Traffic stats November 2004

British Airways PLC 03 December 2004 TRAFFIC AND CAPACITY STATISTICS - November 2004 Summary of the headline figures In November 2004, passenger capacity, measured in Available Seat Kilometres, was 1.7 per cent above November 2003. Capacity was again impacted by some two percentage points as a result of planned reductions to the schedule announced in September. Traffic, measured in Revenue Passenger Kilometres, was higher by 1.0 per cent. This resulted in a passenger load factor down 0.5 points versus last year, to 71.3 per cent. The increase in traffic comprised a 3.7 per cent increase in premium traffic and a 0.6 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 5.6 per cent. Overall load factor rose by 0.9 points to 70.6 per cent. Market conditions Market conditions are broadly unchanged. All market segments remain price sensitive and yield declines are expected to continue. The total revenue outlook for the year to March 2005 is unchanged with a 2-3 per cent improvement driven by volume increases. Strategic Developments More than 2,000 customers have used a new facility on British Airways' website, ba.com, to upgrade their class of travel or upgrade their level of ticket flexibility in the last month. Benefits include allowing customers to see exactly what they are paying for, the full range of products and services included in the cost of the ticket and a more simplified set of fare rules. British Airways became the first airline in the UK to enable passengers departing from Heathrow to print their own boarding pass online for flights from Heathrow Terminal 1 to Aberdeen, Edinburgh, Manchester, Glasgow and Newcastle. Passengers travelling from Manchester will be offered the facility on both domestic and international routes. A new bilateral agreement between the UK and Indian governments has increased the number of frequencies between the UK and India from 19 to 40 per week. Demand exceeds supply for the new frequencies, so there was a scarce capacity hearing at the Civil Aviation Authority at which British Airways, Virgin Atlantic and Bmi presented why they should be awarded the additional frequencies. British Airways was given seven new services; four extra to Chennai and a new three-times-a-week service to Bangalore, all starting next summer. The airline said it was disappointed that it had not be awarded more flights to India and it will now study the decision in more detail. The Civil Aviation Authority (CAA) announced a consultation for NATS' (National Air Traffic Services) charges for the five year period starting in 2006. The final decision about NATS' charges will be made in the latter half of 2005. ends December 3, 2004 120/KG/04 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of November Financial year to date April through to November BRITISH AIRWAYS Change Change SCHEDULED SERVICES 2004 2003 (%) 2004 2003 (%) Passengers carried (000) UK/Europe 1747 1762 -0.8 16600 16691 -0.5 Americas 541 560 -3.4 4963 4849 +2.3 Asia Pacific 140 138 +1.3 1111 947 +17.4 Africa and Middle East 257 229 +11.9 2008 1798 +11.7 Total 2685 2689 -0.2 24681 24285 +1.6 Revenue passenger km (m) UK/Europe 1496 1466 +2.0 14919 14364 +3.9 Americas 3620 3731 -3.0 33183 32400 +2.4 Asia Pacific 1428 1443 -1.1 11420 10064 +13.5 Africa and Middle East 1767 1585 +11.5 13398 12076 +10.9 Total 8311 8226 +1.0 72919 68905 +5.8 Available seat km (m) UK/Europe 2472 2409 +2.6 21030 20540 +2.4 Americas 4960 5020 -1.2 41975 42216 -0.6 Asia Pacific 1912 1822 +4.9 15538 13996 +11.0 Africa and Middle East 2304 2202 +4.7 17727 16503 +7.4 Total 11648 11453 +1.7 96270 93255 +3.2 Passenger load factor (%) UK/Europe 60.5 60.9 -0.4 pts 70.9 69.9 +1.0 pts Americas 73.0 74.3 -1.3 pts 79.1 76.7 +2.4 pts Asia Pacific 74.7 79.2 -4.5 pts 73.5 71.9 +1.6 pts Africa and Middle East 76.7 72.0 +4.7 pts 75.6 73.2 +2.4 pts Total 71.3 71.8 -0.5 pts 75.7 73.9 +1.8 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 453 429 +5.6 3316 2923 +13.4 Total RTK 1281 1249 +2.6 10587 9811 +7.9 Available tonne km (m) 1814 1791 +1.3 15068 14415 +4.5 Overall load factor (%) 70.6 69.7 +0.9 pts 70.3 68.1 +2.2 pts Certain statements included in this statement may be forward-looking and may involve 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 business and financing plans, expected future revenues and 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. 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

Companies

Bay Capital (BAY)
UK 100

Latest directors dealings