British Airways PLC
05 November 2002
TRAFFIC AND CAPACITY STATISTICS - OCTOBER 2002
Summary of the headline figures
Comparisons of October 2002 traffic and capacity statistics with October 2001
must take into account the impact and aftermath of the terrorist attacks in the
United States. In October 2002, overall load factor improved by 10.0 points to
68.5 per cent. Passenger capacity, measured in Available Seat Kilometres, was
4.0 per cent below October 2001 while traffic, measured in Revenue Passenger
Kilometres, rose by 11.0 per cent. This resulted in a passenger load factor
improvement of 9.8 points versus last year, to 73.0 per cent. The rise in
traffic comprised a 26.3 per cent increase in premium traffic and an 8.5 per
cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres,
increased by 15.7 per cent.
Market conditions
The overall market outlook remains unchanged.
Strategic developments
British Airways announced the start of the first ever scheduled airline service
between the UK and Angola. The weekly service to the Angolan capital, Luanda
began on November 1, 2002. Flights will depart from London's Heathrow airport on
a Friday and return from Luanda's 4 de Fevererio International airport on a
Saturday. The services will be operated by a Boeing 777 aircraft with a three
cabin configuration, First, Club World and World Traveller.
British Airways and its oneworld partner, Iberia, expanded their codesharing
arrangements. From the start of the winter schedule on 27 October, 2002, the
Iberia code was added to all British Airways flights from London, Heathrow to
Madrid and Barcelona and the British Airways code was added to Iberia flights on
the same routes. This means there will be 11 flights a day from Heathrow to
Madrid and eight daily flights to Barcelona. This is the first phase in the
airlines' wide ranging commercial agreement which was signed in July 2002 and
aims to deepen the relationship between the two businesses. The airlines began
working together in 1999 and now codeshare on around 40 UK and internationals
routes with sales representation for each other in 27 countries world-wide.
The British Airways London Eye launched a new website, at www.ba-londoneye.com,
which is designed to be more interactive and user friendly to enable faster,
easier booking on-line.
November 5, 2002
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of October Financial year to date
April through October
Change Change
2002 2001 (%) 2002 2001 (%)
Passengers carried (000)
UK/Europe 2407 2257 +6.6 16727 17604 -5.0
Americas 569 471 +20.8 4062 4145 -2.0
Asia Pacific 139 132 +5.2 933 1039 -10.2
Africa and Middle East 213 198 +7.7 1462 1673 -12.6
Total 3327 3057 +8.8 23184 24461 -5.2
Revenue passenger km (m)
UK/Europe 1880 1773 +6.0 13281 14355 -7.5
Americas 3825 3237 +18.2 27355 28245 -3.2
Asia Pacific 1398 1327 +5.4 9512 10357 -8.2
Africa and Middle East 1455 1376 +5.7 9760 11223 -13.0
Total 8558 7713 +11.0 59907 64181 -6.7
Available seat km (m)
UK/Europe 2740 3113 -12.0 18815 22100 -14.9
Americas 5183 5102 +1.6 36666 38769 -5.4
Asia Pacific 1775 1949 -8.9 12144 14060 -13.6
Africa and Middle East 2025 2050 -1.2 13975 15980 -12.5
Total 11723 12213 -4.0 81600 90908 -10.2
Passenger load factor (%)
UK/Europe 68.6 57.0 +11.6 pts 70.6 65.0 +5.6 pts
Americas 73.8 63.4 +10.4 pts 74.6 72.9 +1.7 pts
Asia Pacific 78.8 68.1 +10.7 pts 78.3 73.7 +4.6 pts
Africa and Middle East 71.8 67.1 +4.7 pts 69.8 70.2 -0.4 pts
Total 73.0 63.2 +9.8 pts 73.4 70.6 +2.8 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 377 326 +15.7 2481 2356 +5.3
Total RTK 1227 1092 +12.4 8460 8745 -3.3
Available tonne km (m) 1790 1866 -4.1 12527 13770 -9.0
Overall load factor (%) 68.5 58.5 +10.0 pts 67.5 63.5 +4.0 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 (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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