Traffic & Capacity Stats

British Airways PLC 4 October 2000 TRAFFIC AND CAPACITY STATISTICS - SEPTEMBER 2000 Summary of the headline figures Traffic and capacity continued the trend seen in recent months. Capacity, measured in Available Seat Kilometres, fell by 2.8 per cent in September. Traffic, measured in Revenue Passenger Kilometres, rose by 0.7 per cent comprising a 6.6 per cent growth in premium traffic and a 0.3 per cent decline in non- premium traffic. The rate of growth in premium traffic is slightly slower than in recent months, reflecting the suspension of the Concorde services. Passenger load factor rose 2.7 points to 76.9 per cent. Cargo continued to improve with a 6.4 per cent increase in Cargo Tonne Kilometres. For the second quarter, ASKs fell by 2.3 per cent, with RPKs growing by 0.1 per cent. This resulted in a 1.8 percentage point increase in mainline quarterly load factor, to 77.7 per cent. The traffic growth comprises a 7.2 per cent rise in premium traffic and a 1.0 per cent decline in non-premium traffic. Cargo Tonne Kilometres for the second quarter rose by 9.4 per cent. Market conditions Trading through the second quarter has been much improved on the same period last year. Load factors have been high and there have been yield improvements on both the longhaul and shorthaul networks. Costs In line with many of its competitors, British Airways has implemented a price increase across all routes to partially offset the high cost of fuel. This three per cent increase on worldwide published fares will help to mitigate the estimated £270m increase in fuel and oil costs for the current financial year. As a result of changes in the sterling:yen exchange rate, there will be a non-cash accounting charge of £7 million in the second quarter financial results. Strategic developments British Airways and KLM announced that they will not be proceeding any further in their talks on a possible combination of their businesses. British Airways announced that it will provide UK travel agents with a further three months to prepare for the introduction of its new travel agents' payment scheme, which will now begin on April 1, 2001. This will allow additional time for British Airways and travel agents to carry out rigorous system testing and for agents to adapt their own systems to meet their individual business needs. British Airways and internet agency DoubleClick signed a landmark on-line advertising deal, spanning 14 countries on four continents with a potential monthly global audience of over 33 million people. The deal will enable British Airways to take advantage of the latest on-line advertising technology to raise its profile across top business, finance and travel websites, as well as general portals such as AltaVista. Deutsche BA, British Airways' wholly owned German subsidiary, adopted the 'BA' prefix next to its own 'DI' codes on German domestic routes and two international routes from Germany to Spain. The codeshare covers 15 German domestic routes between Munich, Cologne, Berlin, Hamburg and Dusseldorf, as well as Deutsche BA's daily flights between Munich and Madrid and Munich and Barcelona. October 4, 2000 BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS Month of September Financial year to date April through September BRITISH AIRWAYS Change Change MAINLINE SCHEDULED 2000 1999 (%) 2000 1999 (%) SERVICES Passengers carried (000) UK/Europe 2129 2121 +0.4 12625 12627 -0.0 Americas 720 732 -1.7 4563 4564 -0.0 Asia Pacific 188 202 -6.9 1135 1144 -0.8 Africa and Middle 270 241 +12.0 1512 1395 +8.4 East Total 3307 3296 +0.3 19835 19730 +0.5 Revenue passenger km (m) UK/Europe 1936 1916 +1.0 11502 11528 -0.2 Americas 4946 5023 -1.5 31182 31183 -0.0 Asia Pacific 1901 1961 -3.1 11123 11036 +0.8 Africa and Middle 1773 1581 +12.1 9866 9075 +8.7 East Total 10555 10481 +0.7 63673 62822 +1.4 Available seat km (m) UK/Europe 2682 2787 -3.7 16369 16899 -3.1 Americas 6331 6689 -5.3 39444 40643 -3.0 Asia Pacific 2269 2392 -5.1 14367 14573 -1.4 Africa and Middle 2447 2260 +8.3 14713 13818 +6.5 East Total 13730 14128 -2.8 84893 85934 -1.2 Passenger load factor (%) UK/Europe 72.2 68.8 +3.4 pts 70.3 68.2 +2.1 pts Americas 78.1 75.1 +3.0 pts 79.1 76.7 +2.4 pts Asia Pacific 83.8 82.0 +1.8 pts 77.4 75.7 +0.7 pts Africa and Middle 72.4 69.9 +2.5 pts 67.1 65.7 +1.4 pts East Total 76.9 74.2 +2.7 pts 75.0 73.1 +1.9 pts Revenue tonne km (RTK) (m) Cargo tonne km(CTK) 405 381 +6.4 2431 2151 +13.0 Total RTK 1463 1426 +2.6 8807 8411 +4.7 Available tonne km(m) 2044 2052 -0.4 12537 12411 +1.0 Overall load factor(%) 71.6 69.5 +2.1 pts 70.2 67.8 +2.4 pts NON-MAINLINE SERVICES Passengers carried(000) 698 787 -11.3 4000 4384 -8.8 Revenue passenger km(m) 541 720 -24.8 3092 4187 -26.2 Available seat km(m) 762 1094 -30.3 4528 6259 -27.7 Revenue tonne km(RTK) 49 71 -30.0 285 415 -31.2 (000) Available tonne km 79 106 -25.1 465 605 -23.1 TOTAL GROUP SCHEDULED SERVICES (including Deutsche BA, Go, Air Liberte (1999) & Cityflyer Express w.e.f. 5.11.1999 for vlys) Passengers carried(000) 4005 4083 -1.9 23835 24114 -1.2 Revenue passenger km(m) 11096 11201 -0.9 66765 67010 -0.4 Available seat km(m) 14492 15222 -4.8 89421 92193 -3.0 Total RTK(m) 1513 1496 +1.1 9092 8826 +3.0 Available tonne km(m) 2123 2158 -1.6 13003 13016 -0.1 Shareholder Value Waterside (HEA3) PO Box 365 Harmondsworth UB7 OGB Tel: +44 (0) 20 8738 6947 Fax: +44 (0) 20 8738 9602

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