United Kingdom
United States
Asia Pacific
No-frills traffic boosts BAA results
The UK airport operator, BAA has posted improved profits for the third quarter of £149 million, and says it remains positive for further gains. BAA chief executive Mike Clasper said profits have risen 8% year-on-year in the quarter because of increasing passenger numbers and good retail performance. He also said costs had stayed on target. This includes the construction of Terminal 5 at Heathrow, which cost the group £519 million during the third quarter to December 31. BAA’s revenue rose 8.1% year-on-year to £455 million over the quarter, which was boosted by regulatory price increases at Heathrow and Gatwick, as well as increased retail spending by passengers. This was primarily spending by longhaul passengers at Heathrow and those departing from Terminal 3, as well as increased spending by passengers at Stansted. On average, retail income per passenger was £4.36, up from £4.23 in the same quarter in the previous year. Passenger traffic increased 5.6% to 31.8 million passing through BAA’s UK airports in the third quarter. The largest growth was at Southampton, where traffic rose 76.7% due to an increase in no-frills flights with carriers like Flybe. Stansted also posted continued strong growth of 19.5%. BAA said that passenger traffic growth at Heathrow of 3.4% to 15.9 million, was a sign that the economy is slowly recovering and the airline industry is getting over the impact of the Iraq war and Sars epidemic.
Tony from Gatto’s Pizza on Columbus’s Unique Pizza Trail
Sophia Hyder Hock on Global Social Inclusion in Tourism
Sustainable Tourism: Don Welsh on Community Values and Global Collaboration
Jane Cunningham: Enhancing European Engagement in Tourism
Kristin Dunne: Navigating Destination Strategy
Revolutionizing Mobile Connectivity: Boris Bijlstra on HUBBY eSIM
Capturing Glasgow’s Vibrancy: An Interview with Susan Deighan, Chief Executive of Glasgow Life
Lebua Hotel & Resorts: Rajan Khurana on Hospitality and Bangkok’s Charms
Sustainable Tourism and Growth: Insights from Chiravadee Khunsub from Tourism Authority of Thailand
Revolutionizing Travel: SmartSIM USA’s Dale Takio Unveils the Power of E Sims
TravelMole Interview with Hishan Singhawansa, Deputy CEO of Cinnamon Hotels & Resorts, Sri Lanka
Unveiling the Essence of Magari Tours: A Dive into Authentic Italian Experiences
Abercrombie & Kent hails $500 million funding boost
British Airways passengers endure 11-hour 'flight to nowhere'
CLIA: Anti-cruise demos could cause itinerary changes in Europe
Gatwick braces for strike
Co-pilot faints, easyJet flight issues ‘red alert’