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88BX Heathrow6.45% S

105.925
-0.35 (-0.33%)
20 Dec 2024 - Closed
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
  -0.35 -0.33% 105.925 103.25 108.60 105.925 105.675 105.75 0 15:30:34

Heathrow Business and traffic commentary FY and Dec 2017 (5487B)

11/01/2018 7:00am

UK Regulatory


Heathrow6.45% S (LSE:88BX)
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RNS Number : 5487B

Heathrow

11 January 2018

07.00 11(th) January 2018

Record breaking year at Heathrow as 78m passengers travel through in 2017

Full Year 2017

-- A record breaking 78 million passengers travelled through the airport in 2017, up 3.1% on last year with passenger volumes driven by larger and fuller aircraft

-- Heathrow became one of the fastest growing major European hubs for cargo, with 1.7 million metric tonnes travelling through the airport - equivalent to the weight of 134,000 London buses or 136 London Shards. Across the year, the key markets for cargo were the US, East Asia, and Europe

-- The UK's only hub airport delivered outstanding customer service in 2017, and was named both 'Best Airport in Western Europe' for the third year running and 'Best Airport for Shopping' for the eight year running in the Skytrax World Airport Awards

-- Heathrow's annual noise and contour report revealed that the airport's noise footprint was at its smallest recorded level in 11 years with 15% fewer households affected by noise, as a result of working with airlines to encourage the use of quieter aircraft. Night time jet movements also decreased by a third (32%) in 2017

-- Key milestones were also achieved in the delivery of Heathrow's expansion, with the airport launching its first public planning consultation in coming days

December 2017

-- Passenger volumes continued to grow in December, with over 6.3 million passengers travelling through the airport (+2.8%). In the run up to Christmas, 248,288 passengers flew through Heathrow on the 22nd, making this our busiest day of the month

-- Domestic and emerging markets continued to be sources of growth, with UK travel up 6.6% and travel to Asia up 5.5% on last year

-- Over 143,000 metric tonnes travelled through Heathrow in December (+7.3%), as the UK economy benefited from the end-of-year peak around the world. The USA, Japan and Hong Kong were among the fastest growing markets for cargo

Heathrow CEO John Holland-Kaye said:

"Heathrow had its best year ever in 2017 helping to strengthen the British economy as the country seeks to redefine its role in the world. Our colleagues welcomed 78 million passengers and supported the delivery of record volumes of British trade to markets around the world. We're looking forward to continuing to deliver for Britain in 2018 as we progress our expansion plans."

 
 Traffic Summary 
 
 December 2017 
 
                                                                                       Jan 2017 
                                                             Jan to                          to 
 Terminal Passengers                                            Dec                         Dec 
  (000s)                          Month   % Change             2017   % Change             2017   % Change 
 Heathrow                         6,336        2.8           77,989        3.1           77,989        3.1 
=====================  ================  =========  ===============  =========  ===============  ========= 
 
 
                                                                                       Jan 2017 
                                                             Jan to                          to 
 Air Transport                                                  Dec                         Dec 
  Movements                       Month   % Change             2017   % Change             2017   % Change 
 Heathrow                        37,735        2.3          474,033        0.2          474,033        0.2 
=====================  ================  =========  ===============  =========  ===============  ========= 
 
 
                                                                                       Jan 2017 
                                                             Jan to                          to 
 Cargo                                                          Dec                         Dec 
  (Metric Tonnes)                 Month   % Change             2017   % Change             2017   % Change 
 Heathrow                       143,353        7.3        1,698,455       10.2        1,698,455       10.2 
=====================  ================  =========  ===============  =========  ===============  ========= 
 
 
 Market comparison                                                                     Jan 2017 
  (000s)                                                     Jan to                          to 
                                                                Dec                         Dec 
                                  Month   % Change             2017   % Change             2017   % Change 
 Market 
=====================  ================  =========  ===============  =========  ===============  ========= 
 UK                                 385        6.6            4,802        3.3            4,802        3.3 
 Europe                           2,473        1.4           32,485        2.4           32,485        2.4 
 Africa                             296        4.4            3,170        0.2            3,170        0.2 
 North America                    1,402        1.5           17,358        1.1           17,358        1.1 
 Latin America                      109       13.1            1,293        5.5            1,293        5.5 
 Middle East                        696        2.7            7,622        9.5            7,622        9.5 
 Asia / Pacific                     975        5.5           11,258        4.5           11,258        4.5 
 Total                            6,336        2.8           77,989        3.1           77,989        3.1 
---------------------  ----------------  ---------  ---------------  ---------  ---------------  --------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCVBLFFVFFZBBX

(END) Dow Jones Newswires

January 11, 2018 02:00 ET (07:00 GMT)

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