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 6 May 2004
BRITISH AIRWAYS Plc
Waterside HBA3, PO Box 365, Harmondsworth UB7 0GB
CONTENTS
April Traffic and Capacity Statistics |
6 may 2004 |
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: |
6 May 2004 |
||
Sarah Billington Manager Shareholder Services |
TRAFFIC AND CAPACITY STATISTICS - April 2004
Summary of the headline figures
Comparisons of April 2004 traffic and capacity statistics with April 2003 must take into account the weak base due to the impact of the war with Iraq and SARS.
In April 2004, passenger capacity, measured in Available Seat Kilometres, was 6.7 per cent above April 2003 and traffic, measured in Revenue Passenger Kilometres, was higher by 16.1 per cent. This resulted in a passenger load factor up 6.2 points versus last year, to 75.5 per cent. The increase in traffic comprised a 28.1 per cent increase in premium traffic and a 14.5 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 29.5 per cent. Overall load factor rose 4.4 points to 69.4 per cent.
Market conditions
Market conditions are unchanged. Longhaul premium volumes continue above last year's levels, and shorthaul premium remains weak. Non-premium traffic volumes remain very sensitive to yield.
In 2003, March and April were the months worst affected by the war in Iraq and SARS. Premium traffic was down about 25% in both months. The major effect of war and SARS did not continue beyond the summer.
Strategic Developments
BA launched its first new masterbrand TV commercial for four years which showcases the airline's innovative products and its commitment to customer service.
A new sleeper service to give customers an even better and longer night's sleep was launched for British Airways' Club World customers on a range of overnight flights from North America and the Middle East to London Heathrow. A new champagne bar for passengers was opened in the First lounge at London Heathrow's Terminal One for BA's First Class passengers and Gold Executive Club members
Customers flying to Australia with British Airways and Qantas were able to use e-tickets for the first time. BA aims to achieve 100 per cent e-ticket by December 2004.
British Airways is adding 257,000 seats during the summer months with more flights to popular holiday destinations such as Los Angeles, Hong Kong, Cape Town, Mexico City, Buenos Aires and Dubai. The airline is also providing 14,000 extra seats on flights between London and Portugal to ensure as many football fans as possible can get to Euro 2004.
May 6, 2004
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS |
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Month of April |
|||||||||||||||||||||||
BRITISH AIRWAYS GROUP |
Change |
||||||||||||||||||||||
SCHEDULED SERVICES |
2004 |
2003 |
(%) |
|
|||||||||||||||||||
Passengers carried (000) |
|||||||||||||||||||||||
UK/Europe |
2025 |
1985 |
+2.0 |
||||||||||||||||||||
Americas |
628 |
556 |
+12.9 |
||||||||||||||||||||
Asia Pacific |
130 |
90 |
+44.3 |
||||||||||||||||||||
Africa and Middle East |
244 |
185 |
+32.2 |
||||||||||||||||||||
Total |
3028 |
2817 |
+7.5 |
||||||||||||||||||||
Revenue passenger km (m) |
|||||||||||||||||||||||
UK/Europe |
1788 |
1654 |
+8.1 |
||||||||||||||||||||
Americas |
4190 |
3760 |
+11.5 |
||||||||||||||||||||
Asia Pacific |
1351 |
987 |
+37.0 |
||||||||||||||||||||
Africa and Middle East |
1617 |
1303 |
+24.1 |
||||||||||||||||||||
Total |
8946 |
7704 |
+16.1 |
||||||||||||||||||||
Available seat km (m) |
|||||||||||||||||||||||
UK/Europe |
2568 |
2485 |
+3.4 |
||||||||||||||||||||
Americas |
5222 |
5048 |
+3.5 |
||||||||||||||||||||
Asia Pacific |
1842 |
1636 |
+12.6 |
||||||||||||||||||||
Africa and Middle East |
2221 |
1942 |
+14.4 |
||||||||||||||||||||
Total |
11855 |
11110 |
+6.7 |
||||||||||||||||||||
Passenger load factor (%) |
|||||||||||||||||||||||
UK/Europe |
69.6 |
66.6 |
+3.0 |
pts |
|||||||||||||||||||
Americas |
80.2 |
74.5 |
+5.7 |
pts |
|||||||||||||||||||
Asia Pacific |
73.3 |
60.3 |
+13.0 |
pts |
|||||||||||||||||||
Africa and Middle East |
72.8 |
67.1 |
+5.7 |
pts |
|||||||||||||||||||
Total |
75.5 |
69.3 |
+6.2 |
pts |
|||||||||||||||||||
Revenue tonne km (RTK) (m) |
|||||||||||||||||||||||
Cargo tonne km (CTK) |
399 |
308 |
+29.5 |
||||||||||||||||||||
Total RTK |
1286 |
1076 |
+19.5 |
||||||||||||||||||||
Available tonne km (m) |
1853 |
1656 |
+11.9 |
||||||||||||||||||||
Overall load factor (%) |
69.4 |
65.0 |
+4.4 |
pts |
* Comparative numbers from 1 July 2002 have been adjusted to remove the impact of dba following its disposal on 30 June 2003
Certain information included in this statement is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward looking statements.
Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and the Company's plans and objectives for future operations, including, without limitation, discussions of the Company's 'Future Size and Shape' programme, expected future revenues, financing plans and expected expenditures and divestments. All forward-looking statements in this report are based upon information known to the Company on the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
It is not reasonably possible to itemise all of the many factors and specific events that could cause the Company's forward looking statements to be incorrect or that could otherwise have a material adverse effect on the future operations or results of an airline operating in the global economy. Information on some factors which could result in material difference to the results is available in the Company's SEC filings, including, without limitation the Company's Report on Form 20-F for the year ended March 2003.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602