International Cons Airlines Group IAG Traffic & Capacity Statistics - January 2017 (0242W)

TIDMIAG

RNS Number : 0242W

International Cons Airlines Group

03 February 2017

JANUARY 2017 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

-- Group traffic in January, measured in Revenue Passenger Kilometres, increased by 4.4 per cent versus January 2016; Group capacity measured in Available Seat Kilometres rose by 5.1 per cent.

-- Group premium traffic for the month of January increased by 6.9 per cent compared to the previous year.

3 February 2017

STRATEGIC DEVELOPMENTS

On 11 January, Iberia started selling tickets for its Premium Economy class which will be fitted on 37 long-haul aircraft. The new class will be available on Iberia flights between Madrid, Chicago and New York starting from May, Madrid-Miami from August and Madrid-Boston from September.

On 11 January, British Airways launched its Marks and Spencer Buy on Board product which enables customers to purchase high-quality food on shorthaul flights. In addition, the airline moved its Gatwick operations from the North to the South terminal. The facilities feature a new lounge, upgraded check-in area and easier access to public transport.

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 2016; these documents are available on www.iagshares.com.

 
 Group Performance(1)          Month of January 
                         2017    2016    Change 
                       ------  ------  -------- 
 
Passengers Carried 
 ('000s)                6,687   6,338      5.5% 
  Domestic(2)           1,524   1,445      5.5% 
  Europe                3,306   3,096      6.8% 
  North America           759     733      3.5% 
  Latin America 
   & Caribbean            415     423     -1.9% 
  Africa, Middle 
   East & S,Asia          492     475      3.6% 
  Asia Pacific            191     166     15.1% 
 
Revenue Passenger 
 Km (m)                18,058  17,292      4.4% 
  Domestic              1,087   1,031      5.4% 
  Europe                3,651   3,446      5.9% 
  North America         5,053   4,888      3.4% 
  Latin America 
   & Caribbean          3,505   3,547     -1.2% 
  Africa, Middle 
   East & S,Asia        2,837   2,704      4.9% 
  Asia Pacific          1,925   1,676     14.9% 
 
Available Seat 
 Km (m)                23,103  21,974      5.1% 
  Domestic              1,433   1,395      2.7% 
  Europe                5,014   4,933      1.6% 
  North America         6,710   6,185      8.5% 
  Latin America 
   & Caribbean          4,131   4,042      2.2% 
  Africa, Middle 
   East & S,Asia        3,540   3,380      4.7% 
  Asia Pacific          2,275   2,039     11.6% 
 
Passenger Load                             -0.5 
 Factor (%)              78.2    78.7       pts 
                                           +2.0 
  Domestic               75.9    73.9       pts 
                                           +2.9 
  Europe                 72.8    69.9       pts 
                                           -3.7 
  North America          75.3    79.0       pts 
  Latin America                            -3.0 
   & Caribbean           84.8    87.8       pts 
  Africa, Middle                           +0.1 
   East & S,Asia         80.1    80.0       pts 
                                           +2.4 
  Asia Pacific           84.6    82.2       pts 
 
Cargo Tonne Km 
 (m) 
  Cargo CTK               434     422      2.8% 
 
 
  Performance by 
  Airline                  Month of January 
 
 
    VUELING              2017    2016    Change 
                       ------  ------  -------- 
  Revenue Passenger 
   Km (m)               1,539   1,382     11.4% 
  Available Seat 
   Km (m)               1,987   1,825      8.9% 
  Cargo Tonne Km 
   (m)                      0       0       n/a 
 
 
    AER LINGUS 
  Revenue Passenger 
   Km (m)               1,068     951     12.3% 
  Available Seat 
   Km (m)               1,538   1,343     14.5% 
  Cargo Tonne Km 
   (m)                     10      10      0.0% 
 
    IBERIA 
  Revenue Passenger 
   Km (m)               3,985   3,901      2.2% 
  Available Seat 
   Km (m)               4,855   4,724      2.8% 
  Cargo Tonne Km 
   (m)                     76      82     -7.3% 
 
  BRITISH AIRWAYS 
  Revenue Passenger 
   Km (m)              11,466  11,058      3.7% 
  Available Seat 
   Km (m)              14,723  14,082      4.6% 
  Cargo Tonne Km 
   (m)                    348     330      5.5% 
 

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

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

This information is provided by RNS

The company news service from the London Stock Exchange

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February 03, 2017 10:00 ET (15:00 GMT)