FORM 6-K
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549
Report of Foreign Issuer
Furnished Pursuant to Rule 13a - 16 or 15d - 16 of the
Securities Exchange Act of 1934
For the period ending 6 May 2003
BRITISH AIRWAYS Plc
Waterside HBA3, PO Box 365, Harmondsworth UB7 0GB
CONTENTS
1. Traffic and Capacity
Statistics - April 2003
6 May 2003
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
Date: 6 May 2003
Sarah BillingtonManager
Shareholder Services
TRAFFIC AND CAPACITY STATISTICS - April 2003
Summary of the headline figures
In April 2003, overall load factor rose 0.7 points to 64.6 per cent. Passenger capacity,
measured in Available Seat Kilometres, was 1.3 per cent below April 2002 and traffic,
measured in Revenue Passenger Kilometres, was lower by 2.0 per cent. This resulted in a
passenger load factor down 0.4 points versus last year, to 69.0 per cent. The fall in
traffic comprised a 26.4 per cent reduction in premium traffic and a 2.7 per cent increase
in non-premium traffic. These numbers were impacted by the timing of Easter versus last
year. Cargo, measured in Cargo Tonne Kilometres, fell by 7.3 per cent.
Market conditions
Revenue and forward bookings continue to be impacted by global economic weakness, SARS,
and the situation in Iraq. Forward visibility on revenue and traffic remains limited.
Strategic Developments
British Airways announced the retirement of its Concorde fleet of seven aircraft with
effect from the end of October 2003.
A U.S. Department of Transportation order tentatively gave British Airways and American
Airlines authority to codeshare on a wide number of flights beyond their gateways in
London and the United States.
British Airways launched a new direct air link from Glasgow to London City operated by its
wholly owned subsidiary, British Airways CitiExpress, using 110 seat RJ100 jet aircraft.
This follows the launch of flights from London City to Paris and Frankfurt on March 30th.
There will be three return flights on weekdays and one return service on Sundays.
British Airways resumed flights from Heathrow to Tel Aviv and Kuwait and re-introduced
direct services to Abu Dhabi, Dubai, and Bahrain, Jeddah and Riyadh. It also announced
plans to return to Baghdad with a thrice weekly service, when it is safe to do so.
British Airways franchise operator, GB Airways, announced the introduction of another two
destinations Fuerteventura and Tenerife North - to its network from the UK.
May 6, 2003
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of April
Change
SCHEDULED SERVICES 2003 2002 (%)
Passengers carried (000)
UK/Europe 2227 2209 +0.8
Americas 556 534 +4.1
Asia Pacific 90 124 -27.3
Africa and Middle East 185 205 -9.9
Total 3058 3072 -0.5
Revenue passenger km (m)
UK/Europe 1781 1720 +3.5
Americas 3760 3618 +3.9
Asia Pacific 987 1267 -22.1
Africa and Middle East 1303 1382
-5.7
Total 7830 7986 -2.0
Available seat km (m)
UK/Europe 2729 2638 +3.4
Americas 5048 5197 -2.9
Asia Pacific 1636 1639 -0.2
Africa and Middle East 1942 2030
-4.3
Total 11354 11503 -1.3
Passenger load factor (%)
UK/Europe 65.3 65.2 +0.1
pts
Americas 74.5 69.6 +4.9
pts
Asia Pacific 60.3 77.3 -17.0
pts
Africa and Middle East 67.1 68.1
-1.0 pts
Total 69.0 69.4 -0.4
pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 308 333 -7.3
Total RTK 1087 1127 -3.6
Available tonne km (m) 1682 1765
-4.7
Overall load factor (%) 64.6 63.9
+0.7 pts
Certain information included in this statement 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 'Future Size and
Shape' programme, 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 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. Information on some factors which could result in
material difference to the results is available in the Company's SEC filings, including,
without limitation the Company's Report on Form 20-F for the year ended March 2002.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 6947
Fax: +44( 0) 20 8738 9602