British Airways PLC
05 July 2005
TRAFFIC AND CAPACITY STATISTICS - June 2005
Summary of the headline figures
In June 2005, passenger capacity, measured in Available Seat Kilometres, was 3.0
per cent above June 2004. Traffic, measured in Revenue Passenger Kilometres,
was higher by 4.7 per cent. This resulted in a passenger load factor up 1.2
points versus last year, to 78.9 per cent. The increase in traffic comprised an
8.6 per cent increase in premium traffic and a 4.1 per cent increase in
non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, fell by 1.6 per
cent. Overall load factor was flat at 71.2 per cent.
For the April to June quarter, ASKs rose by 1.7 per cent, with RPKs rising by
2.7 per cent. This resulted in an increase in passenger load factor of 0.7
points, to 75.6 per cent. This comprised a 8.6 per cent increase in premium
traffic and a 1.7 per cent increase in non-premium traffic. CTKs fell by 2.3
per cent.
Market conditions
Market conditions remain broadly unchanged.
Costs
As reported on June 24, 2005 total fuel costs for the year to March 2006 are
estimated to be £450 million higher than last year. The company now has 70%
hedging cover in place at an average cost of $42 for the remainder of the
financial year and 30% cover for calendar 2006 at an average cost of $46.
Strategic Developments
British Airways increased its fuel surcharge in the UK on June 24 from £16 to
£24 per sector (£48 return trip) on longhaul and from £6 to £8 (£16 a return
trip) on shorthaul as a result of further rises in the price of oil. Total
revenue for the year to March 2006 is expected to improve by 4.5-5.5 per cent,
up from the 4-5 per cent figure issued at the full year results on May 13, 2005,
due to the impact of these latest fuel surcharges.
The airline launched a five times a week service between London Heathrow and
Shanghai's Pudong airport operated by Boeing 777 aircraft.
The company launched a new television commercial promoting its softest ever
multi-award winning flat bed in Club World.
The 'manage my booking' feature on ba.com was revamped to offer customised
travel advice to passengers with a handy point-by-point list of tasks to help
ensure their trip goes without a hitch.
British Airways announced its support for the 'Sustainable Aviation' initiative,
a comprehensive programme to address aviation's impact on the environment.
British Airways announced it will launch a new winter service to Grenoble in
December this year. The new service will operate five times a week from Gatwick,
with prices from £79 return.
ends
July 5, 2005
066/KG/05
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of June Financial year
April through to June
BRITISH AIRWAYS Change Change
SCHEDULED SERVICES 2005 2004 (%) 2005 2004 (%)
Passengers carried (000)
UK/Europe 2133 2157 -1.1 6087 6230 -2.3
Americas 678 665 +2.0 1937 1918 +1.0
Asia Pacific 158 134 +17.7 430 385 +11.8
Africa and Middle East 236 235 +0.5 700 707 -1.1
Total 3205 3190 +0.5 9154 9241 -0.9
Revenue passenger km (m)
UK/Europe 2003 1937 +3.4 5659 5549 +2.0
Americas 4552 4436 +2.6 12962 12799 +1.3
Asia Pacific 1609 1369 +17.5 4427 3967 +11.6
Africa and Middle East 1580 1564 +1.1 4692 4700 -0.2
Total 9743 9305 +4.7 27740 27015 +2.7
Available seat km (m)
UK/Europe 2726 2618 +4.1 8207 7842 +4.7
Americas 5368 5284 +1.6 16016 15913 +0.6
Asia Pacific 2160 1938 +11.5 6084 5687 +7.0
Africa and Middle East 2092 2142 -2.3 6365 6624 -3.9
Total 12346 11982 +3.0 36672 36065 +1.7
Passenger load factor (%)
UK/Europe 73.5 74.0 -0.5 pts 69.0 70.8 -1.8 pts
Americas 84.8 83.9 +0.9 pts 80.9 80.4 +0.5 pts
Asia Pacific 74.5 70.6 +3.9 pts 72.8 69.8 +3.0 pts
Africa and Middle East 75.5 73.0 +2.5 pts 73.7 71.0 +2.7 pts
Total 78.9 77.7 +1.2 pts 75.6 74.9 +0.7 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 396 402 -1.6 1184 1212 -2.3
Total RTK 1367 1330 +2.8 3946 3898 +1.2
Available tonne km (m) 1919 1867 +2.8 5717 5638 +1.4
Overall load factor (%) 71.2 71.2 +0.0 pts 69.0 69.1 -0.1 pts
Certain statements included in this statement may be forward-looking and may
involve 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 and financing plans, expected future revenues and
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.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602
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