April Traffic Statistics

British Airways PLC 4 May 2000 TRAFFIC AND CAPACITY STATISTICS - APRIL 2000 Summary of the headline figures Premium traffic rose by 7.5 per cent in April. Non-premium traffic rose by 6.0 per cent, supported by strong Easter holiday traffic. Capacity measured in Available Seat Kilometres rose by 0.7 per cent in April with Revenue Passenger Kilometres rising by 6.2 per cent. Consequently, passenger load factor rose by 3.7 points to 72.6 per cent. In terms of traffic mix by cabin, premium traffic was strong, despite the Easter holiday falling wholly within April. This was driven by longhaul traffic, with shorthaul premium business falling slightly. Non-premium traffic grew more strongly this month than at any time during the last financial year, driven by holiday traffic. Cargo traffic was again strong, with Cargo Tonne Kilometres up 20.6 per cent. Although all regions performed well in cargo, Europe sold traffic saw particularly strong volumes, with the Asia-Pacific and Middle East, Africa and Indian sub-continent regions continuing to benefit from strong volumes. The overall load factor rose by 5.1 points, to 68.6 per cent. Market conditions The lower industry capacity growth for the summer schedule will support both yields and seat factors in the summer months. While shorthaul routes continue to be under pressure from low cost carriers, longhaul markets are performing better. Costs Fuel markets continue to be volatile. Group hedging cover currently stands at 85 per cent for the first quarter and 75 per cent for the full year to March 2001. Highlights British Airways announced the appointment of Rod Eddington as its new Chief Executive, with effect from 1 May. Strategic developments Alongside five other major world airlines, British Airways announced the formation of a company to create and operate an internet marketplace, linking airlines worldwide with sellers of airline-related goods and services. The company, which will have its headquarters in the United States, will handle approximately $32 billion of the six airlines' supply chain business annually. The other founding member airlines are American Airlines, Air France, Continental Airlines, Delta Air Lines, and United Airlines. British Airways currently has an annual procurement spend of around £3.9 billion, and aims to increase UK orders conducted on-line from 25% to 80% by March 2002. Total annual spend savings from procurement initiatives are forecast to reach £180m by March 2002. British Airways and Amadeus announced a new partnership which will transfer management of British Airways' flight booking, departure control, inventory and related information systems to Amadeus. This move will free British Airways' internal resources to focus on IT developments, including internet based opportunities, which will provide competitive advantage, as well as reducing costs and operating a common system with several oneworld alliance partners. British Airways teamed up with GetThere.com, the leading supplier of internet-based business-to-business travel systems in the US, to launch a new on-line business travel management system for small and medium sized companies in the UK. The private access website will be available to travel agents for their medium to small sized corporate clients and also to corporate customers who wish to book directly. British Airways announced that it had entered into a period of exclusive negotiation with Taitbout Antibes BV, a European financial institution, regarding the sale of its 86 per cent holding in Participations Aeronautiques, the parent company of Air Liberte. Following extensive consultation with trade bodies and travel agents, British Airways announced the payment levels for the agents' remuneration scheme, which replaces the standard seven per cent commission payment. This scheme comes into effect on 1 January 2001. Payments are higher for longhaul than for shorthaul, and for full fare flexible tickets than restricted tickets to reflect the increased workload. May 4, 2000 MK/60/00 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of April BRITISH AIRWAYS MAINLINE Change SCHEDULED SERVICES 2000 1999 (%) Passengers carried (000) UK/Europe 1937 1921 +0.8 Americas 723 687 +5.2 Far East and 193 179 +7.8 Australasia Africa and Middle 246 226 +8.6 East Total 3098 3014 +2.8 Revenue passenger km (m) UK/Europe 1758 1707 +3.0 Americas 4912 4675 +5.1 Far East and 1870 1719 +8.7 Australasia Africa and Middle 1608 1453+10.6 East Total 10147 9554 +6.2 Available seat km (m) UK/Europe 2642 2682 -1.5 Americas 6469 6514 -0.7 Far East and 2462 2383 +3.3 Australasia Africa and Middle 2402 2294 +4.7 East Total 13975 13874 +0.7 Passenger load factor (%) UK/Europe 66.5 63.6 +2.9 pts Americas 75.9 71.8 +4.1 pts Far East and 75.9 72.1 +3.8 pts Australasia Africa and Middle 66.9 63.3 +3.6 pts East Total 72.6 68.9 +3.7 pts Cargo tonne km(CTK) 382 316 +20.6 Total RTK 1392 1267 +9.9 Available tonne km(m)2029 1993 +1.8 Overall load factor 68.6 63.5 +5.1 pts (%) NON MAINLINE SCHEDULED SERVICES* Passengers carried 942 641 +46.9 (000) Revenue passenger 894 619 +44.4 km (m) Available seat km (m)1251 965 +29.7 Total RTK (m) 62 53 +18.0 Available tonne km (m) 88 74 +19.4 TOTAL GROUP SCHEDULED SERVICES Passengers carried 4041 3655 +10.6 (000) Revenue passenger 11041 10174 +8.5 km (m) Available seat km 15226 14839 +2.6 (m) Total RTK (m) 1455 1319 +10.3 Available tonne km 2117 2067 +2.4 (m) *including DBA, Air Liberte, Go & Shareholder Value Cityflyer Express w.e.f. 5.11.1999 Waterside (HEA3) PO Box 365, Harmondsworth West Drayton, Middlesex UB7 OGB Tel: +44 (0) 20 8738 6947 Fax: +44 (0) 20 8738 9602

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