In February 2010 traffic, measured in Revenue Passenger Kilometres, rose by 1.1 per cent on February 2009. Passenger capacity, measured in Available Seat Kilometres, was down 1.9 per cent. This resulted in a passenger load factor increase of 2.2 points versus last year, to 74.2 per cent. Traffic comprised a 5.0 per cent increase in premium traffic and a 0.3 per cent increase in non-premium traffic. Last year's February traffic data was affected by significant weather disruption in the first week of the month.
Cargo, measured in Cargo Tonne Kilometres, rose by 9.2 per cent.
Trading conditions are unchanged from the position set down in the Interim Management Statement of February 5, 2010.
British Airways received tentative approval from the US Department of Transportation (DOT) for antitrust immunity which would enable it to establish a transatlantic joint business with American Airlines and Iberia. The DOT's order is a key step in the process towards allowing oneworld alliance members to cooperate more effectively in competing with the Star and SkyTeam alliances, both of which already have transatlantic antitrust immunity. Discussions with the European Union about seeking approval for the transatlantic joint business continue.
The High Court ruled that in the case of Unite vs British Airways the modest changes made to onboard crew cabin numbers on flights from Heathrow were reasonable, did not breach crew contracts and can remain in place. Talks between both parties continue under the auspices of the TUC.
British Airways launched its new First cabin on February 10, on a Boeing 777 aircraft from Heathrow to Chicago. The airline has invested £100 million in its flagship brand drawing on its rich heritage to create an exclusive experience based on classic design and understated luxury.
India's leading domestic carrier Kingfisher Airlines is lining up to join oneworld, subject to Indian regulatory approval, after signing a memorandum of understanding as its first step towards full membership of the alliance.
BRITISH AIRWAYS SCHEDULED SERVICES |
||||||||
|
|
|
Financial year to date |
|
||||
|
Month of February |
|
April to February |
|
||||
|
|
|
Change |
|
|
|
Change |
|
|
2010 |
2009 |
(%) |
|
2010 |
2009 |
(%) |
|
Passengers carried (000) |
|
|
|
|
|
|
|
|
UK/Europe |
1,297 |
1,280 |
+1.3 |
|
17,869 |
18,543 |
-3.6 |
|
Americas |
493 |
478 |
+3.2 |
|
6,978 |
7,013 |
-0.5 |
|
Asia Pacific |
108 |
113 |
-4.2 |
|
1,425 |
1,662 |
-14.2 |
|
Africa and Middle East |
302 |
297 |
+1.7 |
|
3,315 |
3,270 |
+1.4 |
|
Total |
2,201 |
2,169 |
+1.5 |
|
29,587 |
30,488 |
-3.0 |
|
|
|
|
|
|
|
|
|
|
Revenue passenger km (m) |
|
|
|
|
|
|
|
|
UK/Europe |
1,257 |
1,262 |
-0.4 |
|
18,525 |
19,134 |
-3.2 |
|
Americas |
3,418 |
3,244 |
+5.4 |
|
47,580 |
47,332 |
+0.5 |
|
Asia Pacific |
1,115 |
1,183 |
-5.8 |
|
14,867 |
17,083 |
-13.0 |
|
Africa and Middle East |
2,004 |
2,019 |
-0.7 |
|
21,753 |
21,612 |
+0.7 |
|
Total |
7,794 |
7,708 |
+1.1 |
|
102,725 |
105,161 |
-2.3 |
|
|
|
|
|
|
|
|
|
|
Available seat km (m) |
|
|
|
|
|
|
|
|
UK/Europe |
1,974 |
2,102 |
-6.1 |
|
25,566 |
27,602 |
-7.4 |
|
Americas |
4,573 |
4,593 |
-0.4 |
|
58,149 |
59,831 |
-2.8 |
|
Asia Pacific |
1,332 |
1,513 |
-12.0 |
|
17,583 |
20,642 |
-14.8 |
|
Africa and Middle East |
2,627 |
2,505 |
+4.9 |
|
28,924 |
27,792 |
+4.1 |
|
Total |
10,506 |
10,713 |
-1.9 |
|
130,222 |
135,867 |
-4.2 |
|
|
|
|
|
|
|
|
|
|
Passenger load factor (%) |
|
|
|
|
|
|
|
|
UK/Europe |
63.7 |
60.1 |
+3.6 |
pts |
72.5 |
69.3 |
+3.2 |
pts |
Americas |
74.7 |
70.6 |
+4.1 |
pts |
81.8 |
79.1 |
+2.7 |
pts |
Asia Pacific |
83.7 |
78.2 |
+5.5 |
pts |
84.6 |
82.8 |
+1.8 |
pts |
Africa and Middle East |
76.3 |
80.6 |
-4.3 |
pts |
75.2 |
77.8 |
-2.6 |
pts |
Total |
74.2 |
72.0 |
+2.2 |
pts |
78.9 |
77.4 |
+1.5 |
pts |
|
|
|
|
|
|
|
|
|
Revenue tonne km (RTK) (m) |
|
|
|
|
|
|
|
|
Cargo tonne km (CTK) |
348 |
319 |
+9.2 |
|
4,114 |
4,247 |
-3.1 |
|
Total RTK |
1,121 |
1,091 |
+2.8 |
|
14,380 |
14,760 |
-2.6 |
|
Available tonne km (m) |
1,569 |
1,601 |
-2.0 |
|
19,509 |
20,379 |
-4.3 |
|
|
|
|
|
|
|
|
|
|
Overall load factor (%) |
71.5 |
68.1 |
+3.4 |
pts |
73.7 |
72.4 |
+1.3 |
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