BAA traffic figures for July 2003

BAA's seven UK airports experienced their second busiest month on record this
July, with a total of 13.2 million passengers, up 2.2% on the same month last
year.

Unofficial strike action by BA's check-in staff at Heathrow is estimated to
have caused a net loss of 100,000 passengers at Heathrow. More modest
strike-related losses at Glasgow and Edinburgh are thought to have been offset
by a gain at Stansted. In the absence of strike action, it is estimated that
BAA would have recorded an increase of 3% and seen its busiest month ever.

Among major markets, domestic traffic was affected most by the BA strike but
still recorded an increase of 1.9%. European scheduled traffic was up by 6.9%
while some of the early season cut backs in European charter capacity were
restored in July. Following a fall of 11% in the European charter traffic in
June, the busier month of July saw a drop of just 2.7%.

The recent gradual recovery in North Atlantic traffic was set back slightly by
the strike, with a 2.9% decrease. Other long haul routes saw a recovery from
the SARS and Iraqi War impacts, with a collective increase of 1.9%, the first
monthly gain since February.

Amongst the individual airports, Heathrow traffic decreased 0.7% due to the
strike. Gatwick, up 0.1%, was virtually unchanged on last year with a strong
European scheduled performance. Stansted added 11.3%, while Southampton's
successful launch of new scheduled services resulted in growth of 78.6%. In
Scotland, traffic at both Glasgow, up 3.6% and Edinburgh, up 5.4%, was reduced
by the BA strike.

Despite the strike, the total number of air transport movements at BAA airports
was up by 0.4% on last year but cargo tonnage fell by 7.7%, partly due to
technical problems at BA's Heathrow cargo facility and partly as a result of
the BA strike.

              For further information on BAA plc see www.baa.com               

BAA Traffic Summary : July 2003                                                
                                                                               
Terminal                        %   Fin year to        %   12 months          %
                                          date:                   to           
                                                                               
Passengers (000s) Month    Change Apr to Jul 03 Change**      Jul 03  Change***
                                *                                              
                                                                               
Heathrow           6,021.6   -0.7      21,371.9     -1.8    62,561.1        4.0
                                                                               
Gatwick            3,257.5    0.1      11,044.0      2.1    29,868.7        2.5
                                                                               
Stansted           1,860.9   11.3       6,403.3     11.6    17,410.2       18.3
                                                                               
London Area Total 11,139.9    1.4      38,819.3      1.3   109,840.0        5.6
                                                                               
Southampton          137.1   78.6         451.9     58.6       961.4       18.2
                                                                               
Glasgow              917.0    3.6       3,093.4      4.9     8,044.6        7.0
                                                                               
Edinburgh            722.1    5.4       2,640.6      8.2     7,273.5       10.9
                                                                               
Aberdeen             243.1   -1.4         891.9     -2.3     2,553.2        0.6
                                                                               
Scottish Total     1,882.2    3.6       6,625.9      5.1    17,871.3        7.6
                                                                               
BAA Total         13,159.2    2.2      45,897.1      2.2   128,672.6        6.0
                                                                               
                                                                               
Air Transport                   %    Fin year to         %   12 months        %
                                           date:                    to         
                                                                               
Movements        Month    Change*  Apr to Jul 03  Change**      Jul 03 Change**
                                                                              *
                                                                               
Heathrow           39,818    -2.2        152,356      -2.7     456,919      0.4
                                                                               
Gatwick            22,791    -0.7         82,504      -0.4     236,939      1.8
                                                                               
Stansted           15,699     8.3         58,164       8.5     166,470     12.7
                                                                               
London Area        78,308     0.2        293,024      -0.0     860,328      3.0
Total                                                                          
                                                                               
Southampton         3,319    25.8         11,708      19.6      29,751      4.7
                                                                               
Glasgow             8,696    -1.3         31,774       0.0      88,744     -1.9
                                                                               
Edinburgh           9,358    -2.3         35,848      -1.7     105,592      1.3
                                                                               
Aberdeen            7,089    -1.1         27,206      -3.2      80,085     -5.4
                                                                               
Scottish Total     25,143    -1.6         94,828      -1.6     274,421     -1.7
                                                                               
BAA Total         106,770     0.4        399,560       0.1   1,164,500      1.9
                                                                               
                                                                               
Cargo                           %    Fin year to         %   12 months        %
                                           date:                    to         
                                                                               
(Metric Tonnes)  Month    Change* Apr to Jul 03   Change**      Jul 03 Change**
                                                                              *
                                                                               
Heathrow           97,308    -9.1        401,853      -3.2   1,239,984      5.6
                                                                               
Gatwick            18,685   -11.2         73,396      -9.3     232,594     -5.9
                                                                               
Stansted           16,053     4.9         63,733       3.6     194,387     13.3
                                                                               
London Area       132,046    -7.9        538,982      -3.3   1,666,965      4.7
Total                                                                          
                                                                               
Southampton            28   -17.6            129      -5.8         373     -1.7
                                                                               
Glasgow               657    -4.6          2,131      -7.4       5,256      0.0
                                                                               
Edinburgh           2,191     7.7          8,526      16.6      24,252     38.9
                                                                               
Aberdeen              317    -6.8          1,212      -6.9       3,517    -12.2
                                                                               
Scottish Total      3,165     3.3         11,869       8.7      33,025     23.6
                                                                               
BAA Total         135,239    -7.7        550,980      -3.1   1,700,362      5.0
                                                                               
Above data excludes Air Taxi passengers and Air Taxi movements.                
                                                                               
* compared to the month of July 2002                                           
                                                                               
** compared to the four months April to July 2002                              
                                                                               
*** compared to the twelve months to July 2002                                 


Market Comparison: July 2003                                               
                                                                           
                          BAA Total                BAA Total               
                                                                           
Market                               July 02         July 03               
                                                                           
                                      (000s)          (000s)       % Change
                                                                           
Domestic                               2,279           2,321            1.9
                                                                           
Eire                                     623             603           -3.1
                                                                           
European Scheduled                     4,691           5,016            6.9
                                                                           
European Charter*                      1,839           1,790           -2.7
                                                                           
North Atlantic                         1,811           1,759           -2.9
                                                                           
Other Long Haul                        1,640           1,670            1.9
                                                                           
Total                                 12,881          13,159            2.2

* includes North African Charter

Note: Origins and destinations are classified according to ultimate origin or
destination of aircraft in the case of multi sector flights

Note: Figures for the market sectors have been rounded. Totals as per Traffic
Summary.



END