6th Jan 2005 14:15
British Airways PLC06 January 2005 TRAFFIC AND CAPACITY STATISTICS - December 2004 Summary of the headline figures In December 2004, passenger capacity, measured in Available Seat Kilometres, was3.9 per cent above December 2003. Traffic, measured in Revenue PassengerKilometres, was higher by 3.2 per cent. This resulted in a passenger loadfactor down 0.6 points versus last year, to 72.7 per cent. The increase intraffic comprised a 6.8 per cent increase in premium traffic and a 2.7 per centincrease in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres,rose by 9.7 per cent. Overall load factor rose by 0.3 points to 70.3 per cent. For the October to December quarter, ASKs rose by 1.9 per cent, with RPKs risingby 2.0 per cent. This resulted in an increase in passenger load factor of 0.1points, to 72.8 per cent. This comprised a 3.5 per cent increase in premiumtraffic and a 1.8 per cent increase in non-premium traffic. CTKs rose by 9.7per cent. Market conditions Market conditions are broadly unchanged. Costs As a result of yen appreciation against sterling, there will be a non-cashaccounting loss of £6 million in the third quarter financial results. Strategic Developments British Airways and Iberia signed an agreement to develop a joint business onkey routes between London and Spain that includes revenue and cost sharing onflights between London Heathrow and Madrid and Barcelona. The deal means thetwo carriers will now offer a better spread and choice of flight timings onthese routes and better connections and shorter journey times for customerstravelling to destinations around the world from London Heathrow and Madrid. A new feature on ba.com means British Airways' customers can now change theirflight bookings from their own computer, upgrade class of travel and cancel andarrange a refund of their tickets. Any costs for changes are calculatedinstantly and are completely transparent. British Airways opened its first drive-through check-in for Club Worldpassengers and a new exclusive check-in and lounge for First passengers inBarbados. British Airways' New Year sale featured up to three quarters of a milliondiscounted tickets to more than 65 worldwide destinations with savings of up to£331. Bargains include Venice for £65 return, New York for £199 return andHong Kong for £399 return. Alan Burnett was appointed as head of British Airways' UK and Ireland sales andmarketing. He replaces David Noyes, who took up the position of directorHeathrow. ends January 6, 2005 001/KG/05 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of December Financial year to date April through to DecemberBRITISH AIRWAYS Change ChangeSCHEDULED SERVICES 2004 2003 (%) 2004 2003 (%) Passengers carried (000) UK/Europe 1734 1701 +1.9 18334 18392 -0.3Americas 580 590 -1.7 5543 5442 +1.9Asia Pacific 141 135 +5.0 1252 1081 +15.8Africa and Middle East 278 260 +7.1 2286 2058 +11.1 Total 2734 2686 +1.8 27416 26974 +1.6 Revenue passenger km (m) UK/Europe 1533 1420 +8.0 16452 15785 +4.2Americas 3876 3920 -1.1 37059 36333 +2.0Asia Pacific 1459 1405 +3.9 12879 11469 +12.3Africa and Middle East 1879 1734 +8.4 15281 13812 +10.6 Total 8747 8478 +3.2 81671 77399 +5.5 Available seat km (m) UK/Europe 2459 2320 +6.0 23489 22860 +2.8Americas 5154 5075 +1.6 47130 47299 -0.4Asia Pacific 1964 1858 +5.7 17502 15854 +10.4Africa and Middle East 2449 2319 +5.6 20180 18822 +7.2 Total 12026 11572 +3.9 108301 104835 +3.3 Passenger load factor (%) UK/Europe 62.4 61.2 +1.2 pts 70.0 69.1 +0.9 ptsAmericas 75.2 77.2 -2.0 pts 78.6 76.8 +1.8 ptsAsia Pacific 74.3 75.6 -1.3 pts 73.6 72.3 +1.3 ptsAfrica and Middle East 76.7 74.8 +1.9 pts 75.7 73.4 +2.3 pts Total 72.7 73.3 -0.6 pts 75.4 73.8 +1.6 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 435 396 +9.7 3738 3310 +12.9Total RTK 1318 1252 +5.3 11892 11056 +7.6Available tonne km (m) 1875 1790 +4.7 16943 16218 +4.5 Overall load factor (%) 70.3 70.0 +0.3 pts 70.2 68.2 +2.0 pts Certain statements included in this statement may be forward-looking and mayinvolve risks and uncertainties that could cause actual results to differmaterially from 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 and financing plans, expected future revenues andexpenditures and divestments. All forward-looking statements in this report arebased upon information known to the company on the date of this report. Thecompany 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 itemise 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. 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 ExchangeRelated Shares:
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