4th Jan 2008 14:15
British Airways PLC04 January 2008 TRAFFIC AND CAPACITY STATISTICS - December 2007 Summary of the headline figures In December 2007, passenger capacity, measured in Available Seat Kilometres, was2.0 per cent above December 2006. Traffic, measured in Revenue PassengerKilometres, rose 1.0 per cent. This resulted in a passenger load factor down0.7 points versus last year, to 73.5 per cent. The increase in trafficcomprised a 6.5 per cent increase in premium traffic and a 0.1 per cent rise innon-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 9.1 per cent. For the first nine months of the financial year, ASKs rose 0.9 per cent, withRPKs rising by 0.1 per cent. This resulted in a passenger load factor down 0.6points to 77.0 per cent. The change in RPKs comprised a 4.2 per cent rise inpremium traffic and 0.6 per cent fall in non-premium traffic. CTKs for theperiod were rose 1.3 per cent Market conditions Longhaul premium markets remain strong, while shorthaul premium traffic is weak.Our guidance on revenue of a 3-3.5 per cent increase for the year remainsunchanged. Strategic Developments The Department for Transport announced the lifting of the one bag restriction onhand baggage for passengers flying in and out of the UK from January 7, subjectto airports meeting security criteria. British Airways was awarded 'World's Leading Airline, 2007' at the WorldTraveller Awards which recognise outstanding achievement within the globaltravel industry. The airline announced a New Year sale with up to 25 per cent off flights,accommodation and car hire. There are 64 routes on offer including Australia,Bermuda, the Caribbean, Far East, Mauritius, Middle East, North and SouthAfrica, North America and South America and selected European destinations. Thesale runs from 27 December 2007 until midnight on 22 January 2008 for selectedtravel dates during 2008. A £5 million new extension to British Airways' interiors plant in South Waleswas formally opened by Welsh First Minister Rhodri Morgan. British Airways featured Terminal 5 for the first time in the airline'sChristmas advertising in outdoor, press and online sites with the tagline 'Cometogether this Christmas'. The terminal opens in 82 days' time. January 4, 2008 BRITISH AIRWAYS SCHEDULED SERVICES Financial year Month of December April to December 2007 2006 Change (%) 2007 2006/7 Change (%) Passengers carried (000) UK/Europe 1456 1446 +0.7 15895 15926 -0.2Americas 611 575 +6.2 5821 5759 +1.1Asia Pacific 144 137 +5.0 1386 1411 -1.8Africa and Middle East 309 335 -7.9 2650 2646 +0.2 Total 2520 2493 +1.1 25752 25741 +0.0 Revenue passenger km (m) UK/Europe 1409 1414 -0.4 15758 15819 -0.4Americas 4095 3867 +5.9 39155 38794 +0.9Asia Pacific 1505 1431 +5.2 14234 14387 -1.1Africa and Middle East 2073 2280 -9.1 17734 17768 -0.2 Total 9082 8992 +1.0 86881 86767 +0.1 Available seat km (m) UK/Europe 2247 2126 +5.7 22197 21270 +4.4Americas 5397 5222 +3.3 50006 49418 +1.2Asia Pacific 1920 1811 +6.1 17608 18173 -3.1Africa and Middle East 2790 2958 -5.7 22993 22966 +0.1 Total 12354 12117 +2.0 112804 111826 +0.9 Passenger load factor (%) UK/Europe 62.7 66.5 -3.8 pts 71.0 74.4 -3.4 ptsAmericas 75.9 74.0 +1.9 pts 78.3 78.5 -0.2 ptsAsia Pacific 78.4 79.0 -0.6 pts 80.8 79.2 +1.6 ptsAfrica and Middle East 74.3 77.1 -2.8 pts 77.1 77.4 -0.3 pts Total 73.5 74.2 -0.7 pts 77.0 77.6 -0.6 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 422 385 +9.1 3667 3619 +1.3Total RTK 1343 1308 +2.7 12414 1239 +0.2Available tonne km (m) 1884 1852 +1.7 17293 1735 -0.3 Overall load factor (%) 71.3 70.6 +0.7 pts 71.8 71.4 +0.4 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 (HAA3), PO Box 365, Harmondsworth, UB7 OGB: Tel: +44 (0) 20 8738 6947 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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