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British Airways traffic and capacity statistics Jul-2009
British Airways traffic and capacity statistics Jul-200906-Aug-2009 |
Airline Code [BAW]
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Tags :UK, British Airways In July 2009, passenger capacity, measured in Available Seat Kilometres, was 2.7 per cent below July 2008. Traffic, measured in Revenue Passenger Kilometres, rose by 1.0 per cent. This resulted in a passenger load factor increase of 3.1 points versus last year, to 84.6 per cent. Traffic comprised an 11.0 per cent decrease in premium traffic and a 3.5 per cent increase in non-premium traffic. Cargo, measured in Cargo Tonne Kilometres, fell by 6.8 per cent.
Market conditions remain as described in the company's Interim Management Statement of July 31, 2009. Underlying volumes and seat factors stabilised during the first quarter and are expected to improve in the peak summer months. Yields will be under pressure from the year on year impact of lower fuel surcharges, exchange movements and mix. Yield uncertainty continues to make revenue forecasting difficult. Based on current fuel prices and exchange rates the full year fuel bill is expected to be between £450 million and £500 million lower than last year.
The airline announced that it is planning to raise £680 million of liquidity through a £350 million convertible bond issue and by gaining access to bank facilities which are currently used to provide guarantees to its pension funds. This will increase liquidity to approximately £2 billion.
Pilots represented by the British Airline Pilots' Association (BALPA) voted 94 per cent in favour of a package of measures that will save the company £26 million per annum.
British Airways is moving its flights to Sydney, Singapore and Bangkok from Heathrow Terminal 4 to Terminal 3 on October 29, 2009 with Qantas moving into Terminal 3 on the same day. This will help to ensure smoother connections for customers from our oneworld alliance partners who will all be based in Terminal 3 from that date.
The airline has launched "Face to Face", a long term campaign to boost economic growth in the United States by offering 1000 American business people the opportunity to travel overseas on BA flights to conduct face-to-face meetings with their business partners. This is the US version of the Backing Britain campaign that the airline launched earlier this year.
British Airways' Ashes promotion saw 425 flights to Sydney, costing £215 each, sell out in six minutes. The price was based on the number of runs Australia scored in the first innings of the second npower test with the number of seats based on England's first innings score.
(c) Centre for Asia Pacific Aviation. Date posted: 6-Aug-09 |
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