BAA Continues Strong Start to the Year.Business Editors LONDON--(BUSINESS WIRE)--June 12, 2000 BAA Baa See BBB. plc, the UK-based airport company, today announced that its seven UK airports report the second month of strong growth in its new financial year, with a total of 10.6 million passengers in May, an increase of 8.2% compared to the same month last year. Although the late Easter Easter [A.S. Eastre, name of a spring goddess], chief Christian feast, commemorating the resurrection of Jesus after his crucifixion. In the West, Easter is celebrated on the Sunday following the full moon next after the vernal equinox (see calendar); thus, it holiday contributed to the 9.2% growth experienced in the first two months of the current financial year, underlying growth has been strong. BAA is expecting traffic growth for the full financial year of more than 5%. Around the airports, Stansted Stansted could be
 r`əp), 6th largest continent, c.4,000,000 sq mi (10,360,000 sq km) including adjacent islands (1992 est. pop. 512,000,000). up 26% for the month, reflecting the
continued growth of its low cost scheduled carriers. Heathrow added 7.8%
and Gatwick 6.4%, both a marked acceleration acceleration, change in the velocity of a body with respect to time. Since velocity is a vector quantity, involving both magnitude and direction, acceleration is also a vector. In order to produce an acceleration, a force must be applied to the body. on recent trends, with
strong growth in both the North Atlantic and other long haul Long distance. Long haul implies traversing a state or a country. Contrast with short haul. markets. In
Scotland Scotland, political division of Great Britain (1991 pop. 4,957,000), 30,414 sq mi (78,772 sq km), comprising the northern portion of the island of Great Britain and many surrounding islands. , Edinburgh Edinburgh (ĕd`ĭnbərə), city (1991 pop. 433,200) and council area, royal burgh, capital of Scotland, on the Firth of Forth. Leith, part of the city since 1920, is Edinburgh's port. remained buoyant BuoyantThe term used to describe a commodities market where the prices generally rise with ease when there are considerable signals of strength. Notes: These types of markets can be very volatile as the prices are rapid to rise and fall with investor sentiment. with a 7.1% increase and Aberdeen Aberdeen, former county, Scotland Aberdeen, former county, Scotland: see Aberdeenshire. Aberdeen, city, Scotland Aberdeen, city (1991 pop. saw an end to recent declining traffic levels with a 1.7% gain. A decrease of 1.1% at Glasgow Glasgow, city, Scotland Glasgow (glăs`gō, –kō, glăz`gō), city (1991 pop. 688,500) and council area, S central Scotland, on the river Clyde. was largely explained by a later start than last year to the summer program of charter flights by one of its major operators. Of the individual market results, the most notable growth was in the European European emanating from or pertaining to Europe. European bat lyssavirus see lyssavirus. European beech tree fagussylvaticus. European blastomycosis see cryptococcosis. scheduled (+10.9%) and the long haul sector (+14.7%), where increases in Japanese Japanese (jăp'ənēz`), language of uncertain origin that is spoken by more than 125 million people, most of whom live in Japan. There are also many speakers of Japanese in the Ryukyu Islands, Korea, Taiwan, parts of the United States, and routes of 19% and on other Asian routes of 18%, were key factors. In contrast to the 8.2% rise in passengers, air transport movements were up by 3.9% across the UK airports. For further information on BAA see the website at www.baa.co.uk.
BAA Traffic Summary: May 2000
Financial
Terminal % Year
Passengers (000's) Month Change to date
Heathrow 5,460.8 7.8 10,911.2
Gatwick 2,795.1 6.4 5,316.4
Stansted 958.6 25.9 1,890.1
London Area Total 9,214.5 9.0 18,117.7
Southampton 76.5 17.3 144.8
Glasgow 621.0 -1.1 1,134.0
Edinburgh 465.4 7.1 888.9
Aberdeen 212.6 1.7 405.7
Scottish Total 1,299.1 2.2 2,428.6
BAA Total 10,590.0 8.2 20,691.1
Terminal % (a) 12 months %
Passengers (000's) Change to May 00 Change
Heathrow 7.7 63,054.2 3.3
Gatwick 7.8 30,797.6 3.7
Stansted 34.1 10,382.7 34.2
London Area Total 10.0 104,234.4 5.9
Southampton 14.5 785.6 4.3
Glasgow 1.3 6,796.1 2.7
Edinburgh 7.9 5,279.0 12.5
Aberdeen -2.0 2,429.5 -6.0
Scottish Total 3.0 14,504.6 4.4
BAA Total 9.2 119,524.7 5.7
Financial
Air Transport % Year
Movements Month Change to date
Heathrow 39,578 3.5 77,453
Gatwick 22,338 3.4 42,153
Stansted 12,360 9.4 23,394
London Area Total 74,276 4.4 143,000
Southampton 2,425 14.8 4,690
Glasgow 7,796 1.9 14,586
Edinburgh 7,295 3.0 13,999
Aberdeen 7,101 -0.5 13,204
Scottish Total 22,192 1.5 41,789
BAA Total 98,893 3.9 189,479
Air Transport % (a)12 months %
Movements Change to May 00 Change
Heathrow 3.0 456,438 2.9
Gatwick 2.8 248,520 1.5
Stansted 9.5 141,723 18.3
London Area Total 3.9 846,681 4.8
Southampton 11.8 25,722 -4.8
Glasgow 0.3 87,491 3.4
Edinburgh 0.6 86,098 10.4
Aberdeen -6.0 79,367 -10.2
Scottish Total -1.7 252,956 0.8
BAA Total 2.8 1,125,359 3.6
Notes:
Above data excludes Air Taxi passengers and Air Taxi movements
(a) The period June 1999 to May 2000 compared with period June
1998 to May 1999
Market Comparison: May 2000
BAA Total BAA Total %
Market May 99 May 00 Change
(000s) (000s)
Domestic 1,730 1,809 4.6
Eire 498 524 5.4
European
Scheduled 3,450 3,827 10.9
European
Charter(a) 1,245 1,269 2.0
North Atlantic 1,662 1,776 6.9
Other Long Haul 1,207 1,384 14.7
Total 9,791 10,590 8.2
(a) includes North African Charter
Note: Origins and destinations are classified according to
ultimate origin or destination of aircraft in the case of multi sector
flights.
Note: Figures for the market sectors have been rounded. Totals as
per Traffic Summary.
BAA ordinary shares trade on the London Stock Exchange London Stock Exchange London marketplace for securities. It was formed in 1773 by a group of stockbrokers who had been doing business informally in local coffeehouses. ; prices may be accessed on Bloomberg Bloomberg A major global provider of 24-hour financial news and information including real-time and historic price data, financials data, trading news and analyst coverage, as well as general news and sports. under the symbol BAA LN, on the Reuter Reu·ter , Baron Paul Julius von 1816-1899. German-born British journalist who founded (1848) Reuter's, one of the first international news agencies. Equities 2000 Service under BAA.L and on Quotron under BAANU.EU. BAA ADRs, each equal to one ordinary share, appear on the pink sheets under BAAPY. Additional information is available on BAA's home page: http://www.baa.co.uk. |
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