5th Jul 2005 14:15
British Airways PLC05 July 2005 TRAFFIC AND CAPACITY STATISTICS - June 2005 Summary of the headline figures In June 2005, passenger capacity, measured in Available Seat Kilometres, was 3.0per cent above June 2004. Traffic, measured in Revenue Passenger Kilometres,was higher by 4.7 per cent. This resulted in a passenger load factor up 1.2points versus last year, to 78.9 per cent. The increase in traffic comprised an8.6 per cent increase in premium traffic and a 4.1 per cent increase innon-premium traffic. Cargo, measured in Cargo Tonne Kilometres, fell by 1.6 percent. Overall load factor was flat at 71.2 per cent. For the April to June quarter, ASKs rose by 1.7 per cent, with RPKs rising by2.7 per cent. This resulted in an increase in passenger load factor of 0.7points, to 75.6 per cent. This comprised a 8.6 per cent increase in premiumtraffic and a 1.7 per cent increase in non-premium traffic. CTKs fell by 2.3per cent. Market conditions Market conditions remain broadly unchanged. Costs As reported on June 24, 2005 total fuel costs for the year to March 2006 areestimated to be £450 million higher than last year. The company now has 70%hedging cover in place at an average cost of $42 for the remainder of thefinancial year and 30% cover for calendar 2006 at an average cost of $46. Strategic Developments British Airways increased its fuel surcharge in the UK on June 24 from £16 to£24 per sector (£48 return trip) on longhaul and from £6 to £8 (£16 a returntrip) on shorthaul as a result of further rises in the price of oil. Totalrevenue for the year to March 2006 is expected to improve by 4.5-5.5 per cent,up from the 4-5 per cent figure issued at the full year results on May 13, 2005,due to the impact of these latest fuel surcharges. The airline launched a five times a week service between London Heathrow andShanghai's Pudong airport operated by Boeing 777 aircraft. The company launched a new television commercial promoting its softest evermulti-award winning flat bed in Club World. The 'manage my booking' feature on ba.com was revamped to offer customisedtravel advice to passengers with a handy point-by-point list of tasks to helpensure their trip goes without a hitch. British Airways announced its support for the 'Sustainable Aviation' initiative,a comprehensive programme to address aviation's impact on the environment. British Airways announced it will launch a new winter service to Grenoble inDecember this year. The new service will operate five times a week from Gatwick,with prices from £79 return. ends July 5, 2005 066/KG/05 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of June Financial year April through to JuneBRITISH AIRWAYS Change ChangeSCHEDULED SERVICES 2005 2004 (%) 2005 2004 (%)Passengers carried (000)UK/Europe 2133 2157 -1.1 6087 6230 -2.3Americas 678 665 +2.0 1937 1918 +1.0Asia Pacific 158 134 +17.7 430 385 +11.8Africa and Middle East 236 235 +0.5 700 707 -1.1Total 3205 3190 +0.5 9154 9241 -0.9 Revenue passenger km (m)UK/Europe 2003 1937 +3.4 5659 5549 +2.0Americas 4552 4436 +2.6 12962 12799 +1.3Asia Pacific 1609 1369 +17.5 4427 3967 +11.6Africa and Middle East 1580 1564 +1.1 4692 4700 -0.2Total 9743 9305 +4.7 27740 27015 +2.7 Available seat km (m)UK/Europe 2726 2618 +4.1 8207 7842 +4.7Americas 5368 5284 +1.6 16016 15913 +0.6Asia Pacific 2160 1938 +11.5 6084 5687 +7.0Africa and Middle East 2092 2142 -2.3 6365 6624 -3.9Total 12346 11982 +3.0 36672 36065 +1.7 Passenger load factor (%)UK/Europe 73.5 74.0 -0.5 pts 69.0 70.8 -1.8 ptsAmericas 84.8 83.9 +0.9 pts 80.9 80.4 +0.5 ptsAsia Pacific 74.5 70.6 +3.9 pts 72.8 69.8 +3.0 ptsAfrica and Middle East 75.5 73.0 +2.5 pts 73.7 71.0 +2.7 ptsTotal 78.9 77.7 +1.2 pts 75.6 74.9 +0.7 pts Revenue tonne km (RTK) (m)Cargo tonne km (CTK) 396 402 -1.6 1184 1212 -2.3Total RTK 1367 1330 +2.8 3946 3898 +1.2Available tonne km (m) 1919 1867 +2.8 5717 5638 +1.4 Overall load factor (%) 71.2 71.2 +0.0 pts 69.0 69.1 -0.1 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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