International Cons Airlines Group IAG Traffic & Capacity Statistics - December 2016 (7083T)

TIDMIAG

RNS Number : 7083T

International Cons Airlines Group

09 January 2017

DECEMBER 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

-- Group traffic in December, measured in Revenue Passenger Kilometres, increased by 3.9 per cent versus December 2015; Group capacity measured in Available Seat Kilometres rose by 3.1 per cent.

-- Group premium traffic for the month of December increased by 8.4 per cent compared to the previous year.

-- The Group's airlines carried more than 100 million passengers during 2016. The total number of passengers was 100,675,056.

9 January 2017

STRATEGIC DEVELOPMENTS

On 22 December, IAG announced that it plans to set up a next generation longhaul operation in Barcelona from June 2017 using two A330 aircraft. Destinations being considered include Los Angeles, San Francisco, Buenos Aires, Santiago de Chile, Havana and Tokyo. Options for the new operation include setting up a new airline or consider using existing resources from IAG's airlines. No final decision has yet been made.

Iberia and its subsidiary Iberia Express were the world's most punctual airlines in 2016 according to the latest ranking published by FlightStats. Iberia topped the ranking for major global airlines with 89.64 per cent of flights on time while Iberia Express achieved 96.34 per cent punctuality, the highest score among low cost carriers. Iberia's improvement in operational performance has been a key aspect of its restructuring.

This announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.

Enrique Dupuy, Chief Financial Officer, (responsible for arranging the release of this announcement).

Forward-looking statements:

Certain statements included in this report are forward-looking and involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied by such forward-looking statements.

Forward-looking statements can typically be identified by the use of forward-looking terminology, such as "expects", "may", "will", "could", "should", "intends", "plans", "predicts", "envisages" or "anticipates" and include, without limitation, any projections relating to results of operations and financial conditions of International Consolidated Airlines Group S.A. and its subsidiary undertakings from time to time (the 'Group'), as well as plans and objectives for future operations, expected future revenues, financing plans, expected expenditures and divestments relating to the Group and discussions of the Group's Business plan. All forward-looking statements in this report are based upon information known to the Group on the date of this report. The Group undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

It is not reasonably possible to itemise all of the many factors and specific events that could cause the forward-looking statements in this report to be incorrect or that could otherwise have a material adverse effect on the future operations or results of an airline operating in the global economy. Further information on the primary risks of the business and the risk management process of the Group is given in the Annual Report and Accounts 2015; these documents are available on www.iagshares.com.

 
 Group Performance(1)     Month of December                     Year to Date 
                         2016    2015    Change     2016    2015(4)    Change  Pro-forma(2) 
                       ------  ------  --------  -------  ---------  --------  ------------ 
 
Passengers Carried 
 ('000s)                7,065   6,735      4.9%  100,675     88,333     14.0%          6.3% 
  Domestic(3)           1,608   1,603      0.3%   22,718     21,390      6.2%          4.9% 
  Europe                3,583   3,304      8.4%   54,567     44,987     21.3%          8.7% 
  North America           836     796      5.0%   10,933      9,730     12.4%          2.8% 
  Latin America 
   & Caribbean            386     403     -4.2%    4,738      4,668      1.5% 
  Africa, Middle 
   East & S,Asia          480     471      1.9%    5,522      5,558     -0.6% 
  Asia Pacific            172     158      8.9%    2,197      2,000      9.9% 
 
Revenue Passenger 
 Km (m)                18,241  17,553      3.9%  243,474    221,996      9.7%          4.5% 
  Domestic              1,142   1,108      3.1%   15,761     14,413      9.4%          8.3% 
  Europe                3,955   3,652      8.3%   64,040     53,104     20.6%          8.8% 
  North America         5,453   5,203      4.8%   72,161     64,966     11.1%          3.2% 
  Latin America 
   & Caribbean          3,220   3,342     -3.7%   39,673     39,260      1.1% 
  Africa, Middle 
   East & S,Asia        2,729   2,665      2.4%   29,922     30,396     -1.6% 
  Asia Pacific          1,742   1,583     10.0%   21,917     19,857     10.4% 
 
