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88BX Heathrow6.45% S

106.15
-0.25 (-0.23%)
Last Updated: 11:47:54
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% 106.15 103.80 108.50 106.275 105.25 105.50 0 11:47:54

Heathrow Business and traffic commentary February 2017 (1143Z)

10/03/2017 7:01am

UK Regulatory


Heathrow6.45% S (LSE:88BX)
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RNS Number : 1143Z

Heathrow

10 March 2017

07.00 10(th) March 2017

2017 off to a flying start with Heathrow's best-ever February

-- In its best February performance to-date, Heathrow welcomed a record 5.27m passengers (+5.5% when adjusted to remove last year's leap day) alongside surging cargo volumes with 127,000 metric tonnes travelling through the UK's largest port in just 28 days (+4.4%)

-- Larger, fuller, quieter and cleaner aircraft continued to drive Heathrow passenger growth in February as a more resilient UK economy saw travel demand pushed higher than expected

-- Emerging markets contributed to Heathrow's strong February cargo performance, with volumes up to Brazil (+10%), India (+5%) and China (+4.2%) alongside healthy growth to North America (+7%) and the Middle East (+8%)

-- Passengers ranked Heathrow as the best major airport in Europe for the second year running at the annual Airports Council International awards

-- Heathrow unveiled an ambitious new sustainability leadership strategy - Heathrow 2.0 - aimed at making the airport a centre of excellence for sustainable aviation

-- Planning for Heathrow expansion is firmly underway as announced it would host six procurement events this year from Devon to Scotland in addition to its successful London Business Summit all aimed at increasing the numbers of SMEs in the airport's supply chain

-- Over 6,000 local young people attended Heathrow's 10(th) annual Jobs & Careers Fair meeting face-to-face with employers and learning about the wide variety of career and training opportunities on offer at the airport

Heathrow CEO John Holland-Kaye said:

"Heathrow is off to a flying start in 2017 - we're delivering the best service of any major airport in Europe to record numbers of passengers and boosting British exports with record cargo volumes. Our new sustainability leadership strategy will make Heathrow a centre of excellence for sustainable aviation and planning for expansion is firmly underway with SMEs across Britain lining up to help us deliver it."

 
 Traffic Summary 
 
 February 2017 
 
                                                                  Jan 
                                                                   to                    Mar 2016 
 Terminal Passengers                                              Feb                          to 
  (000s)                           Month   % Change              2017   % Change         Feb 2017   % Change 
 Heathrow                          5,266        1.7            11,006        3.0           75,995        1.0 
=====================  =================  =========  ================  =========  ===============  ========= 
 
 
                                                                  Jan 
                                                                   to                    Mar 2016 
 Air Transport                                                    Feb                          to 
  Movements                        Month   % Change              2017   % Change         Feb 2017   % Change 
 Heathrow                         34,872       -3.6            71,997       -1.6          472,075       -0.2 
=====================  =================  =========  ================  =========  ===============  ========= 
 
 
                                                                  Jan 
                                                                   to                    Mar 2016 
 Cargo                                                            Feb                          to 
  (Metric Tonnes)                  Month   % Change              2017   % Change         Feb 2017   % Change 
 Heathrow                        126,812        4.4           251,212        4.4        1,551,776        3.2 
=====================  =================  =========  ================  =========  ===============  ========= 
 
 
 Market comparison                                                Jan 
  (000s)                                                           to                    Mar 2016 
                                                                  Feb                          to 
                                   Month   % Change              2017   % Change         Feb 2017   % Change 
 Market 
=====================  =================  =========  ================  =========  ===============  ========= 
 UK                                  336       -2.3               672       -0.4            4,645       -8.2 
 Europe                            2,207        0.9             4,396        2.6           31,848        1.6 
 Africa                              241       -0.8               519       -1.3            3,157       -3.4 
 North America                     1,001       -1.7             2,229       -0.6           17,158       -1.0 
 Latin America                        93       -2.3               201       -1.3            1,223        0.1 
 Middle East                         556       15.3             1,199       17.3            7,138       10.6 
 Asia / Pacific                      833        2.8             1,791        3.2           10,826        2.6 
 Total                             5,266        1.7            11,006        3.0           75,995        1.0 
---------------------  -----------------  ---------  ----------------  ---------  ---------------  --------- 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCSFLSMSFWSEID

(END) Dow Jones Newswires

March 10, 2017 02:01 ET (07:01 GMT)

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