Traffic Statistics

British Airways PLC 5 December 2001 TRAFFIC AND CAPACITY STATISTICS - NOVEMBER 2001 Summary of the headline figures Capacity in November, measured in Available Seat Kilometres, was 14.6 per cent below November 2000. Traffic, measured in Revenue Passenger Kilometres, fell 17.8 per cent. The reduction in traffic comprised a 24.8 per cent decline in premium traffic and a 16.3 per cent fall in non-premium traffic. Passenger load factor of 63.9 per cent was down 2.4 points on November 2000. Cargo, measured in Cargo Tonne Kilometres, fell by 18.8 per cent. Market conditions Trading remains challenging. Although the traffic performance versus last year in November improved on October much of this was driven by successful promotional activity. Non-premium traffic has been responsive to this type of price stimulation. Premium traffic remains weak. The adverse mix and promotional activities are impacting yields. Strategic developments British Airways launched a UK based promotion in conjunction with Associated Newspapers offering tickets with savings of up to 60% against the lowest published fare. More than 100,000 discounted tickets were offered for sale during the promotion, for travel between 25 November 2001 and 21 March 2002. British Airways' Concorde returned to commercial service between London Heathrow and New York's JFK airport. In addition, Concorde services to Barbados resumed on 1 December, with one service per week between Heathrow and Bridgetown. This service will operate for the winter season, until 13 April 2002. British Airways announced that it is expanding capacity to Tobago, Grenada, Antigua and St Lucia for the winter to cope with the increased demand. The airline will operate two additional Boeing 777s per week: one from Gatwick to Tobago and Grenada from 3 February to 24 March 2002 (currently three services per week) and one from Gatwick to Antigua and St Lucia from 4 February to 25 March 2002 (currently two services per week). The CAA published its preliminary proposals for setting charges at Heathrow, Gatwick and Stansted for the five years from April 2003 to March 2008. The Secretary of State for Transport, Local Government and the Regions announced that the Government has decided to approve the building of Terminal 5 at London's Heathrow airport. British Airways announced the retirement of David Hyde, director of safety, security and environment, after 34 years with the company. David will leave the airline at the end of March 2002 and will be succeeded by Geoff Want, general manager operations control. Geoff has held a number of senior positions during his 25 years in the airline. David will continue to be actively involved on behalf of British Airways in a number of key non-executive roles. December 5, 2001 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Financial year to date Month of November April through November BRITISH AIRWAYS Change Change SCHEDULED SERVICES 2001 2000 (%) 2001 2000 (%) Passengers carried (000) UK/Europe 2027 2178 -6.9 19628 19798 -0.9 Americas 458 612 -25.1 4602 5854 -21.4 Asia Pacific 128 162 -21.1 1168 1482 -21.2 Africa and Middle East 198 225 -12.0 1871 1993 -6.1 Total 2811 3177 -11.5 27268 29127 -6.4 Revenue passenger km (m) UK/Europe 1531 1705 -10.2 15881 16585 -4.2 Americas 3138 4148 -24.3 31377 39971 -21.5 Asia Pacific 1324 1612 -17.9 11682 14600 -20.0 Africa and Middle East 1388 1513 -8.3 12610 13087 -3.6 Total 7382 8978 -17.8 71550 84244 -15.1 Available seat km (m) UK/Europe 2692 3012 -10.7 24790 24698 +0.4 Americas 4673 6002 -22.1 43445 51844 -16.2 Asia Pacific 2116 2208 -4.2 16176 18917 -14.5 Africa and Middle East 2077 2317 -10.3 18057 19556 -7.7 Total 11558 13539 -14.6 102468 115016 -10.9 Passenger load factor (%) UK/Europe 56.9 56.6 +0.3 pts 64.1 67.2 -3.1 pts Americas 67.2 69.1 -1.9 pts 72.2 77.1 -4.9 pts Asia Pacific 62.6 73.0 -10.4 pts 72.2 77.2 -5.0 pts Africa and Middle East 66.8 65.3 +1.5 pts 69.8 66.9 +2.9 pts Total 63.9 66.3 -2.4 pts 69.8 73.2 -3.4 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 347 428 -18.8 2696 3287 -18.0 Total RTK 1088 1323 -17.8 9832 11695 -15.9 Available tonne km (m) 1770 2017 -12.2 15555 16931 -8.1 Overall load factor (%) 61.5 65.6 -4.1 pts 63.2 69.1 -5.9 pts Investor Relations Waterside (HBA1) PO Box 365 Harmondsworth UB7 OGB Tel: +44 (0) 20 8738 6947 Fax: +44 (0) 20 8738 9602

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