British Airways PLC
05 September 2007
TRAFFIC AND CAPACITY STATISTICS - August 2007
Summary of the headline figures
In August 2007, passenger capacity, measured in Available Seat Kilometres, was
2.8 per cent above August 2006. Traffic, measured in Revenue Passenger
Kilometres, was higher by 5.3 per cent. This resulted in a passenger load
factor up 1.8 points versus last year, to 80.0 per cent. The increase in
traffic comprised a 13.6 per cent increase in premium traffic and a 4.1 per cent
increase in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, rose by 3.9 per cent.
As expected, August traffic was up significantly on last year reflecting the
weak base that was caused by 1,280 cancellations in the week of August 10-17
(largely in shorthaul) and new security requirements, in particular restrictions
for hand baggage, that largely continue. Premium traffic was particularly
affected due to the greater flexibility of these tickets.
Market conditions
Market conditions are broadly unchanged. Point to point premium travel continues
strong and is offsetting weak transfer demand as these passengers continue to
avoid Heathrow.
Strategic Developments
British Airways welcomed the Competition Commission's update on the BAA airports
market study and reiterated that competition between airports will improve
customer service levels and lead to more investment in new infrastructure.
The airline agreed to pay fines of £121.5 million to the UK Office of Fair
Trading (OFT) and $300 million (£145 million) to the US Department of Justice
(DoJ) for infringements of anti-competitive laws relating to the company's
longhaul passenger and cargo business. The sum is consistent with the guidance
and provision of £350 million BA made in its 2006/7 accounts.
British Airways and Elemis, the British spa and skincare brand, announced a new
five-year deal to manage the airline's five airport lounge spas and the new
flagship lounge at Terminal 5, due to open in March 2008.
BA is offering savings of up to 50 per cent on nearly 100 destinations worldwide
in its autumn sale. Promotional fares include: Johannesburg from £469 (saving up
to £273), New York from £239 (saving up to £194) and Los Angeles from £299
(saving up to £100). Flights booked on some destinations from the US can still
benefit from a one-way upgrade to World Traveller Plus from only £99.
There was no disruption to our services as a result of the Camp for Climate
Action protests around Heathrow airport.
ends
September 5, 2007
091/TC/07
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of Aug Financial year
April through to Aug
BRITISH AIRWAYS Change Change
SCHEDULED SERVICES 2007 2006 (%) 2007 2006 (%)
Passengers carried (000)
UK/Europe 1919 1793 +7.0 9276 9238 +0.4
Americas 693 646 +7.3 3361 3429 -2.0
Asia Pacific 162 164 -0.9 773 799 -3.3
Africa and Middle East 314 294 +6.7 1460 1419 +2.9
Total 3088 2896 +6.6 14870 14885 -0.1
Revenue passenger km (m)
UK/Europe 1961 1853 +5.8 9277 9237 +0.4
Americas 4654 4357 +6.8 22650 23102 -2.0
Asia Pacific 1661 1668 -0.4 7904 8116 -2.6
Africa and Middle East 2058 1938 +6.2 9700 9420 +3.0
Total 10333 9816 +5.3 49531 49876 -0.7
Available seat km (m)
UK/Europe 2608 2373 +9.9 12590 12075 +4.3
Americas 5798 5629 +3.0 28179 28225 -0.2
Asia Pacific 1989 2095 -5.1 9906 10315 -4.0
Africa and Middle East 2515 2457 +2.4 12519 12239 +2.3
Total 12910 12553 +2.8 63193 62854 +0.5
Passenger load factor (%)
UK/Europe 75.2 78.1 -2.9 pts 73.7 76.5 -2.8 pts
Americas 80.3 77.4 +2.9 pts 80.4 81.8 -1.4 pts
Asia Pacific 83.5 79.6 +3.9 pts 79.8 78.7 +1.1 pts
Africa and Middle East 81.8 78.9 +2.9 pts 77.5 77.0 +0.5 pts
Total 80.0 78.2 +1.8 pts 78.4 79.4 -1.0 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 393 378 +3.9 1972 2012 -2.0
Total RTK 1435 1389 +3.3 6961 7021 -0.9
Available tonne km (m) 1968 1931 +1.9 9666 9773 -1.1
Overall load factor (%) 72.9 71.9 +1.0 pts 72.0 71.8 +0.2 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. Fuller information on
some factors which could result in material difference to the results is
available in the company's Annual Report for the year ended 31 March 2007, which
is available on www.bashareholders.com.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 694
This information is provided by RNS
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