British Airways PLC
06 May 2004
TRAFFIC AND CAPACITY STATISTICS - April 2004
Summary of the headline figures
Comparisons of April 2004 traffic and capacity statistics with April 2003 must
take into account the weak base due to the impact of the war with Iraq and SARS.
In April 2004, passenger capacity, measured in Available Seat Kilometres, was
6.7 per cent above April 2003 and traffic, measured in Revenue Passenger
Kilometres, was higher by 16.1 per cent. This resulted in a passenger load
factor up 6.2 points versus last year, to 75.5 per cent. The increase in
traffic comprised a 28.1 per cent increase in premium traffic and a 14.5 per
cent increase in non-premium traffic. Cargo, measured in Cargo Tonne
Kilometres, rose by 29.5 per cent. Overall load factor rose 4.4 points to 69.4
per cent.
Market conditions
Market conditions are unchanged. Longhaul premium volumes continue above last
year's levels, and shorthaul premium remains weak. Non-premium traffic volumes
remain very sensitive to yield.
In 2003, March and April were the months worst affected by the war in Iraq and
SARS. Premium traffic was down about 25% in both months. The major effect of
war and SARS did not continue beyond the summer.
Strategic Developments
BA launched its first new masterbrand TV commercial for four years which
showcases the airline's innovative products and its commitment to customer
service.
A new sleeper service to give customers an even better and longer night's sleep
was launched for British Airways' Club World customers on a range of overnight
flights from North America and the Middle East to London Heathrow. A new
champagne bar for passengers was opened in the First lounge at London Heathrow's
Terminal One for BA's First Class passengers and Gold Executive Club members
Customers flying to Australia with British Airways and Qantas were able to use
e-tickets for the first time. BA aims to achieve 100 per cent e-ticket by
December 2004.
British Airways is adding 257,000 seats during the summer months with more
flights to popular holiday destinations such as Los Angeles, Hong Kong, Cape
Town, Mexico City, Buenos Aires and Dubai. The airline is also providing 14,000
extra seats on flights between London and Portugal to ensure as many football
fans as possible can get to Euro 2004.
ends
May 6, 2004 038/KG/04
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of April
BRITISH AIRWAYS GROUP Change
SCHEDULED SERVICES 2004 2003 (%)
Passengers carried (000)
UK/Europe 2025 1985 +2.0
Americas 628 556 +12.9
Asia Pacific 130 90 +44.3
Africa and Middle East 244 185 +32.2
Total 3028 2817 +7.5
Revenue passenger km (m)
UK/Europe 1788 1654 +8.1
Americas 4190 3760 +11.5
Asia Pacific 1351 987 +37.0
Africa and Middle East 1617 1303 +24.1
Total 8946 7704 +16.1
Available seat km (m)
UK/Europe 2568 2485 +3.4
Americas 5222 5048 +3.5
Asia Pacific 1842 1636 +12.6
Africa and Middle East 2221 1942 +14.4
Total 11855 11110 +6.7
Passenger load factor
(%)
UK/Europe 69.6 66.6 +3.0 pts
Americas 80.2 74.5 +5.7 pts
Asia Pacific 73.3 60.3 +13.0 pts
Africa and Middle East 72.8 67.1 +5.7 pts
Total 75.5 69.3 +6.2 pts
Revenue tonne km (RTK)
(m)
Cargo tonne km (CTK) 399 308 +29.5
Total RTK 1286 1076 +19.5
Available tonne km (m) 1853 1656 +11.9
Overall load factor (%) 69.4 65.0 +4.4 pts
* Comparative numbers from 1 July 2002 have been adjusted to remove the impact
of dba following its disposal on 30 June 2003
Certain information included in this statement is forward-looking and involves
risks and uncertainties that could cause actual results to differ materially
from those expressed or implied by the forward looking statements.
Forward-looking statements include, without limitation, projections relating to
results of operations and financial conditions and the Company's plans and
objectives for future operations, including, without limitation, discussions of
the Company's 'Future Size and Shape' programme, expected future revenues,
financing plans and expected expenditures and divestments. All forward-looking
statements in this report are based upon information known to the Company on the
date of this report. The Company undertakes no obligation to publicly update or
revise any forward-looking statement, whether as a result of new information,
future events or otherwise.
It is not reasonably possible to itemise all of the many factors and specific
events that could cause the Company's forward looking statements to be incorrect
or that could otherwise have a material adverse effect on the future operations
or results of an airline operating in the global economy. Information on some
factors which could result in material difference to the results is available in
the Company's SEC filings, including, without limitation the Company's Report on
Form 20-F for the year ended March 2003.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602
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