In September 2010 traffic, measured in Revenue Passenger Kilometres, rose by 1.3 per cent. Passenger capacity, measured in Available Seat Kilometres, was up 0.3 per cent on September 2009. This resulted in a passenger load factor increase of 0.9 points versus last year, to 82.4 per cent. Traffic comprised a 4.3 per cent increase in premium traffic and a 0.7 per cent increase in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, rose by 1.4 per cent.
Market conditions remain as previously anticipated, with strong yield performance in both premium and non-premium cabins.
Iberia announced that it was satisfied with British Airways' pension recovery plan, and that it would not exercise its option to terminate the merger agreement between the two airlines. The merger is expected to be completed around the end of 2010.
The full board of International Consolidated Airlines Group (IAG), which will be the holding company formed by the British Airways and Iberia merger, was announced. Both British Airways and Iberia nominated seven board members each.
British Airways, American Airlines and Iberia signed a joint business agreement which will allow the three carriers to cooperate on flights across the Atlantic.
The airline's first Boeing 777-300ER entered into service at the beginning of the month, operating to Mumbai. The airline has now taken delivery of its second 777-300ER.
British Airways announced the launch of a new, five times per week service to Tokyo's Haneda airport which will start next February. The airline will also begin direct, daily services to Buenos Aires from next March and increase frequency on Barbados, Antigua and St Lucia-Port of Spain services.
The airline reached agreement with its terminal-based customer service staff on a productivity deal, which will provide a more flexible, cost-efficient and customer focused ground operation at Heathrow.
BRITISH AIRWAYS SCHEDULED SERVICES |
||||||||
|
|
|
Financial year to date |
|
||||
|
Month of September |
|
April to September |
|
||||
|
|
|
Change |
|
|
|
Change |
|
|
2010 |
2009 |
(%) |
|
2010 |
2009 |
(%) |
|
Passengers carried (000) |
|
|
|
|
|
|
|
|
UK/Europe |
1,935 |
1,822 |
+6.2 |
|
10,180 |
10,984 |
-7.3 |
|
Americas |
685 |
684 |
+0.2 |
|
3,893 |
4,169 |
-6.6 |
|
Asia Pacific |
126 |
135 |
-6.4 |
|
688 |
833 |
-17.4 |
|
Africa and Middle East |
301 |
282 |
+6.9 |
|
1,663 |
1,753 |
-5.1 |
|
Total |
3,047 |
2,923 |
+4.3 |
|
16,423 |
17,738 |
-7.4 |
|
|
|
|
|
|
|
|
|
|
Revenue passenger km (m) |
|
|
|
|
|
|
|
|
UK/Europe |
2,011 |
1,937 |
+3.8 |
|
10,759 |
11,688 |
-8.0 |
|
Americas |
4,701 |
4,655 |
+1.0 |
|
26,668 |
28,275 |
-5.7 |
|
Asia Pacific |
1,326 |
1,410 |
-5.9 |
|
7,122 |
8,659 |
-17.8 |
|
Africa and Middle East |
1,915 |
1,825 |
+5.0 |
|
10,742 |
11,371 |
-5.5 |
|
Total |
9,954 |
9,826 |
+1.3 |
|
55,290 |
59,993 |
-7.8 |
|
|
|
|
|
|
|
|
|
|
Available seat km (m) |
|
|
|
|
|
|
|
|
UK/Europe |
2,469 |
2,452 |
+0.7 |
|
13,954 |
15,236 |
-8.4 |
|
Americas |
5,619 |
5,515 |
+1.9 |
|
32,442 |
33,725 |
-3.8 |
|
Asia Pacific |
1,508 |
1,581 |
-4.6 |
|
8,702 |
10,224 |
-14.9 |
|
Africa and Middle East |
2,486 |
2,502 |
-0.7 |
|
14,585 |
15,174 |
-3.9 |
|
Total |
12,082 |
12,049 |
+0.3 |
|
69,682 |
74,359 |
-6.3 |
|
|
|
|
|
|
|
|
|
|
Passenger load factor (%) |
|
|
|
|
|
|
|
|
UK/Europe |
81.4 |
79.0 |
+2.4 |
pts |
77.1 |
76.7 |
+0.4 |
pts |
Americas |
83.7 |
84.4 |
-0.7 |
pts |
82.2 |
83.8 |
-1.6 |
pts |
Asia Pacific |
88.0 |
89.2 |
-1.2 |
pts |
81.8 |
84.7 |
-2.9 |
pts |
Africa and Middle East |
77.1 |
72.9 |
+4.2 |
pts |
73.6 |
74.9 |
-1.3 |
pts |
Total |
82.4 |
81.5 |
+0.9 |
pts |
79.3 |
80.7 |
-1.4 |
pts |
|
|
|
|
|
|
|
|
|
Revenue tonne km (RTK) (m) |
|
|
|
|
|
|
|
|
Cargo tonne km (CTK) |
387 |
381 |
+1.4 |
|
2,294 |
2,240 |
+2.4 |
|
Total RTK |
1,391 |
1,363 |
+2.0 |
|
7,885 |
8,233 |
-4.2 |
|
Available tonne km (m) |
1,845 |
1,795 |
+2.8 |
|
10,701 |
11,080 |
-3.4 |
|
|
|
|
|
|
|
|
|
|
Overall load factor (%) |
75.4 |
75.9 |
-0.5 |
pts |
73.7 |
74.3 |
-0.6 |
pts |
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 programs, 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 itemize 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. Further information on some of the most important risks in this regard is given in the Company's Annual Report and Accounts for the year ended March 31, 2010, which is available on www.bashareholders.com.
Investor Relations, Waterside (HAA3), PO Box 365, Harmondsworth, UB7 OGB: Tel: +44 (0) 20 8738 6947