TRAFFIC AND CAPACITY STATISTICS - August 2009
Summary of the headline figures
In August 2009, passenger capacity, measured in Available Seat Kilometres, was 2.4 per cent below August 2008. Traffic, measured in Revenue Passenger Kilometres, fell by 0.7 per cent. This resulted in a passenger load factor increase of 1.5 points versus last year, to 84.7 per cent. Traffic comprised an 11.9 per cent decrease in premium traffic and a 1.3 per cent increase in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, fell by 5.4 per cent.
Market conditions
Market conditions remain unchanged with yields under pressure from the year on year impact of lower fuel surcharges, exchange movements and mix.
Strategic Developments
British Airways received overwhelming approval from its shareholders to raise £350 million through the issue of convertible bonds, with the issue closing successfully on August. 13, 2009.
The airline recorded its best on time punctuality performance for August since privatisation and the best August punctuality, as measured to the industry standard of departing within 15 minutes, since summer 2000.
The airline announced that, for the first time, it has invited other brands to buy advertising space on its website www.ba.com and boarding passes. The ability to advertise on boarding passes will be available from October 1, 2009.
The airline launched a 'low fare finder' on ba.com. It was designed in response to customer research to provide an easy way of finding the airline's lowest prices, by region or cabin, across a rolling 12-month period.
British Airways is increasing its presence in the Caribbean by adding extra frequencies from Gatwick to St Kitts, Grenada and Barbados for summer 2010. St Kitts and Grenada will both increase from one flight a week to two, and Barbados will move from seven to ten flights a week.
September 3, 2009
BRITISH AIRWAYS SCHEDULED SERVICES |
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Financial year to date |
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Month of August |
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April to August |
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Change |
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Change |
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2009 |
2008 |
(%) |
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2009 |
2008 |
(%) |
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Passengers carried (000) |
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UK/Europe |
1,929 |
1,974 |
-2.3 |
|
9,162 |
9,505 |
-3.6 |
|
Americas |
757 |
752 |
+0.6 |
|
3,484 |
3,481 |
+0.1 |
|
Asia Pacific |
147 |
169 |
-13.1 |
|
697 |
810 |
-13.9 |
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Africa and Middle East |
324 |
316 |
+2.5 |
|
1,471 |
1,445 |
+1.8 |
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Total |
3,157 |
3,211 |
-1.7 |
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14,814 |
15,240 |
-2.8 |
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Revenue passenger km (m) |
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UK/Europe |
2,105 |
2,125 |
-0.9 |
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9,751 |
9,942 |
-1.9 |
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Americas |
5,141 |
5,049 |
+1.8 |
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23,618 |
23,440 |
+0.8 |
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Asia Pacific |
1,522 |
1,725 |
-11.8 |
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7,246 |
8,255 |
-12.2 |
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Africa and Middle East |
2,101 |
2,050 |
+2.5 |
|
9,545 |
9,427 |
+1.3 |
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Total |
10,870 |
10,949 |
-0.7 |
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50,159 |
51,064 |
-1.8 |
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Available seat km (m) |
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UK/Europe |
2,617 |
2,712 |
-3.5 |
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12,784 |
13,293 |
-3.8 |
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Americas |
5,843 |
5,966 |
-2.1 |
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28,207 |
28,812 |
-2.1 |
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Asia Pacific |
1,764 |
1,987 |
-11.3 |
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8,639 |
9,895 |
-12.7 |
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Africa and Middle East |
2,616 |
2,490 |
+5.0 |
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12,670 |
12,160 |
+4.2 |
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Total |
12,840 |
13,155 |
-2.4 |
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62,301 |
64,160 |
-2.9 |
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Passenger load factor (%) |
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UK/Europe |
80.5 |
78.4 |
+2.1 |
pts |
76.3 |
74.8 |
+1.5 |
pts |
Americas |
88.0 |
84.6 |
+3.4 |
pts |
83.7 |
81.4 |
+2.3 |
pts |
Asia Pacific |
86.3 |
86.8 |
-0.5 |
pts |
83.9 |
83.4 |
+0.5 |
pts |
Africa and Middle East |
80.3 |
82.3 |
-2.0 |
pts |
75.3 |
77.5 |
-2.2 |
pts |
Total |
84.7 |
83.2 |
+1.5 |
pts |
80.5 |
79.6 |
+0.9 |
pts |
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Revenue tonne km (RTK) (m) |
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Cargo tonne km (CTK) |
381 |
403 |
-5.4 |
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1,858 |
2,046 |
-9.2 |
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Total RTK |
1,473 |
1,500 |
-1.8 |
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6,869 |
7,132 |
-3.7 |
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Available tonne km (m) |
1,904 |
1,976 |
-3.6 |
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9,284 |
9,637 |
-3.7 |
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Overall load factor (%) |
77.4 |
75.9 |
+1.5 |
pts |
74.0 |
74.0 |
+0.0 |
pts |
Certain information included in these statements 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 Business Plan programs, 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 itemize 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. Fuller information on some factors which could result in material difference to the results is available in the Company's Annual Report for the year ended March 31, 2009, which is available on www.bashareholders.com.
Investor Relations, Waterside (HAA3), PO Box 365, Harmondsworth, UB7 OGB: Tel: +44 (0) 20 8738 6947