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
05 MARCH 2007
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
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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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connection with Rule 12g3-2(b):
CONTENTS
1. February traffic statistics
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 05 March 2007
INDEX TO EXHIBITS
Exhibit No. Description
1. February traffic statistics
TRAFFIC AND CAPACITY STATISTICS - February 2007
Summary of the headline figures
In February 2007, passenger capacity, measured in Available Seat Kilometres, was
0.9 per cent above February 2006. Traffic, measured in Revenue Passenger
Kilometres, was lower by 4.2 per cent. This resulted in a passenger load factor
down 3.7 points versus last year, to 67.5 per cent. The decrease in traffic
comprised a 6.3 per cent decrease in premium traffic and a 3.8 per cent decrease
in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, decreased by
10.9 per cent. Overall load factor fell by 2.6 points to 64.7 per cent.
Strike dates were announced in January covering six days in the first two weeks
of February. During these days we closed our systems to new bookings. As
premium travel is predominantly booked two to three weeks pre-departure, premium
bookings during this period were significantly impacted.
Market conditions
Market conditions are broadly unchanged.
Strategic Developments
British Airways took the first step towards expanding its longhaul fleet by
ordering four Boeing 777-200 ER aircraft for delivery during early 2009, with
options on four Boeing 777-200 ER aircraft for delivery in 2010.
British Airways and the trustees of the New Airways Pension Scheme (NAPS)
formally agreed a ten year funding plan to tackle the GBP2.1 billion deficit in
the scheme. The plan, which was agreed in principle with the trustees last year,
includes annual company contributions of some GBP280 million, a one-off cash
injection of GBP800 million and benefit changes to take effect from April 1. It
also includes an additional GBP150 million in cash over the next three years,
subject to the airline's financial performance. The benefit changes deliver an
immediate deficit reduction of some GBP400 million and a saving of some GBP80
million a year.
The airline launched Easter breaks with up to 45 per cent off British Airways
business class (Club World) fares to 28 holiday destinations if booked before
March 8, 2007. These included return fares from London to New York starting from
GBP1349 (saving up to GBP983), GBP1349 to Baltimore, Boston, Philadelphia and
Washington (saving up to GBP1083 each) and GBP1749 to Seattle (saving up to
GBP1412). Los Angeles and San Francisco are available from GBP1649 (saving up
to GBP1337 each).
ends
March 5, 2007
033/KG/07
Note: Traffic stistics will exclude the regional operations of BA Connect from
next month.
BRITISH AIRWAYS MONTHLY TRAFFIC AND CAPACITY STATISTICS
Month of February Financial year
April through to Feb
BRITISH AIRWAYS Change Change
SCHEDULED SERVICES 2007 2006 (%) 2007 2006 (%)
Passengers carried (000)
UK/Europe 1491 1613 -7.6 21164 21214 -0.2
Americas 455 484 -5.9 6756 6727 +0.4
Asia Pacific 125 148 -15.2 1681 1740 -3.4
Africa and Middle East 293 276 +6.0 3272 2888 +13.3
Total 2364 2520 -6.2 32873 32569 +0.9
Revenue passenger km (m)
UK/Europe 1363 1421 -4.1 19972 19534 +2.2
Americas 3084 3260 -5.4 45563 45185 +0.8
Asia Pacific 1291 1524 -15.3 17177 17931 -4.2
Africa and Middle East 2018 1894 +6.5 22080 19551 +12.9
Total 7756 8099 -4.2 104791 102202 +2.5
Available seat km (m)
UK/Europe 2309 2327 -0.8 28396 28997 -2.1
Americas 4745 4634 +2.4 59457 57448 +3.5
Asia Pacific 1779 2000 -11.0 21941 23367 -6.1
Africa and Middle East 2651 2416 +9.7 28567 25282 +13.0
Total 11484 11377 +0.9 138361 135094 +2.4
Passenger load factor (%)
UK/Europe 59.1 61.1 -2.0 pts 70.3 67.4 +2.9 pts
Americas 65.0 70.3 -5.3 pts 76.6 78.7 -2.1 pts
Asia Pacific 72.6 76.2 -3.6 pts 78.3 76.7 +1.6 pts
Africa and Middle East 76.1 78.4 -2.3 pts 77.3 77.3 +0.0 pts
Total 67.5 71.2 -3.7 pts 75.7 75.7 +0.0 pts
Revenue tonne km (RTK) (m)
Cargo tonne km (CTK) 336 377 -10.9 4309 4471 -3.6
Total RTK 1116 1181 -5.5 14897 14683 +1.5
Available tonne km (m) 1725 1756 -1.7 21235 21081 +0.7
Overall load factor (%) 64.7 67.3 -2.6 pts 70.2 69.7 +0.5 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. 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 2006.
The estimated impact of the averted strike in Quarter 4 reflects the direct
costs of the measures and the estimated revenue impacts, both direct and
indirect. The estimate of GBP80 million is based on assumptions the company
considers reasonable, but are judgemental.
Investor Relations
Waterside (HCB3)
PO Box 365
Harmondsworth
UB7 OGB
Tel: +44 (0) 20 8738 694