Available Seat 
 Km (m)                23,030  22,328      3.1%  298,431    272,702      9.4%          4.3% 
  Domestic              1,420   1,435     -1.0%   19,397     18,437      5.2%          4.0% 
  Europe                5,189   5,008      3.6%   80,101     67,169     19.3%          7.6% 
  North America         6,840   6,395      7.0%   86,992     77,315     12.5%          4.6% 
  Latin America 
   & Caribbean          3,949   4,119     -4.1%   47,747     47,251      1.0% 
  Africa, Middle 
   East & S,Asia        3,473   3,350      3.7%   37,615     38,659     -2.7% 
  Asia Pacific          2,159   2,021      6.8%   26,579     23,871     11.3% 
 
Passenger Load                             +0.6                          +0.2          +0.2 
 Factor (%)              79.2    78.6       pts     81.6       81.4       pts           pts 
                                           +3.2                          +3.1          +3.2 
  Domestic               80.4    77.2       pts     81.3       78.2       pts           pts 
                                           +3.3                          +0.8          +0.8 
  Europe                 76.2    72.9       pts     79.9       79.1       pts           pts 
                                           -1.7                          -1.0          -1.1 
  North America          79.7    81.4       pts     83.0       84.0       pts           pts 
  Latin America                            +0.4                          +0.0 
   & Caribbean           81.5    81.1       pts     83.1       83.1       pts 
  Africa, Middle                           -1.0                          +0.9 
   East & S,Asia         78.6    79.6       pts     79.5       78.6       pts 
                                           +2.4                          -0.7 
  Asia Pacific           80.7    78.3       pts     82.5       83.2       pts 
 
Cargo Tonne Km 
 (m) 
  Cargo CTK               480     464      3.4%    5,454      5,293      3.0%          1.2% 
 
 
  Performance by 
  Airline                 Month of December                     Year to Date 
 
 
    VUELING              2016    2015    Change     2016    2015(4)    Change  Pro-forma(2) 
                       ------  ------  --------  -------  ---------  --------  ------------ 
  Revenue Passenger 
   Km (m)               1,686   1,490     13.2%   28,046     24,775     13.2% 
  Available Seat 
   Km (m)               2,147   1,903     12.8%   33,884     30,476     11.2% 
  Cargo Tonne Km 
   (m)                      0       0       n/a        0          0       n/a 
 
 
    AER LINGUS 
  Revenue Passenger 
   Km (m)               1,276   1,142     11.7%   19,194      6,641       n/a          9.5% 
  Available Seat 
   Km (m)               1,703   1,533     11.1%   23,533      8,080       n/a          9.6% 
  Cargo Tonne Km 
   (m)                     12      13     -7.7%      127         56       n/a        -15.3% 
 
    IBERIA 
  Revenue Passenger 
   Km (m)               4,046   3,896      3.9%   51,064     48,564      5.1% 
  Available Seat 
   Km (m)               4,997   4,950      0.9%   62,282     59,872      4.0% 
  Cargo Tonne Km 
   (m)                    103     103      0.0%    1,094      1,057      3.5% 
 
   BRITISH AIRWAYS 
  Revenue Passenger 
   Km (m)              11,233  11,025      1.9%  145,170    142,016      2.2% 
  Available Seat 
   Km (m)              14,183  13,942      1.7%  178,732    174,274      2.6% 
  Cargo Tonne Km 
   (m)                    365     348      4.9%    4,233      4,180      1.3% 
 

(1) Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic

(2) Year to Date pro-forma includes Aer Lingus in the base

(3) Domestic includes routes within UK, Spain, Ireland and Italy

(4) 2015 figures include Aer Lingus from the acquisition date of August 18, 2015

This information is provided by RNS

The company news service from the London Stock Exchange

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January 09, 2017 10:01 ET (15:01 GMT)