Traffic & capacity statistics

British Airways PLC 3 July 2002 TRAFFIC AND CAPACITY STATISTICS - JUNE 2002 Summary of the headline figures In a month that was impacted by air traffic control disruption in Europe, overall load factor improved by 1.3 points to 69.0 per cent. Passenger capacity in June, measured in Available Seat Kilometres, was 12.7 per cent below June 2001 while traffic, measured in Revenue Passenger Kilometres, fell by 13.1 per cent. This resulted in a small passenger load factor decline of 0.4 points versus last year, to 74.8 per cent. The decline in traffic comprised a 13.2 per cent decrease in premium traffic and a 13.1 per cent fall in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, decreased by 3.8 per cent. For the April-June quarter, overall load factor rose 1.6 points, with passenger load factor rising 0.8 points to 70.3 per cent. ASKs reduced by 12.4 per cent, while RPKs fell by 11.4 per cent, resulting in a passenger load factor of 70.3 per cent. Premium traffic fell by 8.8 per cent, with non-premium falling by 11.9 per cent. CTKs reduced by 4.5 per cent. Market conditions An already soft market was further affected in June by air traffic control disruption, falling confidence in financial markets, two public holidays for the Queen's Golden Jubilee and the World Cup keeping many people at home. The overall market outlook continues to be soft. In UK/Europe, seat factors are expected to benefit from the further roll-out of new fare structures through the summer. Costs With markets remaining soft as expected, progress towards restructuring the cost base under the Future Size and Shape project remains comfortably on track. The next market update will be on August 2, with the first quarter results. Strategic developments British Airways launched the next phase of its shorthaul initiatives announced as part of the Future Size and Shape project in February. Air fares have been reduced on 42 more routes, making a total of 71 routes. Saturday night stay and advance purchase restrictions have now been removed for new lower year round air tickets on domestic flights in the UK and from the UK to France, Italy, Portugal, Holland, Sweden, Norway and Denmark. A series of key new initiatives was unveiled by the oneworld alliance. The new steps include a major extension of alliance activity into the areas of cargo, engineering and maintenance, insurance, flight operations training and revenue accounting. British Airways and Finnair, are expanding their current codesharing arrangements by adding destinations in South Africa, Canada, and the UK regions. July 3, 2002 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of June Financial year to date April through June BRITISH AIRWAYS GROUP Change Change SCHEDULED SERVICES 2002 2001 (%) 2002 2001 (%) Passengers carried (000) UK/Europe 2338 2656 -12.0 6850 7409 -7.5 Americas 606 686 -11.7 1682 1846 -8.9 Asia Pacific 132 145 -9.3 376 432 -13.0 Africa and Middle East 195 238 -18.2 581 688 -15.5 Total 3270 3725 -12.2 9490 10375 -8.5 Revenue passenger km (m) UK/Europe 1873 2168 -13.6 5394 6078 -11.3 Americas 4069 4642 -12.4 11328 12548 -9.7 Asia Pacific 1329 1446 -8.1 3814 4284 -11.0 Africa and Middle East 1284 1594 -19.5 3872 4640 -16.6 Total 8555 9850 -13.1 24408 27551 -11.4 Available seat km (m) UK/Europe 2609 3142 -16.9 7935 9351 -15.1 Americas 5181 5654 -8.4 15723 17038 -7.7 Asia Pacific 1701 1972 -13.8 5075 6156 -17.6 Africa and Middle East 1946 2327 -16.4 5954 7046 -15.5 Total 11438 13095 -12.7 34688 39592 -12.4 Passenger load factor (%) UK/Europe 71.8 69.0 +2.8 pts 68.0 65.0 +3.0 pts Americas 78.5 82.1 -3.6 pts 72.0 73.6 -1.6 pts Asia Pacific 78.2 73.3 +4.9 pts 75.2 69.6 +5.6 pts Africa and Middle East 66.0 68.5 -2.5 pts 65.0 65.8 -0.8 pts Total 74.8 75.2 -0.4 pts 70.4 69.6 +0.8 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 361 375 -3.8 1053 1096 -4.0 Total RTK 1215 1349 -9.9 3484 3819 -8.8 Available tonne km (m) 1760 1992 -11.6 5334 5994 -11.0 Overall load factor (%) 69.0 67.7 +1.3 pts 65.3 63.7 +1.6 pts Investor Relations Waterside (HBA1) 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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