British Airways reports Mar-09 traffic figures
06-Apr-2009 |
Airline Code [BAW]
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Tags :UK, British Airways
In Mar-09, passenger capacity, measured in Available Seat Kilometres, was 0.9% above Mar-08. Traffic, measured in Revenue Passenger Kilometres, fell by 7.3%. This resulted in a passenger load factor decrease of 6.4 points, versus last year, to 72.7%. Traffic comprised a 13.0% decrease in premium traffic and a 6.0% fall in non-premium traffic.
Comparisons between Mar-08 and Mar-09 are complicated by the timing of Easter, which fell in March in 2008 and will be in April this year. The effect in Mar-09 is to increase premium and reduce non-premium volumes.
Cargo, measured in Cargo Tonne Kilometres, fell by 10.0%.
Market conditions
Market conditions remain challenging, with both volume and yield under pressure in all markets.
At Investor Day we indicated that the full year result would be impacted by one-off items: the significant snowfall in early February, which severely restricted operations for several days, and any additional severance costs through to the end of March as we continue to restructure the business. These are expected to be some GBP20 million and GBP35 million respectively.
The revenue outlook for the full year will be impacted by some GBP20-GBP25 million due to the weakness in volume and yield, particularly in US traffic.
Including the impact of weaker revenue for the year we anticipate that we will report a full year operating loss of some GBP150 million before total severance costs of GBP75 million.
Strategic Developments
The airline won five top accolades from the Chartered Institute of Marketing Travel Marketing Awards for its 'Terminal 5 is working' campaign.
British Airways has invested GBP5 million to become the first commercial airline to introduce onboard Microwave Landing System technology. The system increases the safe landing rate during low visibility at Heathrow by more than 20%, reducing delays and disruption caused by fog.
Flights to Atlanta and Toulouse moved from Gatwick to Heathrow at the start of the summer season on 29-Mar-009. Services from Heathrow to Dhaka and Kolkata and from Gatwick to Dublin, Geneva (summer only) and Zurich were suspended. At Heathrow, Nice flights moved from Terminal 3 to Terminal 5 and flights to Malaga and Vienna moved from Terminal 5 to Terminal 3. (c) Centre for Asia Pacific Aviation. Date posted: 06-Apr-09
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