22.02.10
Heathrow is recovering lost passengers faster than its rival European hubs, as in the long haul markets on which it depends begin to pick up. Colin Matthews, BAA chief executive, said today: ‘Heathrow has clearly past the low point in terms of passenger numbers. We are not seeing a sharp recovery, but the worst has passed.’
Passenger numbers at Europe’s busiest airport rose 1.1% in the last quarter of 2009, rebounding from a 2.3% drop in the first 9 months. For the year passengers dropped by 1.5% to 65.9m, but that compares with declines of at least 4.5% at rival hubs in Paris, Frankfurt and Amsterdam.
Mr Matthews said Heathrow fared better than its European rivals because it is operating close to capacity, with any fall in passengers flying to and from London taken up by people using the airport to transfer to other cities. The pound’s decline against the dollar and the euro may also be making Britain a more attractive destination.
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