International Cons Airlines Group IAG Group Traffic And Capacity Statistics Nov 2018 (5633J)

TIDMIAG

RNS Number : 5633J

International Cons Airlines Group

05 December 2018

NOVEMBER 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

Group traffic in November, measured in Revenue Passenger Kilometres, increased by 7.0 per cent versus November 2017; Group capacity measured in Available Seat Kilometres rose by 6.9 per cent.

5 December 2018

STRATEGIC DEVELOPMENTS

On 28 November, the UK government signed an open skies agreement with the US. It closely follows the Model US Open Skies Agreement and is a significant positive development which allows strong competition on transatlantic routes to continue. Also, the UK signed a similar air service arrangement with Canada. These agreements will replace the existing EU aviation arrangements with both countries after Brexit.

In November, Iberia launched new features to its New Distribution Capability (NDC) programme such as the Additional Price Points Product that provides a wider range of flight fares to travel agencies connected to any of its NDC channels. British Airways introduced this feature earlier in 2018. In addition, new services such as the option to change flights, book seats or request refunds are available through the IAG booking portal for both British Airways and Iberia.

Iberia has begun the implementation of its "LIFE Zero cabin waste" project to segregate and recycle waste on board its flights. The initiative is already in place on some of the airline's domestic and European services.

LEI: 959800TZHQRUSH1ESL13

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

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 November                   Year to Date 
                                2018    2017  Change     2018     2017  Change 
                              ------  ------  ------  -------  -------  ------ 
 
Passengers Carried 
 ('000s)                       8,357   7,798    7.2%  104,626   97,159    7.7% 
  Domestic(2)                  2,079   1,953    6.5%   24,602   22,516    9.3% 
  Europe                       4,197   3,903    7.5%   56,402   52,369    7.7% 
  North America                  930     880    5.7%   11,215   10,412    7.7% 
  Latin America & Caribbean      459     386   18.9%    4,845    4,441    9.1% 
  Africa, Middle East 
   & S,Asia                      496     495    0.2%    5,448    5,335    2.1% 
  Asia Pacific                   196     181    8.3%    2,114    2,086    1.3% 
 
Revenue Passenger Km 
 (m)                          20,728  19,372    7.0%  249,604  233,461    6.9% 
  Domestic                     1,503   1,365   10.1%   17,474   15,659   11.6% 
  Europe                       4,596   4,290    7.1%   66,087   61,301    7.8% 
  North America                6,111   5,775    5.8%   74,475   68,967    8.0% 
  Latin America & Caribbean    3,788   3,290   15.1%   41,208   37,878    8.8% 
  Africa, Middle East 
   & S,Asia                    2,853   2,821    1.1%   29,396   28,675    2.5% 
  Asia Pacific                 1,877   1,831    2.5%   20,963   20,981   -0.1% 
 
Available Seat Km (m)         25,680  24,016    6.9%  298,615  282,236    5.8% 
  Domestic                     1,801   1,663    8.3%   20,492   18,790    9.1% 
  Europe                       5,791   5,459    6.1%   78,998   74,407    6.2% 
  North America                7,547   7,066    6.8%   90,177   83,666    7.8% 
  Latin America & Caribbean    4,735   4,066   16.5%   48,576   45,062    7.8% 
  Africa, Middle East 
   & S,Asia                    3,545   3,542    0.1%   35,724   35,577    0.4% 
  Asia Pacific                 2,261   2,220    1.8%   24,649   24,734   -0.3% 
 
Passenger Load Factor                           +0.0                      +0.9 
 (%)                            80.7    80.7     pts     83.6     82.7     pts 
                                                +1.4                      +2.0 
  Domestic                      83.5    82.1     pts     85.3     83.3     pts 
                                                +0.8                      +1.3 
  Europe                        79.4    78.6     pts     83.7     82.4     pts 
                                                -0.7                      +0.2 
  North America                 81.0    81.7     pts     82.6     82.4     pts 
                                                -0.9                      +0.7 
  Latin America & Caribbean     80.0    80.9     pts     84.8     84.1     pts 
  Africa, Middle East                           +0.9                      +1.7 
   & S,Asia                     80.5    79.6     pts     82.3     80.6     pts 
                                                +0.5                      +0.2 
  Asia Pacific                  83.0    82.5     pts     85.0     84.8     pts 
 
Cargo Tonne Km (m) 
  Cargo CTK                      509     531   -4.1%    5,216    5,278   -1.2% 
 
 
 
Performance by Airline         Month of November                       Year to Date 
 
                             2018    2017      Change     2018     2017      Change 
                           ------  ------  ----------  -------  -------  ---------- 
  AER LINGUS                1,701   1,503       13.2%   21,901   19,965        9.7% 
  Revenue Passenger 
   Km (m)                   2,217   1,922       15.3%   26,828   24,482        9.6% 
  Available Seat Km                              -1.5                          +0.1 
   (m)                       76.7    78.2         pts     81.6     81.5         pts 
  Passenger load factor 
   (%)                         20      17       17.6%      154      141        9.6% 
  Cargo Tonne Km (m) 
     BRITISH AIRWAYS (3)   11,798  11,616        1.6%  140,243  135,817        3.3% 
  Revenue Passenger 
   Km (m)                  14,638  14,457        1.3%  169,699  165,823        2.3% 
  Available Seat Km                              +0.3                          +0.7 
   (m)                       80.6    80.3         pts     82.6     81.9         pts 
  Passenger load factor 
   (%)                        386     412       -6.3%    4,031    4,129       -2.4% 
  Cargo Tonne Km (m) 
  IBERIA (4)                4,919   4,302       14.3%   56,249   50,489       11.4% 
  Revenue Passenger 
   Km (m)                   5,926   5,225       13.4%   65,489   59,996        9.2% 
  Available Seat Km                              +0.7                          +1.7 
   (m)                       83.0    82.3         pts     85.9     84.2         pts 
  Passenger load factor 
   (%)                        103     102        1.0%    1,031    1,008        2.3% 
  Cargo Tonne Km (m) 
  VUELING                   2,121   1,951        8.7%   29,839   27,190        9.7% 
  Revenue Passenger 
   Km (m)                   2,598   2,412        7.7%   34,771   31,935        8.9% 
  Available Seat Km                              +0.7                          +0.7 
   (m)                       81.6    80.9         pts     85.8     85.1         pts 
  Passenger load factor 
   (%)                          0       0         n/a        0        0         n/a 
  Cargo Tonne Km (m)        1,701   1,503       13.2%   21,901   19,965        9.7% 
 
 

(1) Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express), LEVEL and Vueling

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

(3) British Airways figures exclude Openskies in 2018, but include Openskies in 2017

(4) Iberia figures include LEVEL Spain

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December 05, 2018 10:01 ET (15:01 GMT)