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British Airways traffic and capacity statistics for December 2003

In December 2003, passenger capacity of British Airways, measured in Available Seat Kilometres, was 2.3 per cent above…

In December 2003, passenger capacity of British Airways, measured in Available Seat Kilometres, was 2.3 per cent above  December 2002 and traffic, measured in Revenue Passenger Kilometres, was higher by 4.8 per cent. This resulted in a passenger load factor up 1.7 points versus last year, to 73.3 per cent. The increase in traffic comprised a 4.7 per cent increase in premium traffic and a 4.8 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, rose by 15 per cent. Overall load factor rose 3.1 points to 70 per cent.

For the October to December quarter, ASKs rose by 2.9 percent, with RPKs rising by 5.3 percent. This resulted in an increase in passenger load factor of 1.7 points, to 72.7 percent. This comprised a 3.5 per cent increase in premium traffic and a 5.6 percent increase in non-premium traffic. CTKs rose by 11 per cent.

Market conditions

Longhaul premium volumes continue to increase year on year and are driving some improvement in the revenue outlook. Shorthaul premium continues to be weak and below last year`s levels. Traffic volumes in non premium remain very sensitive to yield.

Costs

As a result of yen depreciation against sterling, there will be a non-cash accounting profit of £27 million in the third quarter financial results.

Strategic Developments

British Airways, Iberia Airlines and BA franchise partner GB Airways were given exemption from competition legislation by the European Commission. The exemption allows them to share airport facilities, extend code-sharing services, coordinate sales and marketing programmes, undertake joint network planning, coordinate capacity and pricing and cargo services.

The UK government, in its Aviation White Paper, approved new runways at London Stansted airport by around 2011, and subject to resolving the level of nitrogen dioxide emissions, at London Heathrow airport between 2015 and 2020.

The airline announced an increase in capacity between Nairobi and London from seven flights to 10 per week from March 28, 2004.

British Airways` new year sale began on December 30, with more than 500,000 discounted flight tickets to more than 120 worldwide destinations with savings up to £308. The sale also includes some bargain British Airways Holidays breaks to the Caribbean, USA (including Florida), Canada and Dubai with savings up to £339 per person. The World Offer tickets are on sale until January 27, 2004 and are valid for travel for differing time periods from January1 until June15.

Theodore Koumelis
Co-Founder & Managing Director - Travel Media Applications | Website

Theodore is the Co-Founder and Managing Editor of TravelDailyNews Media Network; his responsibilities include business development and planning for TravelDailyNews long-term opportunities.

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