Holding in Company

British Airways PLC
2 October 2001



LETTER TO BRITISH AIRWAYS PLC - DATED SEPTEMBER 26, 2001   

Below are amended notifications of disclosable interests under the U.K. 
Companies Act 1985. Please note that while this information details the 
disclosable interests of more than one entity, the disclosure below constitutes 
separate notifications of interest which have been combined solely for purposes 
of clarity and efficiency. It is not intended to indicate that any of these 
entities act as a group or in concert with respect to these interests.

These disclosures are made in the interest of conformity with the Companies Act.
The Interest detailed below was acquired solely for investment purposes. For 
disclosure purposes, holdings should be represented as FMR Corp. and its direct 
and indirect subsidiaries, and Fidelity International Limited (FIL) and its 
direct and indirect subsidiaries, both being non-beneficial holders.


NOTIFICATIONS UNDER SECTIONS 195 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. (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 interests 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 (l)(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 purposes
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 £ 5

Security: British Airways Plc
                                        MANAGEMENT 
                            SHARES HELD  COMPANY   NOMINEE/REGISTERED NAME
(Ordinary Shares)
                             12,560,300  FMRCO     HBSC
                              2,118,300  FMRCO     Chase Nominees Limited
                                 64,700  FMRCO     State Street Nominees Limited
                              5,746,309  FISL      Clydesdale Bank (Head Office)
                                                   Nominees Limited
                                449,622  FIL       Clydesdale Bank (Head Office)
                                                   Nominees Limited
                             22,558,733  FIL       HBSC

Total ordinary shares        43,497,964 

The following shares are based on the assumed conversion of 8,000 ADRs 
(10 shares per ADR)

                                 80,000  FMRCO     HBSC

Total Ordinary Shares 
 and ADRs                    43,577,964 

Current ownership percentage:     4.02% 

Shares in issue:           1,082,730,934

Change in holdings since 
 last filing:                   +646,109 ordinary shares

FROM FIDELITY INVESTMENTS