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
END
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