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11-Nov-2010 11:02 AM

BAA pax traffic up 3.4% in Oct-2010

BAA reports passenger traffic up 3.4% - traffic highlights in Oct-2010:

BAA: "The continued strength of Heathrow reflects an upturn in global economic activity. Low sterling and interest rates make the UK a competitive place to do business. However, government spending cuts, a sharp increase in air passenger duty and an imminent VAT rise are weakening the prospects for in-bound tourism and British leisure travel." Colin Matthews, CEO. Source: BAA, 10-Nov-2010.

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