Airports hit by the credit crunch

Published:
21 October 2008
Topic:
News,Money,Travel,Travel Money,Flights,Holidays,UK Breaks

Passenger numbers at UK airports have been hit by the perfect storm tearing through global financial markets.

The turbulence that caused the collapse of UK carrier XL Airways has also led to European charter airline traffic dipping 12.6% last month at the seven BAA airports.

Passenger numbers at the airports - which include Heathrow and Gatwick - totalled 113.4 million for the first nine months of this year, 1.4% down on last year.

BAA handled 13.3 million passengers at its seven UK airports in September 2008 - 5% fewer than in September 2007.

North Atlantic routes saw passenger numbers fall by 6.8%, with other long-haul traffic dipping 6%. The smallest drop was for European scheduled airline traffic which was down only 2.2%.

With more airlines now able to fly to the US from Heathrow after the EU-American "open skies" agreement, north Atlantic traffic at the west London airport rose 9.6% last month compared with September 2007.

Despite this, overall Heathrow passenger numbers dipped 3.6%, while Gatwick fell 6.8% and Stansted was down 4.7%.

Southampton airport numbers fell by 4%, Glasgow by 11%, Edinburgh by 2.9% and Aberdeen by 4.2%.

Copyright © PA Business 2008

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