5th Sep 2007 14:15
British Airways PLC05 September 2007 TRAFFIC AND CAPACITY STATISTICS - August 2007 Summary of the headline figures In August 2007, passenger capacity, measured in Available Seat Kilometres, was2.8 per cent above August 2006. Traffic, measured in Revenue PassengerKilometres, was higher by 5.3 per cent. This resulted in a passenger loadfactor up 1.8 points versus last year, to 80.0 per cent. The increase intraffic comprised a 13.6 per cent increase in premium traffic and a 4.1 per centincrease in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 3.9 per cent. As expected, August traffic was up significantly on last year reflecting theweak base that was caused by 1,280 cancellations in the week of August 10-17(largely in shorthaul) and new security requirements, in particular restrictionsfor hand baggage, that largely continue. Premium traffic was particularlyaffected due to the greater flexibility of these tickets. Market conditions Market conditions are broadly unchanged. Point to point premium travel continuesstrong and is offsetting weak transfer demand as these passengers continue toavoid Heathrow. Strategic Developments British Airways welcomed the Competition Commission's update on the BAA airportsmarket study and reiterated that competition between airports will improvecustomer service levels and lead to more investment in new infrastructure. The airline agreed to pay fines of £121.5 million to the UK Office of FairTrading (OFT) and $300 million (£145 million) to the US Department of Justice(DoJ) for infringements of anti-competitive laws relating to the company'slonghaul passenger and cargo business. The sum is consistent with the guidanceand provision of £350 million BA made in its 2006/7 accounts. British Airways and Elemis, the British spa and skincare brand, announced a newfive-year deal to manage the airline's five airport lounge spas and the newflagship lounge at Terminal 5, due to open in March 2008. BA is offering savings of up to 50 per cent on nearly 100 destinations worldwidein its autumn sale. Promotional fares include: Johannesburg from £469 (saving upto £273), New York from £239 (saving up to £194) and Los Angeles from £299(saving up to £100). Flights booked on some destinations from the US can stillbenefit from a one-way upgrade to World Traveller Plus from only £99. There was no disruption to our services as a result of the Camp for ClimateAction protests around Heathrow airport. ends September 5, 2007 091/TC/07 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of Aug Financial year April through to AugBRITISH AIRWAYS Change ChangeSCHEDULED SERVICES 2007 2006 (%) 2007 2006 (%)Passengers carried (000)UK/Europe 1919 1793 +7.0 9276 9238 +0.4Americas 693 646 +7.3 3361 3429 -2.0Asia Pacific 162 164 -0.9 773 799 -3.3Africa and Middle East 314 294 +6.7 1460 1419 +2.9Total 3088 2896 +6.6 14870 14885 -0.1 Revenue passenger km (m)UK/Europe 1961 1853 +5.8 9277 9237 +0.4Americas 4654 4357 +6.8 22650 23102 -2.0Asia Pacific 1661 1668 -0.4 7904 8116 -2.6Africa and Middle East 2058 1938 +6.2 9700 9420 +3.0Total 10333 9816 +5.3 49531 49876 -0.7 Available seat km (m)UK/Europe 2608 2373 +9.9 12590 12075 +4.3Americas 5798 5629 +3.0 28179 28225 -0.2Asia Pacific 1989 2095 -5.1 9906 10315 -4.0Africa and Middle East 2515 2457 +2.4 12519 12239 +2.3Total 12910 12553 +2.8 63193 62854 +0.5 Passenger load factor (%)UK/Europe 75.2 78.1 -2.9 pts 73.7 76.5 -2.8 ptsAmericas 80.3 77.4 +2.9 pts 80.4 81.8 -1.4 ptsAsia Pacific 83.5 79.6 +3.9 pts 79.8 78.7 +1.1 ptsAfrica and Middle East 81.8 78.9 +2.9 pts 77.5 77.0 +0.5 ptsTotal 80.0 78.2 +1.8 pts 78.4 79.4 -1.0 pts Revenue tonne km (RTK) (m)Cargo tonne km (CTK) 393 378 +3.9 1972 2012 -2.0Total RTK 1435 1389 +3.3 6961 7021 -0.9Available tonne km (m) 1968 1931 +1.9 9666 9773 -1.1 Overall load factor (%) 72.9 71.9 +1.0 pts 72.0 71.8 +0.2 pts Certain information included in these statements is forward-looking and involvesrisks and uncertainties that could cause actual results to differ materiallyfrom those expressed or implied by the forward looking statements. Forward-looking statements include, without limitation, projections relating toresults of operations and financial conditions and the Company's plans andobjectives for future operations, including, without limitation, discussions ofthe Company's Business Plan programs, expected future revenues, financing plansand expected expenditures and divestments. All forward-looking statements inthis report are based upon information known to the Company on the date of thisreport. The Company undertakes no obligation to publicly update or revise anyforward-looking statement, whether as a result of new information, future eventsor otherwise. It is not reasonably possible to itemize all of the many factors and specificevents that could cause the Company's forward looking statements to be incorrector that could otherwise have a material adverse effect on the future operationsor results of an airline operating in the global economy. Fuller information onsome factors which could result in material difference to the results isavailable in the company's Annual Report for the year ended 31 March 2007, whichis available on www.bashareholders.com. Investor Relations Waterside (HCB3) PO Box 365 Harmondsworth UB7 OGB Tel: +44 (0) 20 8738 694 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
International Airlines