New trade data shows Heathrow’s pivotal role

Juliette O'Neill
By Juliette O'Neill September 9, 2016 12:40

New trade data shows Heathrow’s pivotal role

Commenting on new trade data, which shows the importance of Heathrow to UK exports, Chris Richards, Senior Business Environment Policy Adviser at EEF, the manufacturers’ organisation, says: “Heathrow is a global freight hub for the UK economy, handling over 36% of Britain’s non-EU exports by value. [These] trade figures show that over the 12 months to July almost 100 times more exports to non-EU destinations were sent via Heathrow in comparison to Gatwick. This reaffirms why manufacturers overwhelmingly back a third runway at Heathrow.

“As the UK charts a new trade course, Heathrow will be a key linchpin to delivering on post-Brexit trade. The Government should recognise its pivotal role and urgently give the go ahead to its expansion and get construction underway. We would certainly want to see this vital project started within this Parliament.”

Based on the latest trade data out on 9th September, 98 times more exports by value were sent via Heathrow compared to Gatwick over the 12 months to July 2016, according to the report.

EEF’s surveys of manufacturers show:
•    78% of manufacturers with a business need for air freight capacity back expansion at Heathrow, just 22% at Gatwick
•    55% of manufacturers say expansion at Heathrow would be better for attracting airlines that offer business connectivity to emerging export markets just 11% say the same of Gatwick
•    53% of manufacturers say expansion at Heathrow would deliver the best economic benefits to the UK more widely, just 13% say Gatwick
•    The more a manufacturer exports, the more critical aviation connectivity becomes to their business.

Juliette O'Neill
By Juliette O'Neill September 9, 2016 12:40