British Airways PLC
5 July 2000
TRAFFIC AND CAPACITY STATISTICS - JUNE 2000
Summary of the headline figures
On the back of a 2.3 per cent capacity reduction, traffic,
measured in Revenue Passenger Kilometres, fell by 1.4 per cent
in June. Premium traffic grew by 6.8 per cent and non-premium
traffic fell by 2.7 per cent. Passenger load factor rose 0.6
points to 75.9 per cent.
These figures were impacted by the air traffic control problems
on 17 and 18 June, and by the French air traffic control strike
on 26 June. It is estimated that the impact was to reduce RPKs
by 0.8 percentage points and to reduce ASKs by 1.3 percentage
points.
For the first quarter of the year, RPKs grew by 2.8 per cent,
with premium traffic growing by 8.1 per cent and non-premium
growing by 2.0 per cent. With ASKs for the quarter falling
marginally by 0.1 per cent, passenger load factor rose by 2
points.
Market conditions
The revenue outlook for the key summer season continues to give
cause for cautious optimism with lower capacity growth in the
market supporting yields and seat factors.
Costs
Jet fuel prices have continued to rise, and although the Group
has hedged over 75 per cent of its fuel requirements for the
remainder of the financial year. Increased prices and the
strength of the US dollar against sterling will raise total fuel
and oil costs for the year to March 2001 by around £40 million,
if fuel prices persist at current levels.
At the end of June, the value of the yen stood at Yen 160.3 to
the pound, compared to Yen 163.6 at the end of March. The Group
will therefore have a non-cash accounting charge of £19 million
in the first quarter financial results.
Strategic developments
British Airways and KLM announced that they are in talks on a
possible combination of their businesses.
With the entry into service of the ninth Airbus A319 at
Birmingham, the last Boeing 737-200 was retired from the Eurohub
terminal. The first three A319s have also entered service at
Heathrow. Three 737-200s remain in operation at Manchester and
seven out of Gatwick.
British Airways and LanChile reached a code-sharing agreement
providing connections between Santiago and London. From 1
August, British Airways will terminate its current Santiago
service at Buenos Aires, and LanChile will operate connections
between Buenos Aires and Santiago. This replaces British
Airways' London-Buenos Aires-Santiago service, which has
struggles to make a profit since its introduction in 1993.
British Airways consolidated its leisure activities into one
division, to offer an integrated range of leisure products and
services. The division will be responsible for the complete
range of British Airways leisure products sold through all
distribution channels, including travel agents, tour operators,
British Airways Telesales, Travel Shops and Britishairways.com.
British Airways renewed its franchise agreement with GB Airways
for a further eight years. The Gatwick-based carrier has been a
franchise carrier since 1995.
National Jet Italia, a start-up carrier, has been added to the
British Airways franchise family, taking British Airways flights
into the Italian domestic market for the first time. NJI will
start flying from Rome to Palermo four times daily from 11 July.
July 5, 2000
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of June Financial year to date
April through June
BRITISH AIRWAYS MAINLINE Change Change
SCHEDULED SERVICES 2000 1999 (%) 2000 1999 (%)
Passengers carried (000)
UK/Europe 2091 2147 -2.6 6064 6044 +0.3
Americas 790 799 -1.1 2244 2199 +2.1
Asia Pacific 183 190 -3.3 553 538 +2.8
Africa and
Middle East 222 225 -1.2 684 652 +4.9
Total 3287 3361 -2.2 9546 9433 +1.2
Revenue passenger km (m)
UK/Europe 1901 1958 -2.9 5489 5451 +0.7
Americas 5384 5449 -1.2 15297 14962 +2.2
Asia Pacific 1766 1807 -2.3 5367 5170 +3.8
Africa and
Middle East 1453 1440 +0.9 4466 4182 +6.8
Total 10503 10653 -1.4 30619 29764 +2.9
Available seat km (m)
UK/Europe 2663 2766 -3.7 8094 8246 -1.8
Americas 6427 6740 -4.6 19702 19970 -1.3
Asia Pacific 2374 2384 -0.4 7334 7234 +1.4
Africa and
Middle East 2369 2263 +4.7 7221 6920 +4.3
Total 13834 14154 -2.3 42350 42370 -0.0
Passenger load factor (%)
UK/Europe 71.4 70.8 +0.6 pts 67.8 66.1 +1.7 pts
Americas 83.8 80.8 +3.0 pts 77.6 74.9 +2.7 pts
Asia Pacific 74.4 75.8 -1.4 pts 73.2 71.5 +1.7 pts
Africa and
Middle East 61.3 63.6 -2.3 pts 61.8 60.4 +1.4 pts
Total 75.9 75.3 +0.6 pts 72.3 70.2 +2.1 pts
Cargo tonne km (CTK)403 358 +12.6 1200 1031 +16.3
Total RTK 1454 1418 +2.5 4256 3993 +6.6
Available tonne km(m)2047 2036 +0.5 6220 6101 +2.0
Overall load factor(%)71.0 69.6 +1.4 pts 68.4 65.5 +2.9 pts
NON-MAINLINE SERVICES*
Passengers carried 644 724 -11.1 1922 2041 -5.8
(000)
Revenue passenger 490 641 -23.6 1433 1884 -23.9
km (m)
Available seat 750 994 -24.6 2167 2965 -26.9
km (m)
Total RTK 45 63 -0.3 130 186 -0.3
Available tonne 77 96 -0.2 222 287 -0.2
km (m)
TOTAL GROUP SCHEDULED SERVICES
Passengers carried 3931 4085 -3.8 11467 11474 -0.1
(000)
Revenue passenger 10993 11294 -2.7 32052 31648 +1.3
km (m)
Available seat 14584 15148 -3.7 44517 45334 -1.8
km (m)
Total RTK (m) 1498 1481 +1.2 4387 4180 +5.0
Available tonne 2124 2132 -0.4 6442 6387 +0.9
km (m)
*including DBA, Go & Shareholder Value
Cityflyer Express w.e.f. 5.11.1999, and Waterside (HEA3)
excluding Air Liberte w.e.f. 1.4.2000. PO Box 365, Harmondsworth
West Drayton, Middlesex UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44 (0) 20 8738 9602
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
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