % Change 
 Heathrow                        41,983       -0.1           316,242       -0.2          472,602        0.1 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
                                                              Jan to                    Sep 2016 
 Cargo                                                           Aug                          to 
  (Metric Tonnes)                 Month   % Change              2017   % Change         Aug 2017   % Change 
 Heathrow                       139,023       13.1         1,105,603       10.3        1,644,847        8.7 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
 Market comparison                                            Jan to                    Sep 2016 
  (000s)                                                         Aug                          to 
                                  Month   % Change              2017   % Change         Aug 2017   % Change 
 Market 
=====================  ================  =========  ================  =========  ===============  ========= 
 UK                                 440        6.3             3,169        3.5            4,755        1.2 
 Europe                           3,136        2.1            21,811        2.6           32,299        2.4 
 Africa                             290       -1.8             2,066       -0.6            3,152       -0.5 
 North America                    1,714        0.6            11,627        1.1           17,300        0.3 
 Latin America                      116        1.0               861        3.5            1,255        0.9 
 Middle East                        774        7.1             5,094       11.2            7,476       11.1 
 Asia / Pacific                   1,011       -0.6             7,512        4.0           11,061        3.4 
 Total                            7,480        1.9            52,140        3.2           77,298        2.6 
---------------------  ----------------  ---------  ----------------  ---------  ---------------  --------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCURSKRBWAKARR

(END) Dow Jones Newswires

September 11, 2017 02:00 ET (06:00 GMT)

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