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January 13, 2011

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December snow costs Heathrow US$30m

December snowstorms cut passenger traffic at London's Heathrow airport by nearly 10 percent, capping a year marked by costly disruptions including strikes and volcanic ash, the airport's owner, the British Airports Authority, said yesterday.

BAA said Heathrow, Europe's busiest airport, handled 65.7 million passengers in 2010, down 0.2 percent. Without the disruptions, BAA estimated that traffic would have grown by 3.4 percent.

The snowstorms which snarled traffic in late December knocked 19 million pounds (US$30 million) off profit at Heathrow, BAA said. Snow grounded aircraft at Heathrow on December 18 and the second runway was out of action until December 21. Hundreds of flights were canceled and travelers were stranded for days.

"The cost of any disruption to BAA's airports is significant and a strong financial incentive for us to continue to make Heathrow more resilient," said company Chief Executive Colin Matthews. He has said he won't accept a bonus for 2010 in response to the problems at Heathrow.





 

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