International Cons Airlines Group IAG Traffic & Capacity Statistics - September 2016 (7931L)

TIDMIAG

RNS Number : 7931L

International Cons Airlines Group

05 October 2016

SEPTEMBER 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

-- Group traffic in September, measured in Revenue Passenger Kilometres, increased by 4.8 per cent versus September 2015; Group capacity measured in Available Seat Kilometres rose by 5.6 per cent.

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

5 October 2016

STRATEGIC DEVELOPMENTS

On 28 September, IAG announced a joint business agreement between British Airways and Qatar Airways which will start on October 30, 2016. It includes a revenue-sharing agreement between London and Doha and the joint business will allow the airlines to cooperate on scheduling and pricing. They will also codeshare on all non-stop flights operated between the UK and Doha and connecting services to destinations in the UK, continental Europe, Middle East, Asia and Africa. This will include British Airways' daily direct flights from London Heathrow to Doha.

On 29 September, British Airways announced that it is partnering with another great British brand - Marks & Spencer - to offer customers on short-haul flights the option to purchase a premium food range on board. The new British Airways menu, which will replace the airline's current complimentary snacks, will be available in the economy cabin on short-haul and domestic flights from 2017. Additionally, customers will be able to pay with Avios via the BA app or with their Executive Club card.

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", "June", "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 September                    Year to Date 
                         2016    2015    Change     2016    2015(4)    Change  Pro-forma(2) 
                       ------  ------  --------  -------  ---------  --------  ------------ 
 
Passengers Carried 
 ('000s)                9,632   9,114      5.7%   77,525     66,202     17.1%          6.8% 
  Domestic(3)           2,196   2,085      5.3%   17,398     16,193      7.4%          5.7% 
  Europe                5,357   5,022      6.7%   42,475     33,690     26.1%          9.2% 
  North America         1,010     961      5.1%    8,258      7,156     15.4%          2.4% 
  Latin America 
   & Caribbean            395     398     -0.8%    3,587      3,483      3.0% 
  Africa, Middle 
   East & S,Asia          485     473      2.5%    4,153      4,181     -0.7% 
  Asia Pacific            189     175      8.0%    1,654      1,499     10.3% 
 
Revenue Passenger 
 Km (m)                22,380  21,351      4.8%  185,726    166,147     11.8%          4.9% 
  Domestic              1,502   1,400      7.3%   12,025     10,857     10.8%          9.3% 
  Europe                6,523   6,079      7.3%   50,290     40,288     24.8%          9.3% 
  North America         6,659   6,333      5.1%   54,664     48,112     13.6%          3.0% 
  Latin America 
   & Caribbean          3,340   3,350     -0.3%   30,045     29,359      2.3% 
  Africa, Middle 
   East & S,Asia        2,472   2,455      0.7%   22,237     22,676     -1.9% 
  Asia Pacific          1,884   1,734      8.7%   16,465     14,855     10.8% 
 
Available Seat 
 Km (m)                26,615  25,211      5.6%  226,356    203,381     11.3%          4.4% 
  Domestic              1,780   1,700      4.7%   14,849     13,921      6.7%          5.1% 
  Europe                7,860   7,320      7.4%   62,505     50,588     23.6%          8.0% 
  North America         7,756   7,219      7.4%   65,505     57,257     14.4%          3.7% 
  Latin America 
   & Caribbean          3,939   3,920      0.5%   35,926     35,091      2.4% 
  Africa, Middle 
   East & S,Asia        3,022   3,030     -0.3%   27,737     28,841     -3.8% 
  Asia Pacific          2,258   2,022     11.7%   19,834     17,683     12.2% 
 
Passenger Load                             -0.6                          +0.4          +0.4 
 Factor (%)              84.1    84.7       pts     82.1       81.7       pts           pts 
                                           +2.0                          +3.0          +3.2 
  Domestic               84.4    82.4       pts     81.0       78.0       pts           pts 
                                           +0.0                          +0.9          +0.9 
  Europe                 83.0    83.0       pts     80.5       79.6       pts           pts 
                                           -1.8                          -0.5          -0.6 
  North America          85.9    87.7       pts     83.5       84.0       pts           pts 
  Latin America                            -0.7                          -0.1 
   & Caribbean           84.8    85.5       pts     83.6       83.7       pts 
  Africa, Middle                           +0.8                          +1.6 
   East & S,Asia         81.8    81.0       pts     80.2       78.6       pts 
                                           -2.4                          -1.0 
  Asia Pacific           83.4    85.8       pts     83.0       84.0       pts 
 
Cargo Tonne Km 
 (m) 
  Cargo CTK               448     419      6.9%    3,986      3,871      3.0%          0.5% 
 
 
  Performance by 
  Airline                 Month of September                    Year to Date 
 
 
    VUELING              2016    2015    Change     2016    2015(4)    Change  Pro-forma(2) 
                       ------  ------  --------  -------  ---------  --------  ------------ 
  Revenue Passenger 
   Km (m)               2,986   2,743      8.9%   22,148     19,511     13.5% 
  Available Seat 
   Km (m)               3,522   3,250      8.4%   26,569     23,979     10.8% 
  Cargo Tonne Km 
   (m)                      0       0       n/a        0          0       n/a 
 
 
    AER LINGUS 
  Revenue Passenger 
   Km (m)               1,982   1,780     11.3%   14,719      2,701       n/a          8.3% 
  Available Seat 
   Km (m)               2,336   2,066     13.1%   17,879      3,099       n/a          8.4% 
  Cargo Tonne Km 
   (m)                     10      12    -16.7%       92         18       n/a        -17.9% 
 
    IBERIA 
  Revenue Passenger 
   Km (m)               4,591   4,393      4.5%   38,679     36,575      5.8% 
  Available Seat 
   Km (m)               5,455   5,208      4.7%   47,030     44,888      4.8% 
  Cargo Tonne Km 
   (m)                     90      79     13.9%      783        747      4.8% 
 
    BRITISH AIRWAYS 
  Revenue Passenger 
   Km (m)              12,821  12,435      3.1%  110,180    107,360      2.6% 
  Available Seat 
   Km (m)              15,302  14,687      4.2%  134,878    131,415      2.6% 
  Cargo Tonne Km 
   (m)                    348     328      6.1%    3,111      3,106      0.2% 
 

(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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October 05, 2016 10:00 ET (14:00 GMT)