Traffic and Capacity Stats

British Airways PLC
7 June 2002



TRAFFIC AND CAPACITY STATISTICS - MAY 2002



Summary of the headline figures

Passenger load factor in May 2002 increased by 2.0 points versus last year,
rising to 66.9 per cent. This was driven by a 10.2 per cent reduction in
traffic, measured in Revenue Passenger Kilometres, on a reduction in capacity,
measured in Available Seat Kilometres, of 12.9 per cent. The reduction in
traffic comprised a 9.1 per cent decline in premium traffic and a 10.4 per cent
fall in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, fell by
3.7 per cent.


Market conditions

Market conditions remain unchanged. Traffic volumes in shorthaul, particularly
in the UK, and Asia Pacific offer some encouragement. Market share gains in the
Americas region are helping to keep seat factors broadly unchanged, on a
capacity reduction of just 7%. Premium traffic remains stable.


Strategic developments

British Airways signed a binding 'heads of agreement' deal with easyJet for the
sale of Deutsche BA (DBA). Under the terms of the deal British Airways is
granting easyJet the option to buy 100 per cent of Deutsche BA, by March 31,
2003. The deal is potentially worth between £18.3 million (30 million Euros) and
£28 million (46 million Euros), dependent on when easyJet exercises the option.

British Airways announced it is to change the pension provision it makes for
future new UK employees, moving from a defined benefit final salary basis to a
defined contribution basis from autumn 2002. The decision will not affect the
pension benefits of the 65,000 members of NAPS, the New Airways Pension Scheme,
or the 36,000 members of APS, the original Airways Pension Scheme, which was
available to employees who joined before 1984.


                                      ends

June 7, 2002                                                  LE/066/02


BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS


                                       Month of May                                  Financial year to date
                                                                                       April through May
BRITISH AIRWAYS GROUP                                         Change                                      Change
SCHEDULED SERVICES                       2002        2001        (%)               2002          2001        (%)

Passengers carried (000)

UK/Europe                                2301        2504       -8.1               4511          4753       -5.1

Americas                                  542         581       -6.7               1077          1160       -7.2

Asia Pacific                              119         134      -11.2                243           286      -15.0

Africa and Middle East                    181         214      -15.1                387           450      -14.1

Total                                    3144        3433       -8.4               6217          6650       -6.5

Revenue passenger km (m)

UK/Europe                                1799        2019      -10.9               3519          3911      -10.0

Americas                                 3637        3951       -8.0               7259          7906       -8.2

Asia Pacific                             1214        1329       -8.7               2480          2838      -12.6

Africa and Middle East                   1205        1448      -16.8               2588          3046      -15.0

Total                                    7855        8747      -10.2              15846         17700      -10.5

Available seat km (m)

UK/Europe                                2686        3216      -16.5               5324          6209      -14.2

Americas                                 5343        5765       -7.3              10542         11384       -7.4

Asia Pacific                             1735        2092      -17.1               3375          4184      -19.3

Africa and Middle East                   1975        2400      -17.7               4008          4719      -15.1

Total                                   11740       13474      -12.9              23249         26497      -12.3

Passenger load factor (%)

UK/Europe                                67.0        62.8       +4.2 pts           66.1          63.0       +3.1 pts

Americas                                 68.1        68.5       -0.4 pts           68.9          69.4       -0.5 pts

Asia Pacific                             69.9        63.5       +6.4 pts           73.5          67.8       +5.7 pts

Africa and Middle East                   61.0        60.3       +0.7 pts           64.6          64.5       +0.1 pts

Total                                    66.9        64.9       +2.0 pts           68.2          66.8       +1.4 pts

Revenue tonne km (RTK) (m)

Cargo tonne km (CTK)                      363         377       -3.7                695           724       -4.1

Total RTK                                1145        1238       -7.4               2272          2470       -8.0

Available tonne km (m)                   1804        2037      -11.5               3570          4003      -10.8

Overall load factor (%)                  63.5        60.7       +2.8 pts           63.6          61.7       +1.9 pts


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