FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Report of Foreign Issuer
Furnished Pursuant to Rule 13a - 16 or 15d - 16 of the
Securities Exchange Act of 1934
For the period ending 11 April 2003
BRITISH AIRWAYS Plc
Waterside HBA3, PO Box 365, Harmondsworth UB7 0GB
CONTENTS
1. S198 Notification by Wellington Management
Company LLP 8 April 2003
2. Concorde Announcement 10
April
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has
duly caused this report to be signed on its behalf by the undersigned, thereunto duly
authorised.
BRITISH AIRWAYS Plc
Date: 11 April 2003
Sarah Billington Manager Shareholder Services
SCHEDULE 10
NOTIFICATION OF MAJOR INTERESTS IN SHARES
1. Name of company
British Airways Plc
2. Name of shareholder having a major interest
Wellington Management Company LLP
3. Please state whether notification indicates that it is in respect of holding of the
shareholder named in 2 above or in respect of a non-beneficial interest or in the case of
an individual holder if it is a holding of that person's spouse or children under the age
of 18
As above
4. Name of the registered holder(s) and, if more than one holder, the number of shares
held by each of them
Wellington Management Company LLP
5. Number of shares / amount of stock acquired
12,706,388
6. Percentage of issued class
1.17%
7. Number of shares / amount of stock disposed
N/A
8. Percentage of issued class
N/A
9. Class of security
ordinary shares of 25p
10. Date of transaction
Not known
11. Date company informed
8 April 2003
12. Total holding following this notification
118,831,978
13. Total percentage holding of issued class following this notification
10.98%
14. Any additional information
15. Name of contact and telephone number for queries
Alan Buchanan, 020 8738 5119
16. Name and signature of authorised company official responsible for making this
notification
Alan Buchanan, Company Secretary
Date of notification
8 April 2003
The FSA does not give any express or implied warranty as to the accuracy of this document
or material and does not accept any liability for error or omission. The FSA is not liable
for any damages (including, without limitation, damages for loss of business or loss of
profits) arising in contract, tort or otherwise from the use of or inability to use this
document, or any material contained in it, or from any action or decision taken as a
result of using this document or any such material.
CONCORDE ANNOUCEMENT
END OF AN ERA
London April 10, 2003: British Airways announced today the retirement of its Concorde
fleet of seven aircraft with effect from the end of October 2003.
The airline said that its decision had been made for commercial reasons with passenger
revenue falling steadily against a backdrop of rising maintenance costs for the aircraft.
Detailed discussions over an extended period with Airbus, the aircrafts manufacturer,
confirmed the need for an enhanced maintenance programme in the coming years, the carrier
added.
British Airways has decided that such an investment cannot be justified in the face of
falling revenue caused by a global downturn in demand for all forms of premium travel in
the airline industry.
The downturn has had a negative impact on Concorde bookings and is set to continue for the
foreseeable future, according to the airline.
Rod Eddington, British Airways chief executive, said: "Concorde has served us well
and we are extremely proud to have flown this marvellous and unique aircraft for the past
27 years.
"This is the end of a fantastic era in world aviation but bringing forward Concordes
retirement is a prudent business decision at a time when we are having to make difficult
decisions right across the airline."
Noel Forgeard, president and chief executive officer of Airbus, said: "Airbus
predecessors Aerospatiale and British Aircraft Corporation created Concorde some 40 years
ago and we are proud of this remarkable achievement.
"But its maintenance regime is increasing fast with age. Thus, as an aircraft
manufacturer, we understand completely and respect the decision of British Airways,
especially in the present economic climate.
"It goes without saying that until the completion of the very last flight, we will
continue to support the airline so that the highest standards of maintenance and safety
are entirely fulfilled."
Mr Eddington added that todays announcement is not a direct result of war in Iraq.
He said: "While the threat of war and resulting military conflict have had a further
impact on premium travel demand, the decision to retire Concorde has been based on a
long-term revenue and cost trend rather than recent events.
"I would like to place publicly on record my sincere thanks and appreciation to all
our staff, past and present, who have made the Concorde story one of the most compelling
in the history of commercial flight.
"Our pride in the aircraft will never wane and I am determined that we make its final
six months in the sky a time for celebration."
Retiring Concorde will result in £84m write-off costs for the year ended March
2003.
The airline is already planning to make its Concordes available for the public to view in
museums.
To honour the past 30 years of supersonic travel, British Airways will announce shortly a
programme of special events and promotions for air travellers.
For the next few months, British Airways will continue to operate its Concorde services
between London Heathrow and New York JFK and seasonal services to Barbados.
Ends