Traffic&Capacity - March
British Airways PLC
5 April 2000
TRAFFIC AND CAPACITY STATISTICS - MARCH 2000
Summary of the headline figures
Premium traffic rose by 8.5 per cent in March, representing the 9th
consecutive month of growth over last year. Premium traffic for the
year ending 31 March 2000 rose by 4 per cent.
Capacity measured in Available Seat Kilometres fell by 1.2 per cent in
March with Revenue Passenger Kilometres falling by 4.0 per cent. This
caused the seat factor to fall by 2.1 points. In terms of traffic mix
by cabin, premium traffic rose by 8.5 per cent in the month, with non-
premium traffic falling by 6.1 per cent. Due to the timing of the
Easter holiday, business traffic has been relatively stronger than in
March 1999, with leisure travel correspondingly weaker. Cargo traffic
was again strong, with Cargo Tonne Kilometres up 9.4 per cent. This
helped to raise the overall load factor by 0.7 points, to 69.1 per
cent.
For the full financial year, ASKs rose by 0.6 per cent, with RPKs
falling by 0.7 per cent. Premium traffic rose by 4.0 per cent, with
non premium traffic falling by 1.6 per cent.
Market conditions
Trading conditions are unchanged, with the positive trend in premium
traffic seen in recent months expected to continue. April will also
show some distortion as a result of the Easter holiday, with more
leisure travel in the week before and after the holiday week-end. The
beneficial effect on yield of a higher mix of premium passengers seen
in the December quarter has continued through the final quarter of the
financial year.
Costs
At the end of March, the value of the yen stood at Yen 163.60 to the
pound, compared to Yen 165.20 at the end of December 1999. The Group
will therefore have a non-cash accounting charge of £9 million in the
fourth quarter financial results.
Strategic developments
British Airways paid the second and final instalment of its investment
in Iberia Lineas Aereas de Espana. This completes the acquisition of 9
per cent of the shares in Iberia, at a total of Ptas41 billion (£155
million). If the price of the shares in Iberia offered through its
public flotation is less, the sum paid by British Airways will be
reduced accordingly.
British Airways and Cathay Pacific signed a code-share agreement, such
that Cathay Pacific's CX code is being carried on British Airways'
flights linking London Heathrow with Belfast, Edinburgh, Glasgow and
Manchester. Code-sharing began on March 26 and provides smoother
connections to and from Cathay Pacific's twice-daily Hong Kong
services.
Also from March 26, code-sharing between British Airways and Aer
Lingus began. The BA prefix has been added to Aer Lingus flights
between Dublin and Heathrow, Gatwick, Birmingham, Bristol, Edinburgh,
Glasgow, Manchester and Newcastle, and between Cork and Birmingham.
Aer Lingus' EI code is added to CityFlyer Express' services between
Gatwick and Dublin, and British Airways mainline flights between
Heathrow and Berlin, Bologna, Copenhagen, Munich, Nice, Venice and
Vienna.
The oneworld alliance governing board confirmed that Canadian Airlines
International will cease to participate in the alliance or offer
customer benefits from 1 June, 2000. The oneworld airlines will
continue to provide services to seven Canadian cities with 64 daily
flights.
British Airways announced that it is to roll out a free on-line
information service for leisure and business travel agencies. This
will give the UK travel trade extranet capability, allowing the agent
to view product and service information, special promotions, training
information and an on-line service to enable agents to talk to the
trade query centre. Following the success of the trial period, the
roll-out will be implemented from May.
Destinations in Japan, South Africa and Europe were added to the list
of destinations on which e-ticket travel is available. E-tickets are
now valid on services to Tokyo, Cape Town, Johannesburg, Budapest,
Prague, Istanbul and Warsaw. This follows the success of ticketless
travel to 14 European countries and 22 US destinations. More than one-
third of travellers to these destinations take advantage of the e-
ticketing, with nearly 40 per cent of passengers on domestic flights
using this service.
April 5, 2000
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of March Financial year to date
April through March
BRITISH AIRWAYS MAINLINE Change Change
SCHEDULED SERVICES 2000 1999 (%) 1999/2000 1998/1999 (%)
Passengers carried (000)
UK/Europe 1921 2021 -5.0 23063 23773 -3.0
Intercontinental 1137 1180 -3.7 13282 13317 -0.3
Total 3058 3202 -4.5 36346 37090 -2.0
Revenue passenger km (m)
UK/Europe 1718 1794 -4.3 20835 21373 -2.5
Intercontinental 8197 8538 -4.0 96625 96940 -0.3
Total 9915 10332 -4.0 117460 118312 -0.7
Available seat km (m)
UK/Europe 2776 2812 -1.3 33126 32764 +1.1
Intercontinental 11189 11320 -1.2 135232 134530 +0.5
Total 13964 14132 -1.2 168359 167294 +0.6
Passenger load factor (%)
UK/Europe 61.9 63.8 -1.9pts 62.9 65.2 -2.3pts
Intercontinental 73.3 75.4 -2.1pts 71.5 72.1 -0.6pts
Total 71.0 73.1 -2.1pts 69.8 70.7 -0.9pts
Revenue tonne km (RTK)(m)
Cargo tonne km (CTK)398 363 +9.4 4537 4275 +6.1
Total RTK 1398 1391 +0.5 16256 16077 +1.1
Available tonne 2022 2032 -0.5 24397 23980 +1.7
km(m)
Overall load 69.1 68.4 +0.7pts 66.6 67.0 -0.4pts
factor (%)
TOTAL GROUP SCHEDULED SERVICES
(including Deutsche BA, Air Liberte and Cityflyer Express wef 5.11.1999)
Passengers 3816 3793 +0.6 43864 43723 +0.3
carried (000)
Revenue passenger 10554 10877 -3.0 124157 124283 -0.1
km(m)
Available seat 14921 14942 -0.1 178406 176397 +1.1
km(m)
Total RTK (m) 1461 1446 +1.0 16926 16685 +1.4
Available tonne 2114 2111 +0.2 25363 24863 +2.0
km(m)
Shareholder Value
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