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 4 August 2004
BRITISH AIRWAYS Plc
Waterside HBA3, PO Box 365, Harmondsworth UB7 0GB
CONTENTS
July Traffic and Capacity Statistics |
4 August 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: |
4 August 2004 |
||
Sarah Billington Manager Shareholder Services |
TRAFFIC AND CAPACITY STATISTICS - July 2004
Summary of the headline figures
In July 2004, passenger capacity, measured in Available Seat Kilometres, was 3.7 per cent above July 2003 and traffic, measured in Revenue Passenger Kilometres, was higher by 8.3 per cent. This resulted in a passenger load factor up 3.3 points versus last year, to 79.7 per cent. The increase in traffic comprised a 9.7 per cent increase in premium traffic and a 8.1 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 25.7 per cent. Overall load factor rose by 4.7 points to 72.6 per cent. The statistics are distorted by the unofficial strike action, which reduced both Available Seat Kilometres and Revenue Passenger Kilometres by some 2 percentage points in July 2003.
Market conditions
Market conditions remain unchanged. Longhaul premium volumes are recovering steadily, while shorthaul premium travel remains at lower levels. Non-premium volumes are very price-sensitive.
British Airways' annual Social and Environmental
report was published and showed that during the last five
years, the airline's aircraft noise levels had halved,
global carbon dioxide emissions were down by 15 per cent
and nitrogen dioxide emissions at Heathrow were down by 13
per cent. Fuel efficiency had improved by 25 per cent since
1990.
British Airways is the only airline participating in the
government's trial emissions trading scheme and has
reduced its domestic carbon dioxide emissions by 17 per
cent, compared to a1998-2000 baseline.
A record number of British Airways' customers last
month checked-in online - with more than 100,000 checking
in from the comfort of their own home. By visiting ba.com
customers can spend a couple of minutes checking in and
then use an interactive seat map of the aircraft to choose
their seats.
British Airways announced an Employee Reward Plan so that
all staff can benefit from the airline's future
success.
Notice of ballots for industrial action over pay have been received from the TGWU representing ground support services staff and from the TGWU and GMB covering administration and terminal staff. The company has offered a rise in pensionable pay over three years of some 8.5 per cent or some 10.5% increase in non-pensionable pay. Earlier today British Airways proposed to the unions that the issue be settled by formal binding arbitration.
August 4, 2004
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS |
|||||||||||||
Month of July |
Financial year to date |
||||||||||||
April through July |
|||||||||||||
BRITISH AIRWAYS GROUP |
Change |
Change |
|||||||||||
SCHEDULED SERVICES |
2004 |
2003 |
(%) |
|
2004 |
2003 |
(%) |
||||||
Passengers carried (000) |
|||||||||||||
UK/Europe |
2311 |
2258 |
+2.3 |
8541 |
8491 |
+0.6 |
|||||||
Americas |
683 |
651 |
+5.1 |
2603 |
2464 |
+5.6 |
|||||||
Asia Pacific |
148 |
127 |
+17.0 |
533 |
399 |
+33.5 |
|||||||
Africa and Middle East |
263 |
235 |
+12.1 |
971 |
842 |
+15.3 |
|||||||
Total |
3406 |
3270 |
+4.1 |
12648 |
12196 |
+3.7 |
|||||||
Revenue passenger km (m) |
|||||||||||||
UK/Europe |
2112 |
1972 |
+7.1 |
7661 |
7278 |
+5.3 |
|||||||
Americas |
4577 |
4338 |
+5.5 |
17384 |
16490 |
+5.4 |
|||||||
Asia Pacific |
1521 |
1345 |
+13.1 |
5489 |
4310 |
+27.3 |
|||||||
Africa and Middle East |
1742 |
1537 |
+13.3 |
6444 |
5662 |
+13.8 |
|||||||
Total |
9952 |
9191 |
+8.3 |
36978 |
33740 |
+9.6 |
|||||||
Available seat km (m) |
|||||||||||||
UK/Europe |
2757 |
2655 |
+3.8 |
10599 |
10314 |
+2.8 |
|||||||
Americas |
5471 |
5468 |
+0.1 |
21387 |
21051 |
+1.6 |
|||||||
Asia Pacific |
2004 |
1847 |
+8.5 |
7691 |
6693 |
+14.9 |
|||||||
Africa and Middle East |
2248 |
2067 |
+8.8 |
8872 |
7998 |
+10.9 |
|||||||
Total |
12481 |
12037 |
+3.7 |
48549 |
46056 |
+5.4 |
|||||||
Passenger load factor (%) |
|||||||||||||
UK/Europe |
76.6 |
74.3 |
+2.3 |
pts |
72.3 |
70.6 |
+1.7 |
pts |
|||||
Americas |
83.7 |
79.3 |
+4.4 |
pts |
81.3 |
78.3 |
+3.0 |
pts |
|||||
Asia Pacific |
75.9 |
72.8 |
+3.1 |
pts |
71.4 |
64.4 |
+7.0 |
pts |
|||||
Africa and Middle East |
77.5 |
74.4 |
+3.1 |
pts |
72.6 |
70.8 |
+1.8 |
pts |
|||||
Total |
79.7 |
76.4 |
+3.3 |
pts |
76.2 |
73.3 |
+2.9 |
pts |
|||||
Revenue tonne km (RTK) (m) |
|||||||||||||
Cargo tonne km (CTK) |
419 |
333 |
+25.7 |
1630 |
1387 |
+17.5 |
|||||||
Total RTK |
1413 |
1254 |
+12.7 |
5312 |
4758 |
+11.6 |
|||||||
Available tonne km (m) |
1946 |
1846 |
+5.4 |
7588 |
7062 |
+7.5 |
|||||||
Overall load factor (%) |
72.6 |
67.9 |
+4.7 |
pts |
70.0 |
67.4 |
+2.6 |
pts |
Certain statements included in this statement may be forward-looking and may involve 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 business and financing plans, expected future revenues and 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.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602