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88BX Heathrow6.45% S

106.275
-0.125 (-0.12%)
Last Updated: 13:59:32
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
  -0.125 -0.12% 106.275 103.80 108.75 106.275 105.25 105.50 0 13:59:32

Heathrow Traffic and business commentary March 2016 (7176U)

11/04/2016 7:00am

UK Regulatory


Heathrow6.45% S (LSE:88BX)
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RNS Number : 7176U

Heathrow

11 April 2016

07.00 11(th) April 2016

New Heathrow connections spur growth

-- Heathrow welcomed a record 6.1 million passengers in March (+2.5% on March 2015). Larger, quieter, fuller aircraft continued to be a driver for growth in passenger volumes

-- Fast-growing emerging markets continued to contribute increased passenger volumes, including to China which was up 12%, Mexico 6%, India 4% and the Middle East which was up 9% as carriers continued to benefit from new aircraft including A380s. Emirates added a sixth daily Dubai service in March following a slot transfer and from July will operate the service with its world-class A380

-- East Asia continues to perform strongly, with both passenger and cargo volumes up 6% in part following the launch of Vietnam Airlines' services and increase in frequency to Hanoi and Ho Chi Minh City after switching from Gatwick last year and British Airways' new flights to Kuala Lumpur

-- After six years of seeking slots at the UK's only hub, Garuda Indonesia began the UK's first direct services to Jakarta in March. The new services offer improved and more convenient access for British SMEs to Southeast Asia's largest economy

-- Heathrow continues to drive improvements to make the airport the most sustainable hub in the world - launching a new WebPortal aimed at consolidating freight loads, and decreasing the amount of trucks and emissions on roads around the airport. As the UK's largest port, Heathrow is aiming to encourage freight companies to operate more sustainably

Heathrow CEO John Holland-Kaye said:

"It's been a record March for Heathrow and I'm delighted that we've added the UK's first direct connection to Indonesia. As Southeast Asia's largest economy, Garuda Indonesia's new route will be a significant boon for British SMEs looking for new export opportunities.

But it isn't just Indonesia waiting to access the UK's only hub - there is a queue of over 30 airlines waiting for slots from Heathrow. With expansion, we can supercharge British trade by opening up 40 new long haul trading links with the fastest growing markets in the world. Let's make it happen."

 
 
 
   Traffic Summary 
 
 March 2016 
 
                                                                 Jan                    Apr 2015 
                                                                  to                          to 
 Terminal Passengers                                             Mar                         Mar 
  (000s)                          Month   % Change              2016   % Change             2016   % Change 
 Heathrow                         6,101        2.5            16,788        2.6           75,387        2.3 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
                                                                 Jan                    Apr 2015 
                                                                  to                          to 
 Air Transport                                                   Mar                         Mar 
  Movements                       Month   % Change              2016   % Change             2016   % Change 
 Heathrow                        39,189       -0.9           112,340        0.6          472,690        0.5 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
                                                                 Jan                    Apr 2015 
                                                                  to                          to 
 Cargo                                                           Mar                         Mar 
  (Metric Tonnes)                 Month   % Change              2016   % Change             2016   % Change 
 Heathrow                       131,661       -3.8           372,299        0.4        1,498,020       -1.1 
=====================  ================  =========  ================  =========  ===============  ========= 
 
 
 Market comparison                                               Jan                    Apr 2015 
  (000s)                                                          to                          to 
                                                                 Mar                         Mar 
                                  Month   % Change              2016   % Change             2016   % Change 
 Market 
=====================  ================  =========  ================  =========  ===============  ========= 
 UK                                 380      -13.9             1,055      -12.0            4,998       -6.2 
 Europe                           2,530        3.9             6,814        4.2           31,448        4.6 
 Africa                             268       -6.6               794       -5.7            3,250       -7.0 
 North America                    1,362        3.5             3,603        3.3           17,379        1.5 
 Latin America                       97        3.6               301        5.6            1,225        6.7 
 Middle East                        572        9.0             1,595        6.7            6,499        6.1 
 Asia / Pacific                     892        4.5             2,626        4.5           10,588        1.5 
 Total                            6,101        2.5            16,788        2.6           75,387        2.3 
---------------------  ----------------  ---------  ----------------  ---------  ---------------  --------- 
 
 

This information is provided by RNS

The company news service from the London Stock Exchange

END

MSCIMMTTMBMBTTF

(END) Dow Jones Newswires

April 11, 2016 02:00 ET (06:00 GMT)

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