British Airways' Investor Day

British Airways PLC
09 March 2006


BRITISH AIRWAYS' INVESTOR DAY


At its annual Investor Day today (March 9, 2006) British Airways forecast its
fuel costs for the year to March 2006 are now expected to be £505 - £515 million
higher than the previous year.  Net debt at March 2006 is expected to fall below
£2 billion.

For 2006/7, revenue is forecast to increase by 4-5 per cent driven by increased
capacity and seat factors.

Fuel is forecast to be up by some £400 million for 2006/7.  Total costs,
excluding fuel are forecast to be flat.

Over two years to March 2008, cost efficiencies of £450 million are targeted.

This will leave the company on track to deliver a 10 per cent operating margin
in the year to March 2008 assuming fuel prices and external environment are
stable.

A webcast of British Airways' Investor  Day can be accessed via the internet
www.bashares.com - on Thursday, March 9 at 8.30am and a recorded version will be
available after the event

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 programmes, 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 2005.




                      This information is provided by RNS
            The company news service from the London Stock Exchange