BA November traffic stats
British Airways PLC
04 December 2002
TRAFFIC AND CAPACITY STATISTICS - NOVEMBER 2002
Summary of the headline figures
In November 2002, overall load factor improved by 5.0 points to 66.5 per cent.
Passenger capacity, measured in Available Seat Kilometres, was 1.3 per cent
below November 2001 while traffic, measured in Revenue Passenger Kilometres,
rose by 5.5 per cent. This resulted in a passenger load factor improvement of
4.4 points versus last year, to 68.3 per cent. The rise in traffic comprised a
5.0 per cent increase in premium traffic and a 5.6 per cent increase in
non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, increased by
11.5 per cent.
Market conditions
Although the travel market remains subject to global economic and political
uncertainty, the revenue outlook has stabilised.
Strategic developments
British Airways announced its longhaul flying programme for the summer 2003
season, which will reflect the airline's drive to maximise revenue on profitable
routes, reduce its cost base and work its assets harder. Seven additional weekly
flights between Heathrow and Chicago will be added next year plus five
additional weekly flights between Heathrow and Newark, New York, three
additional weekly flights between Heathrow and Toronto and three additional
weekly flights between Gatwick and Houston. Services from Heathrow to Houston
which currently operate via Washington will operate via Chicago. Flights to
Melbourne via Singapore will also increase from five per week to a daily
service. On South American routes, the airline's daily service to Rio de Janeiro
via Sao Paulo will reduce to four flights per week. A non-stop service to Buenos
Aires, which operates three times per week, will fly, in future, via Sao Paulo.
These changes are due to the economic downturn in Brazil and Argentina which has
led to a drop in passenger demand on these routes.
British Airways and American Airlines filed an application with the US
Department of Transportation seeking US regulatory approval to offer certain
codeshare services permitted under the current provisions of the US-UK Air
Services Agreement. The arrangement would enable British Airways to place its
code on American's flights beyond British Airways' US gateway cities to points
in the US, Mexico, the Caribbean and Latin America. British Airways would also
place its code on American's flights between Glasgow, Manchester and Chicago.
The application submitted by the two carriers excludes codesharing on each
other's transatlantic services between the US and London. American would be able
to place its code on British Airways' services beyond its UK gateways to key
destinations in the United Kingdom and Ireland, continental Europe, Africa, the
Middle East, and Asia. American also would be able to place its code on British
Airways' transatlantic service between New York (JFK) and Manchester.
British Airways Chief Executive Rod Eddington called on European nations to join
together to break down America's protectionist aviation policies. Speaking at
the Institute of Economic Affairs annual conference in London, he said it was
the only way Europe could rebalance a one-sided air treaty the USA had pursued
and he appealed to the British government to throw its weight behind the cause.
British Airways' low fares to Europe got even lower with the introduction of a
special early booking fare. The airline is offering a new lower fare on 74
routes with flights from £49 return in the UK and £59 to Europe, when purchased
at least 30 days in advance of travel. There are no Saturday night stay
restrictions and the fare is fully combinable with all other fares.
ends
December 4, 2002 139/LE/02
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of November Financial year to date
April through November
Change Change
2002 2001 (%) 2002 2001 (%)
Passengers carried (000)
UK/Europe 2057 2028 +1.5 18785 19631 -4.3
Americas 514 458 +12.2 4577 4603 -0.6
Asia Pacific 127 128 -1.0 1060 1167 -9.2
Africa and Middle East 213 198 +7.4 1675 1871 -10.5
Total 2911 2812 +3.5 26097 27273 -4.3
Revenue passenger km (m)
UK/Europe 1553 1532 +1.4 14835 15887 -6.6
Americas 3457 3140 +10.1 30817 31384 -1.8
Asia Pacific 1285 1324 -2.9 10798 11682 -7.6
Africa and Middle East 1496 1388 +7.8 11257 12611 -10.7
Total 7791 7383 +5.5 67706 71564 -5.4
Available seat km (m)
UK/Europe 2548 2692 -5.4 21363 24792 -13.8
Americas 4983 4673 +6.6 41653 43442 -4.1
Asia Pacific 1709 2116 -19.2 13853 16176 -14.4
Africa and Middle East 2165 2077 +4.2 16144 18057 -10.6
Total 11406 11559 -1.3 93014 102467 -9.2
Passenger load factor (%)
UK/Europe 60.9 56.9 +4.0 pts 69.4 64.1 +5.3 pts
Americas 69.4 67.2 +2.2 pts 74.0 72.2 +1.8 pts
Asia Pacific 75.2 62.6 +12.6 pts 77.9 72.2 +5.7 pts
Africa and Middle East 69.1 66.8 +2.3 pts 69.7 69.8 -0.1 pts
Total 68.3 63.9 +4.4 pts 72.8 69.8 +3.0 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 387 347 +11.5 2866 2696 +6.3
Total RTK 1165 1090 +6.9 9623 9835 -2.2
Available tonne km (m) 1752 1772 -1.1 14283 15543 -8.1
Overall load factor (%) 66.5 61.5 +5.0 pts 67.4 63.3 +4.1 pts
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 2002.
Investor Relations
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