The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F COVER PAGE

OMB APPROVAL
OMB Number: 3235-0006
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hours per response: 23.8

Report for the Calendar Year or Quarter Ended: 09-30-2021
Check here if Amendment    Amendment Number:
This Amendment (Check only one.):    is a restatement.
   adds new holdings entries.
Institutional Investment Manager Filing this Report:
Name: British Airways Pensions Investment Management Ltd
Address: MET BUILDING
22 PERCY STREET
LONDON, X0  W1T2BU
Form 13F File Number: 028-16836

The institutional investment manager filing this report and the person by whom it is signed hereby represent that the person signing the report is authorized to submit it, that all information contained herein is true, correct and complete, and that it is understood that all required items, statements, schedules, lists, and tables, are considered integral parts of this form.

Person Signing this Report on Behalf of Reporting Manager:
Name: Stephen Taylor
Title: Head of Portfolio Analytics
Phone: 00447920530608
Signature, Place, and Date of Signing:
S Taylor LondonX0 10-06-2021
[Signature] [City, State] [Date]
The Trustees of the British Airways Pensions outsourced their investment mandate to BlackRock Investment Management (UK) Limited the UK arm of a US headquartered global asset manager. Accordingly, as at the Q2, 2021 end date of 30 June 2021 British Airways Pensions Management Limited (historically the "in-house" investment manager) no longer managed any of the pension assets and had no positions or values to disclose under 13F and the qualifying positions of the BA Pensions portfolios would be included in the broader filing made by BlackRock.
Report Type (Check only one.):
   13F HOLDINGS REPORT. (Check here if all holdings of this reporting manager are reported in this report.)
X 13F NOTICE. (Check here if no holdings reported are in this report, and all holdings are reported by other reporting manager(s).)
   13F COMBINATION REPORT. (Check here if a portion of the holdings for this reporting manager are reported in this report and a portion are reported by other reporting manager(s).)
List of Other Managers Reporting for this Manager:
[If there are no entries in this list, omit this section.]
Form 13F File Number Name
  NONE