TRAFFIC AND CAPACITY STATISTI

RNS Number : 2706Y

British Airways PLC

03 July 2008

 



TRAFFIC AND CAPACITY STATISTICS - June 2008

Summary of the headline figures

In June 2008, passenger capacity, measured in Available Seat Kilometres, was 1.2 per cent above June 2007. Traffic, measured in Revenue Passenger Kilometres, fell by 3.7 per cent. This resulted in a passenger load factor decrease of 3.8 points versus last year, to 76.7 per cent.  Traffic comprised a 3.1 per cent decrease in premium traffic and a 3.8 per cent fall in non-premium traffic. 

Cargo, measured in Cargo Tonne Kilometres, rose by 3.3 per cent.  

Market conditions

Brent crude oil prices have risen from $110 per barrel at the beginning of May to $147. Significant increases have been made to prices including surcharges reflecting this rise in fuel costs.

The UK consumer environment is difficult leading to reduced traffic volumes. Longhaul premium and shorthaul non-premium continue to be the better performing segments of the business.

Strategic Developments

British Airways' new subsidiary airline OpenSkies made its first commercial flight on Thursday June 19 between Paris Orly and New York JFK. We have added to the business with the acquisition of L'Avion in July. 

British Airways reached an agreement to sell its 10.5 per cent share in Air Mauritius for £3.2 million. 

Following a further review in response to continuing rising oil prices, the company restructured its fuel surcharge for tickets sold in its First, Club World, World Traveller Plus and Club Europe cabins from Thursday June 19. 

The airline completed the first phase of its transfer of longhaul services from Terminal 4 into Terminal 5 on June 5. The remaining services to operate from Terminal 5 will move in two stages, on Wednesday September 17, 2008 and at the end of October 2008. T5 continues to work well with almost 1.7m passengers using the terminal in June.

The airline has completed its move out of the Compass Centre at Heathrow Airport. From June 25 all Heathrow based cabin crew and flight crew report for their duties at a dedicated centre within Terminal 5. 

ends

July 3, 2008 080/TC/08

BRITISH AIRWAYS SCHEDULED SERVICES
					Financial year to date
	Month of June				April to June
			Change				Change
	2008	2007	(%)		2008	2007	(%)
Passengers carried (000)
UK/Europe	1821	1858	-2.0		5198	5382	-3.4
Americas	678	702	-3.4		1890	1980	-4.5
Asia Pacific	150	154	-2.9		438	447	-2.0
Africa and Middle East	266	287	-7.6		800	840	-4.7
Total	2915	3002	-2.9		8327	8649	-3.7
Revenue passenger km (m)
UK/Europe	1884	1846	+2.1		5366	5330	+0.7
Americas	4566	4732	-3.5		12728	13333	-4.5
Asia Pacific	1528	1579	-3.2		4447	4560	-2.5
Africa and Middle East	1729	1921	-10.0		5215	5619	-7.2
Total	9708	10078	-3.7		27757	28842	-3.8
Available seat km (m)
UK/Europe	2620	2455	+6.7		7822	7435	+5.2
Americas	5739	5635	+1.9		16860	16672	+1.1
Asia Pacific	1938	1947	-0.4		5895	5930	-0.6
Africa and Middle East	2367	2478	-4.5		7238	7505	-3.6
Total	12664	12514	+1.2		37815	37542	+0.7
Passenger load factor (%)
UK/Europe	71.9	75.2	-3.3	pts	68.6	71.7	-3.1	pts
Americas	79.6	84.0	-4.4	pts	75.5	80.0	-4.5	pts
Asia Pacific	78.8	81.1	-2.3	pts	75.4	76.9	-1.5	pts
Africa and Middle East	73.1	77.5	-4.4	pts	72.1	74.9	-2.8	pts
Total	76.7	80.5	-3.8	pts	73.4	76.8	-3.4	pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK)	414	400	+3.3		1238	1193	+3.8
Total RTK	1380	1416	-2.5		3994	4096	-2.5
Available tonne km (m)	1901	1925	-1.3		5690	5762	-1.3
Overall load factor (%)	72.6	73.5	-0.9	pts	70.2	71.1	-0.9	pts

Certain information included in these statements 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 Business Plan programs, 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 itemize 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. Fuller information on some factors which could result in material difference to the results is available in the company's Annual Report for the year ended 31 March 2008, which is available on www.bashareholders.com.

Investor Relations,  Waterside (HAA3), PO Box 365, Harmondsworth, UB7 OGB: Tel: [phone]

 

END

 

 

MSCFKNKKNBKDNOK