Business World

Friday 20 April 2018

Heathrow sees biggest passenger increase since 2007

Steve Rothwell

London’s Heathrow airport had its biggest traffic boost in 2 1/2 years last month as the economic recovery buoyed demand for travel and snow-free runways allowed more flights to operate than a year earlier.

Passenger numbers at Europe’s busiest hub rose 5.3pc to 4.6 million in February, the largest jump since August 2007, BAA said in a statement today.

Adjusting for weather disruption the gain was 2.7pc, the most since February 2008.

“Heathrow remains resilient and other airports are beginning to see encouraging signs,” BAA Chief Executive Officer Colin Matthews said in the statement.

“However, traffic remains depressed, reflecting tough conditions in the economy generally and in aviation specifically.”

Passenger numbers rose 2.4pc across BAA’s six airports, led by a 4pc gain in long-haul travel away from North Atlantic routes.

Emerging markets showed the strongest rebound, with traffic surging 6.8pc to China, 11pc to the Middle East and almost 18pc to South America.

Traffic at London Gatwick, sold by BAA to buyout firm Global Infrastructure Partners in December under pressure from anti-trust regulators, rose 3.2pc to 2.05 million in February, the airport said yesterday in a statement.

Gains in domestic and European flights offset a slump in US travel.

At BAA, owned by builder Grupo Ferrovial SA, gains at Heathrow, Southampton and Edinburgh more than offset drops at London Stansted and Glasgow and Aberdeen in Scotland.

Domestic traffic rose 1.1pc, the first advance in two years, while European services recorded a 2.6pc gain and North Atlantic routes were up 2.7pc, even after heavy snow in the northeastern US and the Mid West, BAA said.


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