Holding in Company

British Airways PLC
2 August 2001


British Airways Plc has received today the following disclosure of share
interests pursuant to S198 of the Companies Act, being share interests under the
management of Fidelity Investments on behalf of its clients.


Amendment £ 2

NOTIFICATIONS UNDER SECTIONS 198 TO 202 - U.K. COMPANIES ACT

1.  Company in which shares are held:  British Airways

2.  Notifiable Interest:     Ordinary Shares

(A)  FMR Corp.
     82 Devonshire Street
     Boston, MA 02109

     Parent holding company of Fidelity Management & Research Company 
     (FMRCO), investment manager for US mutual funds, and Fidelity Management 
     Trust Company (FMTC), a US state chartered bank which acts as a trustee or 
     investment manager of various pension and trust accounts.  (See Schedule A 
     for listing of Registered Shareholders and their holdings.)

(B)  Fidelity International Limited (FIL)
     P.O. Box HM 670
     Hamilton HMCX, Bermuda

     Parent holding company for various direct and indirect subsidiaries,       
     including Fidelity Investment Services Ltd. (FISL), investment managers for
     various non-US investment companies and institutional clients. (See        
     Schedule A for listing of Registered Shareholders and their holdings.)

3.   The notifiable interest also comprise the notifiable interest of:

             Mr. Edward C. Johnson 3d
             82 Devonshire Street
             Boston, MA 02109

     A principal shareholder of FMR Corp. and Fidelity International Limited.

4.  The notifiable interests include interest held on behalf of authorized unit 
    trust schemes in the U.K., notwithstanding the exemption from reporting     
    pursuant to Section 209 (1)(h) of the Companies Act 1985.

5.  These notifications of disclosable interests constitute separate            
    notifications of interest in the shares and are combined solely for the     
    proposes of clarity.  Nothing herein should be taken to indicate that FMR   
    Corp. and its direct and indirect subsidiaries, Fidelity International      
    Limited and its direct and indirect subsidiaries or Mr. Edward C. Johnson 3d
    act as a group or in concert in respect of the disclosed interests, or that 
    they are required to submit these notifications on a joint basis.

6.  The disclosable interests arise under section 208 (4) (b) of the Act, namely
    where a person, not being the registered holder, is entitled to exercise a  
    right conferred by the holding of the shares or to control the exercise of  
    such rights, or under section 203 of the Act respectively.


Schedule A                                               Amendment £ 2

Security:  British Airways Plc

                                      MANAGEMENT
                          SHARES HELD   COMPANY      NOMINEE REGISTERED NAME

(Ordinary Shares)
                          10,288,400    FMRCO            HBSC
                             815,600    FMRCO      Chase Nominees Limited
                              40,200    FMRCO      State Street Nominees Limited
                              81,200    FMTC       State Street Nominees Ltd.
                             655,800    FMTC             HSBC
                              79,700    FMTC       Bank or New York-Europe
                              67,500    FMTC       Nortrust Nominees
                             125,600    FMTC         National Cities
                           5,847,833    FISL      Clydesdale Bank (Head Office)
                                                     Nominees Limited
                              90,300    FIL          Chase Nominees Ltd
                           1,095,870    FIL         Nortrust Nominees Ltd
                             421,990    FIL          Bankers Trust
                             357,381    FIL       Clydesdale Bank (Head Office)
                                                      Nominees Limited
                             460,130    FIL           State Street Nominees Ltd
                             498,880    FIL           RBS Trust Bank
                             136,180    FIL           Northern Trust
                          20,940,869    FIL               HBSC
                              43,600    FIL            Citibank
                             254,200    FIL        National Australia Bank
                             196,840    FIL            Mellon Bank
                              20,800    FIL            Credit Suisse
                              79,260    FIL            KAS Associatie
                              74,830    FIL            RBS-EDINBURG
                              10,600    FIL        Deutsche Bank AG, London
                             133,150    FIL            JP Morgan


Total ordinary shares     42,816,713

The following shares are based on the assumed conversion of 8,500 ADRs (10
shares per ADR)

                                     85,000  FMRCo    HBSC


Total Ordinary Shares and ADRs      42,901,713

Current ownership percentage:            3.96%

Shares in issue:                   1,082,609,165

Change in holdings since last
filing:                            (374,910) ordinary shares