The Worlds Leading Airport Company
BAA is a leading airport operator. We operate our airports in a way that seeks to meet the needs of passengers and airlines while at the same time providing an appropriate return on investment.
We are regulated on prices by the Civil Aviation Authority (CAA) and the Competition Commission and by the Government and the CAA on all aspects of safety and security. We have a clear accountability to both public duty as well as to our passengers and our shareholders. BAA is owned by ADI Limited, a consortium led by Grupo Ferrovial, and also including Caisse de depot et placement du Quebec and GIC Special Investments.
We know that BAA is, and must be, a responsible custodian and developer of public assets, a good employer, a co-operative partner with government, an equitable partner to airlines, and a good neighbour in the communities where our airports are located, as well as an excellent business.
BAA is a leading airport operator. We operate our airports in a way that seeks to meet the needs of passengers and airlines while at the same time providing an appropriate return on investment.
We are regulated on prices by the Civil Aviation Authority (CAA) and the Competition Commission and by the Government and the CAA on all aspects of safety and security. We have a clear accountability to both public duty as well as to our passengers and our shareholders. BAA is owned by ADI Limited, a consortium led by Grupo Ferrovial, and also including Caisse de depot et placement du Quebec and GIC Special Investments.
We know that BAA is, and must be, a responsible custodian and developer of public assets, a good employer, a co-operative partner with government, an equitable partner to airlines, and a good neighbour in the communities where our airports are located, as well as an excellent business.
BAA Airports Limited News - 10/09/2009
August traffic figures - BAA's airports- Heathrow recorded its busiest ever August – up 0.3%
- Edinburgh Airport grew for fifth consecutive month
- Group wide traffic declined 3.1% and outlook for remaining months of 2009 is challenging
Heathrow Airport handled 6.4 million passengers in August 2009 – up by 0.3% on 2008 - recording its busiest ever August, fuelled by a strong leisure market and Heathrow’s powerful network of international routes.
Heathrow’s figures for August suggest that people are cutting back on leisure travel less than business travel.
The significance of long-haul markets not only to UK business but also to UK society was illustrated by a 19% increase in traffic to India. The people and communities who use these routes to visit friends and family here and around the world count on Heathrow as the only London airport that serves India.
The number of passengers transferring at Heathrow continues to rise, with travellers taking advantage of the shorter waiting times between connections at Heathrow, which come from the high frequency of services and the improved terminal facilities. The pound’s position against the dollar and euro has also helped Heathrow’s transfer business. Airline load factors grew by 2.7% to 81%.
In aggregate, BAA’s seven UK airports handled a total of 14.4 million passengers in August, a drop of 3.1% on the same month last year.
Colin Matthews, BAA’s chief executive, said: “Heathrow’s traffic performance in July and August was good. The airport benefits from being the hub of a strong international route network, which is important both socially and economically.
“However, industry conditions remain difficult. A continuation of the improving trend at Heathrow depends on business travellers re-establishing face-to-face contact with global markets."
Around the airports, performance was mixed. There were again signs of a revival in European Scheduled traffic (+0.4%). Long Haul traffic, excluding North Atlantic, was up by 4.0%. North Atlantic traffic remained weak with a 7.7% drop on last August. Domestic traffic fell by 5.9%.
Gatwick’s performance is improving. While it recorded a 4.6% reduction against August 2008, it was the only airport to grow its domestic market (1.2%) and its important European scheduled traffic grew by 5.6%.
Edinburgh’s numbers are up for the fifth consecutive month (4.8%), helped by new low-cost scheduled services to Europe. Stansted recorded a drop of 7.8%, largely down to airline capacity reductions and Southampton’s figures fell by 3.7%. Glasgow recorded a 13.4% decrease in August, and Aberdeen was 9.8% down on last year.
For the Group as a whole the number of air transport movements in August was 5.2% lower than a year ago when airlines were only beginning to respond to the downturn in traffic by cutting services. The drop in cargo tonnage (-7.5%) marked the first time since November 2008 that the decrease has been in single figures and August was the fourth consecutive month of reducing losses.
Further information from: -
Heathrow Airport press office, +44 (0) 208 745 7224