British Airways - 2
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Traffic Stats
TRAFFIC AND CAPACITY STATISTICS - September 2008
Summary of the headline figures
In September 2008, passenger capacity, measured in Available Seat Kilometres, was 0.8 per cent above September 2007. Traffic, measured in Revenue Passenger Kilometres, fell by 4.8 per cent. This resulted in a passenger load factor decrease of 4.3 points versus last year, to 74.0 per cent. Traffic comprised an 8.6 per cent decrease in premium traffic and a 4.1 per cent fall in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, fell by 3.5 per cent.
Market conditions Trading conditions continue to be challenging. Longhaul premium traffic has softened after the summer and forward bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook. Revenue forecasts for the year carry some risk, although current good yields and the stronger dollar are broadly offsetting the volume impact. Cost initiatives continue in an effort to offset revenue risk. Fuel costs are still expected to be around £3 billion for the year. The target continues to be for the business to break even at the operating level.
Summary of the headline figures
In September 2008, passenger capacity, measured in Available Seat Kilometres, was 0.8 per cent above September 2007. Traffic, measured in Revenue Passenger Kilometres, fell by 4.8 per cent. This resulted in a passenger load factor decrease of 4.3 points versus last year, to 74.0 per cent. Traffic comprised an 8.6 per cent decrease in premium traffic and a 4.1 per cent fall in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, fell by 3.5 per cent.
Market conditions Trading conditions continue to be challenging. Longhaul premium traffic has softened after the summer and forward bookings are being affected by the increased anxiety in financial markets and by the uncertain economic outlook. Revenue forecasts for the year carry some risk, although current good yields and the stronger dollar are broadly offsetting the volume impact. Cost initiatives continue in an effort to offset revenue risk. Fuel costs are still expected to be around £3 billion for the year. The target continues to be for the business to break even at the operating level.
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British Airways make 80% of it's profits from 10 routes.
9 of them Transatlantic!
So to an extent, WHBM is correct. On the other hand, non of these 10 routes, has ever been 'Regional', 'leisure', or to 'low profile destination'???
Draw your own conclusions!
9 of them Transatlantic!
So to an extent, WHBM is correct. On the other hand, non of these 10 routes, has ever been 'Regional', 'leisure', or to 'low profile destination'???
Draw your own conclusions!
Last edited by Tandemrotor; 3rd Oct 2008 at 14:50.
Daily Express
UK NEWS
BA PASSENGER NUMBERS DOWN
British Airways has announced a 5.6 per cent fall in passenger numbers
Friday October 3,2008
British Airways carried 5.6% fewer passengers last month than in September 2007 and announced that trading conditions continued to be "challenging".
A total of nearly 2.8 million passengers flew with BA in September 2008, compared with more than 2.96 million in September 2007.
BA said forward bookings were being affected "by the increased anxiety in financial markets and by the uncertain economic outlook".
Africa and Middle East traffic dipped the most last month, dropping 10.1%. The UK and Europe sector fell 5.9%, North and South America including the Caribbean was down 2.6% and Asia Pacific decreased 5.3%.
BA planes were 74.0% full last month compared with 78.3% in September 2007.
Numbers travelling in first class and business class seats fell 8.6% while economy class traffic was down 4.1%.
BA said: "Revenue forecasts for the year carry some risk, although current good yields and the stronger dollar are broadly offsetting the volume impact.
"Cost initiatives continue in an effort to offset revenue risk. Fuel costs are still expected to be around £3 billion for the year. The target continues to be for the business to break even at the operating level."
UK NEWS
BA PASSENGER NUMBERS DOWN
British Airways has announced a 5.6 per cent fall in passenger numbers
Friday October 3,2008
British Airways carried 5.6% fewer passengers last month than in September 2007 and announced that trading conditions continued to be "challenging".
A total of nearly 2.8 million passengers flew with BA in September 2008, compared with more than 2.96 million in September 2007.
BA said forward bookings were being affected "by the increased anxiety in financial markets and by the uncertain economic outlook".
Africa and Middle East traffic dipped the most last month, dropping 10.1%. The UK and Europe sector fell 5.9%, North and South America including the Caribbean was down 2.6% and Asia Pacific decreased 5.3%.
BA planes were 74.0% full last month compared with 78.3% in September 2007.
Numbers travelling in first class and business class seats fell 8.6% while economy class traffic was down 4.1%.
BA said: "Revenue forecasts for the year carry some risk, although current good yields and the stronger dollar are broadly offsetting the volume impact.
"Cost initiatives continue in an effort to offset revenue risk. Fuel costs are still expected to be around £3 billion for the year. The target continues to be for the business to break even at the operating level."
Bunnygirl - I'm up for the St Kitts flights, do you think they might drop it in to NQY so we in Kernow don't have to drive up country to catch it though....
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I work for BA and can see some very tough times approaching over this Winter, with major changes ahead; but if the company are still saying that we will break even at the operational level (ie with losses probably due redundancy payments etc) I for one think that that is a MAJOR achievement in the current climate.
I think the scale of the current downturn is yet to be understood by many - this is potentially MUCH bigger than 9/11 and Gulf War 1/2; in my view this signals the end of the US led world economy and a depression lasting 5 years.
Surviving is the name of the game, and within the airlines BA is better placed than about 90% of 'real' airlines (ie those trading as a PLC, not Alitalia, Olympic, Gulf and SE Asian state controlled airlines etc).
I think the scale of the current downturn is yet to be understood by many - this is potentially MUCH bigger than 9/11 and Gulf War 1/2; in my view this signals the end of the US led world economy and a depression lasting 5 years.
Surviving is the name of the game, and within the airlines BA is better placed than about 90% of 'real' airlines (ie those trading as a PLC, not Alitalia, Olympic, Gulf and SE Asian state controlled airlines etc).
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In the summer during the week they were carrying single figures in a B737-500. Since that's not good and they won't fly anything that small by next summer it's not coming back !
Slightly off the point but off to Vancouver with BA in a couple of weeks, World Traveller Plus, since I really want to sit with Mrs Groundhog and BA will not allow pre seat booking what chance do we have of getting the seats we want even by online check in the moment it opens??? Any tips welcomed.
Seriously on the Newquay side I was joking, a little suprised they started the route in the first place, maybe it would have gone better from Heathrow since ASW already cover Gatwick pretty well.
Seriously on the Newquay side I was joking, a little suprised they started the route in the first place, maybe it would have gone better from Heathrow since ASW already cover Gatwick pretty well.
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Or maybe Newquay would have been better served by a Dash 8 in BA colours into the North Terminal at LGW. Oh wait a minute.....IT WAS ! As for LHR-NQY, if it wasn't worth doing it when they moved Brymon to LGW it's not ever going to happen in the future unless LHR Runway 3 has a certain % reserved for UK connections. However seeing as the ignorant media and the general voting public see short flights as more evil than say Satan himself, then I doubt it very much.......
Oddly enough the same general public keep flying so that's all we need to know about the fickleness of the UK public.
Oddly enough the same general public keep flying so that's all we need to know about the fickleness of the UK public.
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well lets see what happens when cityflyer gets new aircraft and possible expansion/possible take over of existing domestic routes etc!
could see some of the old bacon routes returning as well ?
wishfull thinking!!
could see some of the old bacon routes returning as well ?
wishfull thinking!!
Too mean to buy a long personal title
Slightly off the point but off to Vancouver with BA in a couple of weeks, World Traveller Plus, since I really want to sit with Mrs Groundhog and BA will not allow pre seat booking what chance do we have of getting the seats we want even by online check in the moment it opens??? Any tips welcomed..