BAA reports traffic stabilising

BAA, owner of Heathrow, Gatwick and Stansted airports, claims traffic figures indicate that the recent decline may now have stabilised and a recovery is in sight.

August 10: BAA, owner of Heathrow, Gatwick and Stansted airports, claims traffic figures indicate that the recent decline may now have stabilised and a recovery is in sight.

At Heathrow, the airport had its third busiest month on record and its best July since 2006. Across the company’s portfolio of airports, 14.5 million passengers passed through, down just over 2% compared to July 2008 but less than the decline seen in the previous two months. There was a return to growth of just over 1% in European scheduled traffic and nearly 5% in long-haul traffic, although UK domestic traffic was nearly 5% lower and European charters fell by just under 19%.

Although the number of air transport movements was down by 5%, it was offset by increased passenger yield, with the number of passengers per plane averaging 162, the highest figure recorded to date.

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