British Airways PLC
03 May 2007
TRAFFIC AND CAPACITY STATISTICS - April 2007
Summary of the headline figures
In April 2007, passenger capacity, measured in Available Seat Kilometres, was
0.5 per cent above April 2006. Traffic, measured in Revenue Passenger
Kilometres, was lower by 2.2 per cent. This resulted in a passenger load factor
down 2.1 points versus last year, to 76.9 per cent. The decrease in traffic
comprised a 1 per cent increase in premium traffic and a 2.8 per cent decrease
in non-premium traffic. The decline in non-premium to some degree reflects year
on year Easter effect that saw a 10.9% increase last year.
Cargo, measured in Cargo Tonne Kilometres, fell by 7.7 per cent. Overall load
factor fell by 0.7 points to 70.9 per cent.
Market conditions
Underlying market conditions are broadly unchanged. Premium continues positive,
while weak non-premium, especially on the Atlantic is still a feature.
Strategic Developments
The airline won Airline of the Year 2007 at the OAG awards.
British Airways launched a £5 million advertising campaign to promote the
airline's new Club World business class service. The next-generation Club World
is now on 96 services a week between London Heathrow and New York JFK, as its
installation continues across the airline's long-haul fleet.
The airline launched a summer season sale with prices from as low as £239
return. Sale prices include Los Angeles and Miami for £399 and New York,
Baltimore, and Washington available from just £349.
British Airways increased its longhaul fuel surcharge, effective from May 2, on
flights of less than nine hours from £30 per sector (£60 return) to £33 (£66
return) and from £35 per sector to £38 (£76 return) on flights longer than nine
hours.
A number of private equity companies have been approached by British Airways
about making a consortium offer for Iberia. Any consortium bid would not involve
further capital investment by British Airways and the company continues to
examine numerous options including full disposal. However, it did rule out an
independent bid for the airline.
The board of directors approved the delisting of British Airways Plc from the
New York Stock Exchange and the deregistration of the company and termination of
its reporting obligations under the Securities Exchange Act of 1934 (the '
Exchange Act'). The company has provided written notice to the NYSE of its
intent to delist.
British Airways has chosen Rolls-Royce Trent engines to power its four new
Boeing
777-200ER aircraft that will be delivered in 2009 and agreed a long-term
maintenance contract with Rolls Royce for the engines.
Tickets for the first flights from London Heathrow's Terminal 5 went on sale
this month.
British Airways announced the appointment of Julia Simpson as head of corporate
communications with effect from August 2007.
ends
May 3, 2007 059/TC/07
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of April
BRITISH AIRWAYS GROUP Change
SCHEDULED SERVICES 2007 2006 (%)
Passengers carried (000)
UK/Europe 1741 1710 +1.8
Americas 632 670 -5.6
Asia Pacific 153 160 -4.1
Africa and Middle East 287 280 +2.5
Total 2813 2819 -0.2
Revenue passenger km (m)
UK/Europe 1716 1692 +1.4
Americas 4260 4513 -5.6
Asia Pacific 1564 1606 -2.6
Africa and Middle East 1917 1863 +2.9
Total 9456 9674 -2.2
Available seat km (m)
UK/Europe 2445 2347 +4.2
Americas 5397 5472 -1.4
Asia Pacific 1963 2017 -2.7
Africa and Middle East 2500 2403 +4.0
Total 12304 12240 +0.5
Passenger load factor (%)
UK/Europe 70.2 72.1 -1.9 pts
Americas 78.9 82.5 -3.6 pts
Asia Pacific 79.7 79.6 +0.1 pts
Africa and Middle East 76.7 77.5 -0.8 pts
Total 76.9 79.0 -2.1 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 372 404 -7.7
Total RTK 1321 1380 -4.3
Available tonne km (m) 1864 1928 -3.3
Overall load factor (%) 70.9 71.6 -0.7 pts
Certain information included in these statements 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 Business Plan programs, 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 itemize 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 2006.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602
This information is provided by RNS
The company news service from the London Stock Exchange
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