Traffic & Capacity Statistics

British Airways PLC 05 August 2002 TRAFFIC AND CAPACITY STATISTICS - JULY 2002 Summary of the headline figures In July, overall load factor improved by 2.1 points to 69.9 per cent. Passenger capacity, measured in Available Seat Kilometres, was 12.1 per cent below July 2001 while traffic, measured in Revenue Passenger Kilometres, fell by 12.9 per cent. This resulted in a small passenger load factor decline of 0.6 points versus last year, to 76.5 per cent. The decline in traffic comprised a 12.1 per cent decrease in premium traffic and a 13.0 per cent fall in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, increased by 2.1 per cent. Market conditions The overall market outlook continues to be soft. Strategic developments British Airways and Iberia Airlines signed a new commercial agreement to work more closely across their complementary global networks. When fully developed and implemented, benefits of the new deal will include improved frequent flyer benefits, shared airport facilities to improve transfer services at Madrid, Barcelona and London, extension of code-sharing services, co-ordination of sales and marketing programmes and joint network planning. British Airways announced a commercial relationship, subject to EC regulatory approval, and a Heathrow slot exchange with SN Brussels Airlines whereby the SNBA flight code will placed on all British Airways services between Brussels and London from October 27, 2002. British Airways extended its new shorthaul pricing initiative to 37 more European routes including Germany, Switzerland and Austria, taking the total to 108. The extension of the rollout includes 20 regional departures operated by British Airways' wholly owned subsidiary British Airways CitiExpress. British Airways welcomed the Government announcement on options for improving airport infrastructure across the UK. Lambeth Council voted unanimously to recommend permanent planning permission for the British Airways London Eye on its South Bank site, opposite the Houses of Parliament. The recommendation will be passed to the Mayor of London and then to the Secretary of State for Environment for a final decision later this summer. Current planning permission was due to expire in March 2005. British Airways announced its winter 2002 schedule which included increased services to profitable destinations and a further eight route transfers from London Gatwick to Heathrow in line with its Future Size and Shape strategy. The British Airways Investor Day 2003 will take place on Wednesday, 12 March 2003. August 5, 2002 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of July Financial year to date April through July BRITISH AIRWAYS GROUP Change Change SCHEDULED SERVICES 2002 2001 (%) 2002 2001 (%) Passengers carried (000) UK/Europe 2551 2799 -8.8 9404 10208 -7.9 Americas 621 680 -8.6 2304 2525 -8.8 Asia Pacific 140 169 -17.3 516 601 -14.2 Africa and Middle East 214 271 -21.1 795 959 -17.1 Total 3526 3918 -10.0 13018 14293 -8.9 Revenue passenger km (m) UK/Europe 2056 2302 -10.7 7452 8380 -11.1 Americas 4187 4627 -9.5 15515 17175 -9.7 Asia Pacific 1435 1697 -15.4 5250 5981 -12.2 Africa and Middle East 1408 1804 -22.0 5280 6444 -18.1 Total 9085 10430 -12.9 33497 37981 -11.8 Available seat km (m) UK/Europe 2771 3274 -15.4 10705 12625 -15.2 Americas 5330 5811 -8.3 21051 22849 -7.9 Asia Pacific 1788 2056 -13.1 6863 8212 -16.4 Africa and Middle East 1991 2380 -16.3 7947 9426 -15.7 Total 11880 13521 -12.1 46565 53113 -12.3 Passenger load factor (%) UK/Europe 74.2 70.3 +3.9 pts 69.6 66.4 +3.2 pts Americas 78.6 79.6 -1.0 pts 73.7 75.2 -1.5 pts Asia Pacific 80.3 82.5 -2.2 pts 76.5 72.8 +3.7 pts Africa and Middle East 70.7 75.8 -5.1 pts 66.4 68.4 -2.0 pts Total 76.5 77.1 -0.6 pts 71.9 71.5 +0.4 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 362 355 +2.1 1409 1448 -2.6 Total RTK 1269 1393 -8.9 4749 5212 -8.9 Available tonne km (m) 1817 2055 -11.6 7148 8049 -11.2 Overall load factor (%) 69.9 67.8 +2.1 pts 66.4 64.8 +1.6 pts 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 2002. 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 GCA

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