£510 million boost from China / Heathrow flights
Flights between China and London's Heathrow Airport are responsible for an annual injection of £510 million into the British economy.
A passenger aircraft, operated by British Airways, a unit of International Consolidated Airlines Group SA (IAG), passes other British Airways passenger aircraft on the tarmac at London Heathrow Airport, in London, U.K., on Tuesday, May 30, 2017. [Photo: VCG]
That's according to specialist publication BQ, who report that alongside their financial importance, the flights also enable as many as 15,000 London jobs.
The report found that the three most important flight links between London’s Heathrow and China were to the cities of Hong Kong, Shanghai and Beijing respectively.
In November, we reported that direct flights to Beijing have provided a massive economic boost to the North of England.
That story was based on a study, undertaken by experts at Steer Davies Gleave, which found that the Hainan Airline service has been 'acting as a catalyst for growth and resilience in a global connectivity context' since launching in 2016.
The route has enabled a huge growth in both tourism and trade. When it comes to tourism, the report suggests that, in the year following the launch of flights, spending by Chinese tourists in the North of the UK doubled.
In terms of trade, the value of goods exported from the region to China more than doubled, and is now estimated to be worth over £200 million per month.
Of course, not all of this growth can be attributed to the air route, but it serves to highlight the impact that the Hainan Airlines service is having, and the potential future demand for further air links between Manchester and China.