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BBT March/April 2019 cover
March/April 2019

Heathrow traffic to emerging markets soars

Heathrow passenger growth to emerging markets surged last month compared to the same period last year.

The airport saw passenger numbers increase in areas such as Mexico (29.5%), China (13.7%) and Brazil (1.6%). Middle East traffic was also up 13.3% as carriers added new A380s to these routes.

Heathrow CEO John Holland-Kaye said last month’s decision by the Airports Commission to recommend a new third runway at the airport was important to increase trade to all markets around the world.

“I agree with the prime minister’s comments during the recent trade mission to South East Asia that Britain should be trading more with the rest of the world,” said Holland-Kaye.

“As the UK’s largest port, Heathrow is the beating heart of Britain’s trading network. Our best exports, whether Scottish salmon or life-saving pharmaceuticals, all pass through Heathrow on their way to markets across the globe. With expansion, we can add connections to new markets, opening up the lucrative trade routes that will secure British prosperity over the coming decades.”

Overall Heathrow saw 7.29 million passengers pass through the airport, an increase of 4.7 per cent on the same period last year.

Heathrow also reported that larger, quieter, fuller aircraft continued to be a driver for passenger growth at Heathrow. Seats per aircraft increased 2.3 per cent to 209.6 while passengers per aircraft rose 4.1 per cent to 175.6 and load factors increased 1.8 per cent to 83.8 per cent.

Comments

With regards to the 25% compensation on offer, The Davis Report mentioned that Heathrow Airport are recommended to pay a World Class Compensation Package, 25% is far from World Class. billions of pounds at stake to the economy, yet a pitiful 25% compensation is offered to the residents of the CPO area. The BCC have already recommended that 50% above market value be offered to residents of large infrastructure projects ....

Cyprus's picture
Cyprus (not verified)

I’m saddened as nothing is ever mentioned by our MPs and Business leaders about the residents of the CPO area, despite many articles written often barely mentioning those 750 residents who will lose their homes. Our house prices and lives are on hold & have been suppressed for years, due to the incompetence of MPs and not concerned in our insecurities. House prices have risen threefold in surrounding areas like Uxbridge, Hayes, Slough Etc. It’s great offering compensation but has anyone actually surveyed to see if one could purchase like for like with the 25% on offer, I suspect NOT. The Government and Heathrow need to get unpretentious, this area is blighted. The 25% offer is not enough to acquire a home in the current conditions. With fewer houses for sale in locality, residents won’t have adequate funds to purchase a home let alone find one, leaving residents no alternative but to move away, even those who work at Heathrow.
Sir Howard Davis Recommends in his report that HAL should also be prepared to go further if it is to demonstrate a genuine commitment to a world-class compensation package that matches the scale of its business ambitions. Clearly he sees the 25% offer as insufficient. The (BCC) published its Autumn 2014 Statement submission, Is calling on the government to introduce new measures to accelerate the progress of infrastructure projects that are economically critical, both locally and nationally. Increase the compensation for people required to sell their home to make way for infrastructure projects.
The BCC proposes to increase compensation to 50% above the open market value. This will better distribute the benefits of the development to those directly impacted and match international best practice.
Garden Villages Recommendation Feb 2015: Another recommendation of 50% above the market value should be offered householders; this would be fair compensation for people requiring moving, permitting them to purchase an equivalent/better home or farm elsewhere if they wished or significant cash in hand, therefore reducing local opposition. It should reduce the likelihood of recourse to having to apply the compulsory purchase powers of the New Towns Act. The 2 articles above both recommends 50% above market value compensation leaves me with no doubt that Heathrow aren’t paying Wold Class Compensation at 25%. They need to understand the meaning of COMPENSATION.

Mr Currie's picture
Mr Currie (not verified)

With regards to the 25% compensation on offer, The Davis Report mentioned that Heathrow Airport are recommended to pay a World Class Compensation Package, 25% is far from World Class. billions of pounds at stake to the economy, yet a pitiful 25% compensation is offered to the residents of the CPO area. The BCC have already recommended that 50% above market value be offered to residents of large infrastructure projects ....do the maths

Nick Louder's picture
Nick Louder (not verified)

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