Investor Update - October 2009
Summary of the headline figures
In October 2009, passenger capacity, measured in Available Seat Kilometres, was 6.4 per cent below October 2008. Traffic, measured in Revenue Passenger Kilometres, fell by 1.9 per cent. This resulted in a passenger load factor increase of 3.7 points versus last year, to 80.7 per cent.Traffic comprised a 1.4 per cent decrease in premium traffic and a 2.0 per cent decrease in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, fell by 0.9 per cent.
Market conditions
Trading conditions are fully reflected in the interim management report published today (November 6, 2009).
Strategic Developments
This month British Airways had its best ever network punctuality, with 90 per cent of flights departing on schedule according to industry standards, and a record baggage performance.
The airline has transferred flights to Bangkok, Singapore and Sydney from Terminal 4 to the newly refurbished Terminal 3 at Heathrow. Terminal 3 now plays host to about eight per cent of British Airways’ flights and is the designated home for the oneworld alliance at the airport.
From October 25, British Airways began services from Heathrow to Las Vegas and from Gatwick to Punta Cana, The Maldives, Montego Bay and Sharm El Sheikh.
The airline introduced a second service from London City to New York JFK. In addition to the BA001 departure at 12.50, customers can now leave from London City on the BA003 at 16.00 and arrive in JFK at 20.25.
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