Traffic and capacity - March

British Airways PLC
05 April 2004


                  TRAFFIC AND CAPACITY STATISTICS - March 2004

Summary of the headline figures
Comparisons of March 2004 traffic and capacity statistics with March 2003 must
take into account the weak base due to the impact of the war with Iraq and SARS.

In March 2004, passenger capacity, measured in Available Seat Kilometres, was
5.8 per cent above March 2003 and traffic, measured in Revenue Passenger
Kilometres, was higher by 12.7 per cent. This resulted in a passenger load
factor up 4.5 points versus last year, to 74.0 per cent.  The increase in
traffic comprised a 23.6 per cent increase in premium traffic and a 10.9 per
cent increase in non-premium traffic.   Cargo, measured in Cargo Tonne
Kilometres, rose by 21.8 per cent.   Overall load factor rose 4.6 points to 70.3
per cent.

For the January - March quarter, ASKs increased by 6.4 per cent, with RPKs
rising by 7.8 per cent. This resulted in an increase in passenger load factor of
0.9 points, to 70.7 points. This comprised a 11.4 per cent increase in premium
traffic and 7.2 per cent increase in non-premium traffic. CTKs rose by 21.3 per
cent.

Market conditions
Market conditions are unchanged.  Longhaul premium volumes continue above last
year's levels, and shorthaul premium remains weak.  Non-premium traffic volumes
remain very sensitive to yield.

In 2003, March and April were the months worst affected by the war in Iraq and
SARS.  Premium traffic was down about 25% in both months. The major effect of
war and SARS did not continue beyond the summer.

Costs
As a result of Yen depreciation against sterling, there will be a non-cash
accounting credit of £2 million in the fourth quarter financial results.

Strategic Developments
British Airways launched the second and final phase of its Heathrow flight
switch programme.  From March 28, seven shorthaul services transferred from
Heathrow Terminal 1 to Terminal 4: Brussels, Copenhagen, Geneva, Lyon, Oslo,
Vienna and Zurich.   Moving the other way, from Heathrow Terminal 4 to Terminal
1, were Athens, Hong Kong, Moscow (Domodedovo), Los Angeles and San Francisco.

The switching of carefully selected flights at Heathrow make it more convenient
for many of the airline's transfer passengers to connect between longhaul and
shorthaul flights without changing terminals at the airport.  To support the
additional longhaul services at Terminal 1, British Airways has invested in a
range of new facilities for its customers, including a new dedicated check-in
zone for premium passengers and new arrivals and departure lounges.

British Airways' customers are now able to manage their own travel plans at
every stage of their journey from the comfort of their own computer.  The latest
part of the new system to be launched on ba.com enables customers to request
their own seats and special meals after they have booked a flight via their very
own unique webpage.


                                      ends

April 5, 2004                                                          KG/028/04


            BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS

                                             Month of March                        Financial year
                                                                                April through March
BRITISH AIRWAYS GROUP                                   Change                                        Change
SCHEDULED SERVICES                  2004       2003        (%)            2004         2003              (%)
Passengers carried (000)
UK/Europe                         1933         1900     +1.8                 24331        24550          -0.9
Americas                           621          548    +13.2                  7096         6672          +6.4
Asia Pacific                       138          120    +15.0                  1482         1552          -4.5
Africa and Middle East             256          199    +28.1                  2835         2568         +10.4
Total                             2948         2768     +6.5                 35744        35341          +1.1

Revenue passenger km (m)
UK/Europe                         1686         1492    +13.0                 21156        19762          +7.1
Americas                          4080         3731     +9.4                 46777        45048          +3.8
Asia Pacific                      1435         1251    +14.8                 15642        15895          -1.6
Africa and Middle East            1720         1444    +19.1                 19013        17471          +8.8
Total                             8921         7918    +12.7                102588        98177          +4.5

Available seat km (m)
UK/Europe                         2593         2401     +8.0                 31618        29509          +7.1
Americas                          5235         5156     +1.5                 61932        61528          +0.7
Asia Pacific                      1881         1739     +8.2                 21372        20659          +3.5
Africa and Middle East            2343         2100    +11.6                 25715        24603          +4.5
Total                            12052        11396     +5.8                140637       136299          +3.2

Passenger load factor (%)
UK/Europe                         65.0         62.2     +2.8 pts              66.9         67.0          -0.1 pts
Americas                          77.9         72.4     +5.5 pts              75.5         73.2          +2.3 pts
Asia Pacific                      76.3         71.9     +4.4 pts              73.2         76.9          -3.7 pts
Africa and Middle East            73.4         68.8     +4.6 pts              73.9         71.0          +2.9 pts
Total                             74.0         69.5     +4.5 pts              72.9         72.0          +0.9 pts

Revenue tonne km (RTK) (m)
Cargo tonne km (CTK)               436          358    +21.8                  4464         4204          +6.2
Total RTK                         1322         1148    +15.1                 14722        14035          +4.9
Available tonne km (m)            1880         1748     +7.5                 21783        21012          +3.7

Overall load factor (%)           70.3         65.7     +4.6 pts              67.6         66.8          +0.8 pts


* Comparative numbers from 1 July 2002 have been adjusted to remove the impact
of dba following its disposal on 30 June 2003

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 2003.

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