Press releases 1999
25 January 1999
NEW TERMINALS AT HEATHROW AIRPORT
'Passengers can take stock of share prices before they take off'
Business travellers through Terminal One at London's Heathrow
airport will, from Monday January 25, be able to access London Stock Exchange market
prices and company news - in real time - in British Airways' business lounges.
The new service provides information on over 3,000 listed companies
from more than 60 countries worldwide. It is available free of charge to British Airways
business flyers - many of whom are executives of listed companies.
The first computer terminals, provided by Reuters and
Datastream/ICV, will be installed in the Domestic and European Lounges at Heathrow's
Terminal One. Last year alone over one million passengers passed through the two business
lounges. Later in the year the Exchange plans to extend the service to BA lounges in
Business passengers will be able to access the latest news on all
the companies quoted on the London Stock Exchange, view real-time prices for these stocks,
check stock market indices and exchange rates, and catch up on other major news from
around the world.
Commenting on the new venture, Martin George, British Airways
Director of Marketing, said: "This will be a very useful business tool for our most
valued customers and we are delighted to be the first airline to offer this unique
The Exchange said: "This partnership between British Airways
and the London Stock Exchange brings together the world's favourite airline and the
world's leading international equity market.
"Business people will now be able to keep in touch with the
fast-moving events affecting their companies, even when they are travelling. The new
service will further increase the accessibility of our markets for thousands of business
passengers passing through London each day."
- The type of specialist market information that will be accessible is
currently only available to customers of the London Stock Exchange or from information
vendors, like Datastream/ICV or Reuters, which are licensed by the Exchange to distribute
this service to business customers.
- Posters advertising the new service will use the slogan 'Take
stock before you take off' to encourage business flyers to try out the new
- Reuters supplies the global financial markets and news media with
information and news products including real-time financial data, collective investment
data, numerical, textual, historical and graphical databases plus news and graphics
reaching 457,000 users located in 57,200 organisations.
- Datastream/ICV provides real-time and historical information
services. The TOPIC3 real-time equity and news service is used by 70% of the UK equity