Heathrow Airport reveals key British trade routes are already full
Photo Credit To Heathrow Airport

Heathrow Airport reveals key British trade routes are already full

Heathrow Airport reveals key British trade routes are already full

Britain’s exporters risk being held back by a lack of access to key trading markets, new data has revealed today. As Britain prepares to leave the EU, the data shows that key routes from Heathrow to Shanghai, Delhi, Mumbai, Los Angeles, Tokyo Haneda and Dubai are virtually full and unable to accommodate further growth in trade. Combined, these six routes alone account for nearly 18% of Heathrow’s total cargo volumes.

Heathrow, Terminal 3, Pier 5, cargo being unloaded from American Airlines Boeing 777-323(ER) aircraft, November 2016.

The data underscores the importance of expanding Heathrow at pace to ensure that Britain can thrive as an outward looking trading nation after Brexit. Heathrow is already the UK’s largest port by value – bigger than Felixstowe and Southampton combined – and handled over £106bn worth of goods last year. Access to global markets through Heathrow is particularly important for high-value goods and SME exporters and with 33% of the UK’s non-EU exports already going through Heathrow, it is absolutely critical that Britain has the additional runway capacity at the airport to support further export growth to key markets.

Expanding Heathrow will double the airport’s cargo capacity and support up to 40 new long-haul trading links, helping to ensure that British exporters can reach new customers in fast-growing markets around the world.

Photo @ LHR Airports Limited. Photo licenced for use with Heathrow Press Release. Image must not be stored for re-use within any other material. Contact Heathrow Photo Library www.photolibrary.heathrow.com Heathrow Airport, Cargo Terminal, Emirates Boeing 777 on stand during cargo load, July 2017.

Emma Gilthorpe, Heathrow’s Executive Director Expansion, said : “Expanding Heathrow couldn’t be more important for Britain’s future, as we’re already seeing some of our most critical trading routes reach capacity. If we want Britain to thrive as a global trading powerhouse after Brexit, we need to get on with expanding Heathrow now. That starts with the Government taking advantage of the consensus in Parliament and scheduling a vote in Parliament before the summer. With new capacity at our nation’s global gateway, we will unlock the trading opportunities that will underpin a prosperous future for all of Britain in the decades to come.”

Post source : Heathrow Airport

About The Author

Anthony has worked in the construction industry for many years and looks forward to bringing you news and stories on the highways industry from all over the world.

Related posts