Heathrow sees continuing cargo declines

Cargo volumes at London Heathrow Airport slipped 1.9 per cent in March, the second year-on-year decline at the key UK gateway in the past four months. The decline from the same month a year ago came despite a 10.6 per cent month-to-month gain at Heathrow. Cargo growth at Heathrow has been slowing in recent months […]


cargo Heathrow


Cargo volumes at London Heathrow Airport slipped 1.9 per cent in March, the second year-on-year decline at the key UK gateway in the past four months. The decline from the same month a year ago came despite a 10.6 per cent month-to-month gain at Heathrow. Cargo growth at Heathrow has been slowing in recent months after growing 15.2 per cent year-over-year in 2010. The UK’s economy has been faltering this year as inflation and government austerity programmes have given the country sluggish growth this year. The International Monetary Fund recently scaled back its economic growth forecast for the UK to 1.7 per cent this year.