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BAA says Heathrow passenger numbers reach record | BAA says Heathrow passenger numbers reach record |
(30 minutes later) | |
The number of passengers using BAA's Heathrow airport rose 5% to reach a record 69.4 million last year while losses for the company narrowed. | The number of passengers using BAA's Heathrow airport rose 5% to reach a record 69.4 million last year while losses for the company narrowed. |
BAA made a loss of £255.8m in the year to 31 December, after losing £316.6m the year before. | BAA made a loss of £255.8m in the year to 31 December, after losing £316.6m the year before. |
Passengers at its Stansted airport, however, fell by 2.8% to 18 million. | Passengers at its Stansted airport, however, fell by 2.8% to 18 million. |
BAA owns a number of airports in the UK, including Edinburgh and Glasgow, although it is selling Edinburgh after a Competition Commission ruling. | BAA owns a number of airports in the UK, including Edinburgh and Glasgow, although it is selling Edinburgh after a Competition Commission ruling. |
It has also been ordered to sell Stansted, a ruling it has contested but so far has been unable to overturn. | It has also been ordered to sell Stansted, a ruling it has contested but so far has been unable to overturn. |
BAA said it was considering its next move. | BAA said it was considering its next move. |
The company, 49.9% of which is owned by the Spanish infrastructure group Ferrovial, said the total number of passengers at its airports rose 3.7% to 87.4 million. | |
"Growth [at Heathrow] was particularly strong, with countries such as the US, Germany, Switzerland, France and Brazil," BAA said. | "Growth [at Heathrow] was particularly strong, with countries such as the US, Germany, Switzerland, France and Brazil," BAA said. |
"Of Heathrow's major markets, European traffic showed the most significant year-on-year growth, increasing 7.6% to 28.5 million passengers." | "Of Heathrow's major markets, European traffic showed the most significant year-on-year growth, increasing 7.6% to 28.5 million passengers." |
Heathrow operates at almost full capacity and BAA said the airport used a record 99.2% of its maximum permitted annual arrivals and departures last year. | Heathrow operates at almost full capacity and BAA said the airport used a record 99.2% of its maximum permitted annual arrivals and departures last year. |
BAA said this meant it was unable to keep up with demand for new routes to growing markets in places in Asia, such as Manila, Shenzhen and Jakarta. | BAA said this meant it was unable to keep up with demand for new routes to growing markets in places in Asia, such as Manila, Shenzhen and Jakarta. |