BAA has said that the number of passengers traveling through...
BAA has said that the number of passengers traveling through its UK airport operations in March grew by 3.4 percent from over a year ago, the second consecutive month of growth since the September 11th attacks in the United States.
BAA's seven UK airports handled 10.1 million people last month, helped by the Easter holiday, the world's biggest airport operator said in a Regulatory News Service statement. London Heathrow airport, which is the world?s busiest international airport, reported its first monthly increase since February 2001.
?The figures signal a good recovery,? said Nick van den Brul, an analyst at BNP Paribas. ?They're largely driven by domestic traffic and low cost carriers, but it's positive news for Heathrow, too.?
Demand for air travel fell by more than a third after the hijackings in the US, causing carrier's such as the Heathrow based British Airways, which is BAA's biggest customer, to slash capacity. Low fare airlines such as Ryanair, EasyJet and Go were less affected, as they do not fly to the US, and they have heavily discounted flights.