April Traffic Statistics

British Airways PLC 3 May 2001 TRAFFIC AND CAPACITY STATISTICS - APRIL 2001 The presentation of monthly traffic and capacity statistics has changed, with effect from the start of the new financial year. The sale of Air Liberte, the prospective sale of Go and the integration of CityFlyer Express with mainline operations at Gatwick has left Deutsche BA as the only 'non-mainline' flying subsidiary. The impact of Deutsche BA on total Group figures is very small and therefore only consolidated figures for the total Group will be presented. Last year's statistics have been restated. Summary of the headline figures Capacity in April, measured in Available Seat Kilometres, was 9.1 per cent below April 2000. Traffic, measured in Revenue Passenger Kilometres, fell 13.3 per cent. The combined impact of the computer systems outage in March and foot and mouth disease is estimated to account for around one-third of the decline in traffic. The reduction in traffic comprised an 8.4 per cent decline in premium traffic and a 14.2 per cent fall in non-premium traffic. Passenger load factor of 68.9 per cent was 3.4 points lower than April 2000. Cargo, measured in Cargo Tonne Kilometres, fell by 7.4 per cent. Market conditions The testing market conditions and softer revenue highlighted last month have continued. The slowdown in the US economy has come quite rapidly, accounting for an estimated 2 percentage points of the overall drop in traffic. April saw Club World volumes on routes embodied with the new products continue to perform well, but overall volumes in this cabin declined. Costs Oil and fuel prices have increased through the course of April. Based on current forward curves, it is estimated that the total fuel bill for the year to March 2002 will be around £100 million higher than for the year just ended. Strategic developments British Airways welcomed the decision by the Secretary of State for Trade and Industry to clear the offer and not to refer the proposed acquisition of the British Regional Air Lines Group (BRAL) to the Competition Commission. The recommended cash offer of 120p per share values the entire issued share capital of BRAL at approximately £78 million. By the initial offer closing date on April 18, British Airways had received valid acceptances from BRAL shareholders representing 79.9 per cent of the share capital of the Group. The offer period has been extended to May 9. British Airways announced discounts off tickets bought via the airline's website - www.britishairways.co.uk. Passengers will benefit from a discount of £3 for domestic and shorthaul flights and £5 for longhaul journeys. The discount will apply to all bookings and journeys to and from the UK and will include franchise partners. British Airways and Iberia extended their code-sharing arrangements to longhaul routes. British Airways' BA code will be added to Iberia's six weekly flights between Madrid and Lima. Iberia's IB code will be placed on five weekly British Airways' flights between London Heathrow and Bangkok. British Airways and Genie, BT's mobile Internet portal, announced that they have joined forces to provide British Airways' flight availability, status and check-in services via mobile Internet. Available now, the services are accessible exclusively through the travel area on Genie's mobile Internet portal (wap.genie.co.uk/def/travel.wml) and through British Airways' web and WAP sites (www.britishairways.com/mobilezone and wap.britishairways.com). May 3, 2001 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of April BRITISH AIRWAYS Change SCHEDULED SERVICES 2001 2000 (%) Passengers carried (000) UK/Europe 2256 2329 -3.2 Americas 581 723 -19.6 Asia Pacific 153 193 -20.9 Africa and Middle East 237 246 -3.5 Total 3226 3491 -7.6 Revenue passenger km (m) UK/Europe 1898 1967 -3.5 Americas 3966 4912 -19.3 Asia Pacific 1512 1870 -19.1 Africa and Middle East 1604 1608 -0.3 Total 8979 10357 -13.3 Available seat km (m) UK/Europe 2996 2993 +0.1 Americas 5617 6469 -13.2 Asia Pacific 2092 2462 -15.0 Africa and Middle East 2319 2402 -3.5 Total 13024 14325 -9.1 Passenger load factor (%) UK/Europe 63.3 65.7 -2.4 pts Americas 70.6 75.9 -5.3 pts Asia Pacific 72.3 75.9 -3.6 pts Africa and Middle East 69.2 66.9 +2.3 pts Total 68.9 72.3 -3.4 pts Revenue tonne km (RTK) (m) Cargo tonne km (CTK) 353 382 -7.4 Total RTK 1241 1411 -12.1 Available tonne km (m) 1965 2066 -4.9 Overall load factor (%) 63.2 68.3 -5.1 pts Shareholder Value Waterside (HBA1) PO Box 365 Harmondsworth UB7 OGB Tel: +44 (0) 20 8738 6947 Fax: +44 (0) 20 8738 9602

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