Traffic & capacity statistics

British Airways PLC
03 July 2003


TRAFFIC AND CAPACITY STATISTICS - June 2003


Summary of the headline figures


In June 2003, overall load factor rose 1.3 points to 70.3 per cent. Passenger
capacity, measured in Available Seat Kilometres, was 3.1 per cent above June
2002 and traffic, measured in Revenue Passenger Kilometres, was higher by 5.8
per cent. This resulted in a passenger load factor up 2.0 points versus last
year, to 76.8 per cent. The increase in traffic comprised a 2.5 per cent
reduction in premium traffic and a 7.3 per cent increase in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, fell by 1.2 per cent.

For the April to June quarter, ASKs rose by just 0.1 percent, with RPKs rising
by 2.1 percent. This resulted in an increase in passenger load factor of 1.4
points, to 70.4 percent. This comprised a 12.4 per cent fall in premium traffic
and a 4.9 percent increase in non-premium traffic. CTKs rose by 0.2 per cent

Market conditions

Traffic is gradually improving from the lowest levels seen earlier this year
largely driven by last minute bookings that have been stronger than in previous
years. Yields continue weak, and the outlook is for revenue in the first quarter
to be well down on the previous year. The operating result for the quarter is
expected to be marginally positive. The outlook remains fragile with traffic
volumes being very sensitive to yield.

Costs

As a result of Yen depreciation against sterling, there will be a non-cash
accounting profit of £45 million in the first quarter financial results. The
loss on disposal from dba (formerly Deutsche BA) of £79 million will be included
in the first quarter. Fuel costs for the financial year ending 31 March 2004 are
still expected to be approximately £100 million higher than for the year ended
31 March 2003. The company is currently some 45% hedged in quarter two, some 35%
hedged in quarter three and 30% hedged for quarter four.

Strategic Developments

British Airways called for the development of a second runway at Birmingham
airport, an extra runway at Edinburgh or Glasgow airport and new passenger
terminals at Manchester airport in its response to the government's regional air
studies consultation on UK airports development outside south east England up to
2030. The airline also said any new runway at London Heathrow airport should
have between 30 and 60 daily take-offs and landings reserved for extra flights
to more UK regional airports.

British Airways welcomed the decision by the Transport Council to grant the
European Commission a mandate to negotiate a new air treaty to replace existing
bilaterals between the European Union member states and the United States.

British Airways has been named as the 'best low cost airline' in an annual
Guardian newspaper poll. The airline, which restructured its European and
domestic fare structure in summer 2002, now offers new reduced fares on more
than 180 routes across the continent.

From July 1, 2003 British Airways UK and Jersey reservation and general
enquiries telephone lines will be merged into a new number - 0870 850 9 850.

                                      Ends

3 July 2003                                              082/KG/2003


                                BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS

                                         Month of June                               Financial year to date
                                                                                       April through June
BRITISH AIRWAYS GROUP                                        Change                                    Change
SCHEDULED SERVICES                  2003          2002          (%)            2003       2002            (%)
Passengers carried (000)
UK/Europe                           2437          2338         +4.2            6958       6850           +1.6
Americas                             672           606        +10.9            1812       1682           +7.7
Asia Pacific                         102           132        -22.5             272        376          -27.5
Africa and Middle East               221           195        +13.5             606        581           +4.2
Total                               3432          3270         +4.9            9649       9490           +1.7
Revenue passenger km (m)
UK/Europe                           2034          1873         +8.6            5686       5394           +5.4
Americas                            4458          4069         +9.6           12145      11328           +7.2
Asia Pacific                        1097          1329        -17.5            2965       3814          -22.3
Africa and Middle East              1465          1284        +14.1            4124       3872           +6.5
Total                               9054          8555         +5.8           24919      24408           +2.1
Available seat km (m)
UK/Europe                           2799          2609         +7.3            8367       7935           +5.4
Americas                            5381          5181         +3.9           15580      15723           -0.9
Asia Pacific                        1612          1701         -5.2            4847       5075           -4.5
Africa and Middle East              2001          1946         +2.8            5929       5954           -0.4
Total                              11794         11438         +3.1           34722      34688           +0.1
Passenger load factor (%)
UK/Europe                           72.6          71.8         +0.8 pts        68.0       68.0           +0.0 pts
Americas                            82.8          78.5         +4.3 pts        78.0       72.0           +6.0 pts
Asia Pacific                        68.1          78.2        -10.1 pts        61.2       75.2          -14.0 pts
Africa and Middle East              73.2          66.0         +7.2 pts        69.6       65.0           +4.6 pts
Total                               76.8          74.8         +2.0 pts        71.8       70.4           +1.4 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK)                 357           361         -1.2            1054       1053           +0.2
Total RTK                           1260          1215         +3.7            3536       3484           +1.5
Available tonne km (m)              1792          1760         +1.8            5285       5334           -0.9
Overall load factor (%)             70.3          69.0         +1.3 pts        66.9       65.3           +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 (HCB3)

                                                                      PO Box 365

                                                                   Harmondsworth

                                                                         UB7 OGB

                                                       Tel: [phone]

                                                       Fax: [phone]


                      This information is provided by RNS
            The company news service from the London Stock Exchange              UPWGCW