FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
REPORT OF FOREIGN PRIVATE ISSUER
FURNISHED PURSUANT TO RULE 13a-16 OR 15d-16 UNDER
THE SECURITIES EXCHANGE ACT OF 1934
9 November 2004
BRITISH AIRWAYS Plc
(Registrant's Name)
Waterside HBA3,
PO Box 365
Harmondsworth UB7 0GB
United Kingdom
Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.
Form 20-F X Form 40-F
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule101(b)(1)
Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.
Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7)
Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submitted to furnish a report or other document that the registrant foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organised (the registrant's "home country"), or under the rules of the home country exchange on which the registrant's securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant's security holders, and, if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.
Indicate by check mark whether by furnishing the information contained in this Form, the registrant is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.
Yes No X
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CONTENTS
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 |
|
By: /s/_______________________________ |
Name: Alan Buchanan |
Title: Company Secretary |
Date: 9 November, 2004 |
INDEX TO EXHIBITS
Exhibit No. |
Description |
1. |
Traffic and Capacity Statistics October 2004 - 8 November 2004 |
TRAFFIC AND CAPACITY STATISTICS - October 2004
Summary of the headline figures
In October 2004, passenger capacity, measured in Available Seat Kilometres, was 0.1 per cent above October 2003. Capacity was impacted by some two percentage points as a result of planned reductions to the schedule announced in September. Traffic, measured in Revenue Passenger Kilometres, was higher by 1.8 per cent. This resulted in a passenger load factor up 1.2 points versus last year, to 74.2 per cent. The increase in traffic comprised an 0.8 per cent increase in premium traffic and a 2.0 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 14.2 per cent. Overall load factor rose by 2.9 points to 71.1 per cent.
Market conditions are broadly unchanged. All market segments remain price sensitive and yield declines are expected to continue. The total revenue outlook for the year to March 2005 is unchanged with a 2-3 per cent improvement driven by volume increases.
Fuel costs net of hedging are now expected to be some £245 million more than last year (up £20 million from our last estimate). Passenger and cargo fuel surcharges forecast at £160 million for this year partially offset this increase.
As a result of the continued rise in oil, British Airways increased its fuel surcharge from £6 to £10 per sector on longhaul flights and from £2.50 to £4 per sector on shorthaul flights.
British Airways announced that Denise Kingsmill, CBE, was joining the Board as a Non-Executive Director from 1 November, 2004. She formerly chaired the Department of Trade and Industry's Accounting for People Task Force and was Deputy Chairman of the Competition Commission. A lawyer, she is also a non-executive director of the Home Office and chairs the Advisory Forum for Laing O'Rourke plc.
The US State Department introduced new passport rules and security measures for all customers flying into the USA.
The airline took delivery of its first Airbus A321 194 seater aircraft, which will operate on shorthaul high-density routes from Terminal 4 at London Heathrow.
A trial has shown that 47% of all British Airways customers checking-in online at London City Airport print their own boarding passes before leaving for the airport. The trial is to be extended for a further two months.
November 8, 2004
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS |
|||||||||||||
Month of October |
Financial year to date |
||||||||||||
April through October |
|||||||||||||
BRITISH AIRWAYS GROUP |
Change |
Change |
|||||||||||
SCHEDULED SERVICES |
2004 |
2003 |
(%) |
|
2004 |
2003 |
(%) |
||||||
Passengers carried (000) |
|||||||||||||
UK/Europe |
2019 |
2079 |
-2.9 |
14852 |
14928 |
-0.5 |
|||||||
Americas |
571 |
586 |
-2.5 |
4421 |
4289 |
+3.1 |
|||||||
Asia Pacific |
148 |
138 |
+7.1 |
971 |
809 |
+20.1 |
|||||||
Africa and Middle East |
256 |
239 |
+7.0 |
1751 |
1568 |
+11.6 |
|||||||
Total |
2994 |
3042 |
-1.6 |
21995 |
21593 |
+1.9 |
|||||||
Revenue passenger km (m) |
|||||||||||||
UK/Europe |
1808 |
1778 |
+1.7 |
13422 |
12897 |
+4.1 |
|||||||
Americas |
3841 |
3913 |
-1.9 |
29557 |
28666 |
+3.1 |
|||||||
Asia Pacific |
1526 |
1448 |
+5.3 |
9992 |
8621 |
+15.9 |
|||||||
Africa and Middle East |
1729 |
1608 |
+7.5 |
11630 |
10489 |
+10.9 |
|||||||
Total |
8904 |
8748 |
+1.8 |
64601 |
60673 |
+6.5 |
|||||||
Available seat km (m) |
|||||||||||||
UK/Europe |
2644 |
2576 |
+2.6 |
18558 |
18130 |
+2.4 |
|||||||
Americas |
5115 |
5356 |
-4.5 |
37004 |
37193 |
-0.5 |
|||||||
Asia Pacific |
2008 |
1871 |
+7.4 |
13626 |
12174 |
+11.9 |
|||||||
Africa and Middle East |
2230 |
2185 |
+2.1 |
15422 |
14298 |
+7.9 |
|||||||
Total |
11998 |
11988 |
+0.1 |
84610 |
81794 |
+3.4 |
|||||||
Passenger load factor (%) |
|||||||||||||
UK/Europe |
68.4 |
69.0 |
-0.6 |
pts |
72.3 |
71.1 |
+1.2 |
pts |
|||||
Americas |
75.1 |
73.1 |
+2.0 |
pts |
79.9 |
77.1 |
+2.8 |
pts |
|||||
Asia Pacific |
76.0 |
77.4 |
-1.4 |
pts |
73.3 |
70.8 |
+2.5 |
pts |
|||||
Africa and Middle East |
77.5 |
73.6 |
+3.9 |
pts |
75.4 |
73.4 |
+2.0 |
pts |
|||||
Total |
74.2 |
73.0 |
+1.2 |
pts |
76.4 |
74.2 |
+2.2 |
pts |
|||||
Revenue tonne km (RTK) (m) |
|||||||||||||
Cargo tonne km (CTK) |
461 |
404 |
+14.2 |
2877 |
2497 |
+15.2 |
|||||||
Total RTK |
1346 |
1275 |
+5.6 |
9318 |
8565 |
+8.8 |
|||||||
Available tonne km (m) |
1892 |
1871 |
+1.1 |
13245 |
12616 |
+5.0 |
|||||||
Overall load factor (%) |
71.1 |
68.2 |
+2.9 |
pts |
70.4 |
67.9 |
+2.5 |
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