Airports operator scales back growth expectations.AIRPORTS operator BAA pegged peg n. 1. a. A small cylindrical or tapered pin, as of wood, used to fasten things or plug a hole. b. A similar pin forming a projection that may be used as a support or boundary marker. 2. back forecasts for passenger growth yesterday, despite a 3% rise in visits to its seven UK sites during 2005. BAA forecast that passenger numbers at its airports, which include Heathrow and Gatwick, would grow by 2.5% in the financial year to March 31, rather than the 3% it predicted in November November: see month. . The guidance, which equates to a reduction of around 700,000 passengers, came as BAA said passenger volumes in the 2005 calendar year were up 3% on 2004 to 144.34 million. In December the figure was slightly below trend - up 2% at 10.7 million passengers. A BAA spokesman said a range of factors affected its financial year forecast, including general economic prospects and the fact that higher oil prices meant airlines were not putting out as many discount fares to attract passengers. Southampton airport showed BAA's biggest improvement across 2005, dealing with 1.84 million passengers - a 19.9% rise on last year - as it attracted more low-cost services. Heathrow saw passenger numbers increase by 0.9% to 67.7 million, while Gatwick rose by 4.2% to 32.7 million and Stansted by 2.5% to 22 million. CAPTION(S): Aircraft queuing The process of lining up events in the order you want them processed. Whether it refers to packets in an IP network that search for the most optimal path to their destination, or telephone callers sitting in a "hold queue" waiting to be answered, queuing means the same thing: deciding on for take-off at London's Heathrow Airport |
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