British Airways PLC
3 May 2001
TRAFFIC AND CAPACITY STATISTICS - APRIL 2001
The presentation of monthly traffic and capacity statistics has changed, with
effect from the start of the new financial year. The sale of Air Liberte, the
prospective sale of Go and the integration of CityFlyer Express with mainline
operations at Gatwick has left Deutsche BA as the only 'non-mainline' flying
subsidiary. The impact of Deutsche BA on total Group figures is very small and
therefore only consolidated figures for the total Group will be presented.
Last year's statistics have been restated.
Summary of the headline figures
Capacity in April, measured in Available Seat Kilometres, was 9.1 per cent
below April 2000. Traffic, measured in Revenue Passenger Kilometres, fell 13.3
per cent. The combined impact of the computer systems outage in March and foot
and mouth disease is estimated to account for around one-third of the decline
in traffic. The reduction in traffic comprised an 8.4 per cent decline in
premium traffic and a 14.2 per cent fall in non-premium traffic. Passenger
load factor of 68.9 per cent was 3.4 points lower than April 2000. Cargo,
measured in Cargo Tonne Kilometres, fell by 7.4 per cent.
Market conditions
The testing market conditions and softer revenue highlighted last month have
continued. The slowdown in the US economy has come quite rapidly, accounting
for an estimated 2 percentage points of the overall drop in traffic. April saw
Club World volumes on routes embodied with the new products continue to
perform well, but overall volumes in this cabin declined.
Costs
Oil and fuel prices have increased through the course of April. Based on
current forward curves, it is estimated that the total fuel bill for the year
to March 2002 will be around £100 million higher than for the year just ended.
Strategic developments
British Airways welcomed the decision by the Secretary of State for Trade and
Industry to clear the offer and not to refer the proposed acquisition of the
British Regional Air Lines Group (BRAL) to the Competition Commission. The
recommended cash offer of 120p per share values the entire issued share
capital of BRAL at approximately £78 million. By the initial offer closing
date on April 18, British Airways had received valid acceptances from BRAL
shareholders representing 79.9 per cent of the share capital of the Group. The
offer period has been extended to May 9.
British Airways announced discounts off tickets bought via the airline's
website - www.britishairways.co.uk. Passengers will benefit from a discount of
£3 for domestic and shorthaul flights and £5 for longhaul journeys. The
discount will apply to all bookings and journeys to and from the UK and will
include franchise partners.
British Airways and Iberia extended their code-sharing arrangements to
longhaul routes. British Airways' BA code will be added to Iberia's six weekly
flights between Madrid and Lima. Iberia's IB code will be placed on five
weekly British Airways' flights between London Heathrow and Bangkok.
British Airways and Genie, BT's mobile Internet portal, announced that they
have joined forces to provide British Airways' flight availability, status and
check-in services via mobile Internet. Available now, the services are
accessible exclusively through the travel area on Genie's mobile Internet
portal (wap.genie.co.uk/def/travel.wml) and through British Airways' web and
WAP sites (www.britishairways.com/mobilezone and wap.britishairways.com).
May 3, 2001
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of April
BRITISH AIRWAYS Change
SCHEDULED SERVICES 2001 2000 (%)
Passengers carried (000)
UK/Europe 2256 2329 -3.2
Americas 581 723 -19.6
Asia Pacific 153 193 -20.9
Africa and Middle East 237 246 -3.5
Total 3226 3491 -7.6
Revenue passenger km (m)
UK/Europe 1898 1967 -3.5
Americas 3966 4912 -19.3
Asia Pacific 1512 1870 -19.1
Africa and Middle East 1604 1608 -0.3
Total 8979 10357 -13.3
Available seat km (m)
UK/Europe 2996 2993 +0.1
Americas 5617 6469 -13.2
Asia Pacific 2092 2462 -15.0
Africa and Middle East 2319 2402 -3.5
Total 13024 14325 -9.1
Passenger load factor (%)
UK/Europe 63.3 65.7 -2.4 pts
Americas 70.6 75.9 -5.3 pts
Asia Pacific 72.3 75.9 -3.6 pts
Africa and Middle East 69.2 66.9 +2.3 pts
Total 68.9 72.3 -3.4 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 353 382 -7.4
Total RTK 1241 1411 -12.1
Available tonne km (m) 1965 2066 -4.9
Overall load factor (%) 63.2 68.3 -5.1 pts
Shareholder Value
Waterside (HBA1)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44 (0) 20 8738 9602
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