Traffic and capacity stats

British Airways PLC 03 September 2003 TRAFFIC AND CAPACITY STATISTICS - August 2003 Summary of the headline figures In August 2003, overall load factor increased 0.1 points to 69.6 per cent. Passenger capacity, measured in Available Seat Kilometres, was 3.6 per cent above August 2002 and traffic, measured in Revenue Passenger Kilometres, was higher by 4.8 per cent. This resulted in a passenger load factor up 0.9 points versus last year, to 77.4 per cent. The increase in traffic comprised a 1.1 per cent increase in premium traffic and a 5.3 per cent increase in non-premium traffic. The statistics are distorted by the power outage in Canada and the East Coast of the United States. Cargo, measured in Cargo Tonne Kilometres, fell by 0.3 per cent. Market conditions Overall market conditions are broadly unchanged with traffic volumes remaining very sensitive to yield. Premium volumes have stabilised, but are however still significantly below levels seen previously. Strategic Developments British Airways announced further steps to reduce its distribution costs in order to improve profitability. From December 1, 2003, the airline will introduce a commission based payment scheme of 1 per cent for UK travel agents who make British Airways' bookings. This replaces sector payments, which were introduced in April 2001. The airline announced its first set of codeshare flights with oneworld partner American Airlines that will ultimately add more than 100 new destinations to its network. The codeshare routes, on destinations beyond British Airways' 18 US gateway cities and American Airlines' UK gateways, will be introduced in phases. The first cities are Raleigh Durham, Nashville, Cincinnati, Indianapolis, Minneapolis St Paul, Pittsburgh, New Orleans, Panama City and San Antonio, bookable now for travel from September 17. Speedwing International Limited, a subsidiary of British Airways Plc, disposed of its trading division Speedwing Mobile Communications to AirRadio Limited - a company forming part of the Spice Holdings Plc Group. The consideration for the sale of the business and assets is £4.6 million. British Airways was given permission to start flights to Basra in Iraq. The airline plans to fly twice a week, via Kuwait, using a Boeing 777 aircraft, once safety and security clearances have been finalised. September 3, 2003 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of August Financial year to date April through August BRITISH AIRWAYS GROUP Change Change SCHEDULED SERVICES 2003 2002 (%) 2003 2002 (%) Passengers carried (000) UK/Europe 2234 2240 -0.3 11452 11406 +0.4 Americas 649 614 +5.8 3113 2918 +6.7 Asia Pacific 135 135 -0.5 534 651 -18.1 Africa and Middle East 250 232 +8.1 1092 1027 +6.4 Total 3268 3221 +1.5 16191 16002 +1.2 Revenue passenger km (m) UK/Europe 1990 1882 +5.7 9649 9213 +4.7 Americas 4314 4130 +4.5 20805 19649 +5.9 Asia Pacific 1415 1395 +1.5 5723 6644 -13.9 Africa and Middle East 1640 1527 +7.4 7302 6807 +7.3 Total 9359 8933 +4.8 43479 42313 +2.8 Available seat km (m) UK/Europe 2685 2526 +6.3 13708 13033 +5.2 Americas 5503 5359 +2.7 26554 26414 +0.5 Asia Pacific 1834 1779 +3.1 8527 8642 -1.3 Africa and Middle East 2068 2012 +2.8 10066 9958 +1.1 Total 12090 11675 +3.6 58856 58048 +1.4 Passenger load factor (%) UK/Europe 74.1 74.5 -0.4 pts 70.4 70.7 -0.3 pts Americas 78.4 77.1 +1.3 pts 78.3 74.4 +3.9 pts Asia Pacific 77.2 78.4 -1.2 pts 67.1 76.9 -9.8 pts Africa and Middle East 79.3 75.9 +3.4 pts 72.5 68.4 +4.1 pts Total 77.4 76.5 +0.9 pts 73.9 72.9 +1.0 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 341 342 -0.3 1723 1745 -1.3 Total RTK 1282 1242 +3.3 6068 5974 +1.6 Available tonne km (m) 1842 1787 +3.1 8983 8913 +0.8 Overall load factor (%) 69.6 69.5 +0.1 pts 67.6 67.0 +0.6 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. Investor Relations Waterside (HCB3) PO Box 365 Harmondsworth UB7 OGB Tel: +44 (0) 20 8738 6947 Fax: +44( 0) 20 8738 9602 This information is provided by RNS The company news service from the London Stock Exchange

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