Source - RNS
RNS Number : 9874I
International Cons Airlines Group
05 September 2016
 

 

 

 

AUGUST 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

 

§ Group traffic in August, measured in Revenue Passenger Kilometres, increased by 7.9 per cent versus August 2015 (up 2.7 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 9.0 per cent (up 3.9 per cent on a pro-forma basis).

§ Group premium traffic for the month of August increased by 3.4 per cent on a pro-forma basis.

 

5 September 2016

 

 

 

STRATEGIC DEVELOPMENTS

On 16 August, Japan's Ministry of Land, Infrastructure, Transport and Tourism granted an extension of anti-trust immunity to enable Iberia to join the existing joint business between Japan Airlines, British Airways and Finnair. This will allow the four airlines to cooperate commercially on flights between Europe and Japan. Iberia is expected to join from October 18, 2016 when it will start its non-stop services between Madrid and Tokyo.

 

On 17 August, Vueling and Qatar Airways launched a codeshare agreement which allows seamless connectivity via the airlines' common gateways of Barcelona El Prat and Rome Fiumicino. The agreement links Vueling's European network with Qatar Airways' global network of more than 150 destinations. This codeshare agreement builds upon the interline agreement signed between the two carriers in October 2014.

 

On 19 August, British Airways announced a codeshare agreement with Shanghai-based carrier, China Eastern Airlines. British Airways will gain access to the domestic Chinese market as it will start selling flights to Kunming, Xi'an, Nanjing, Hangzhou and Chongqing on a BA flight code. China Eastern Airlines will sell British Airways flights to Aberdeen, Belfast City, Edinburgh, Glasgow, Leeds Bradford, Manchester and Newcastle on their MU flight code.

 

 

 

 

 

 

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 Performance1

 

Month of August

 

Year to Date


2016

20155

Change

Pro-forma2


2016

20155

Change

Pro-forma3











Passengers Carried ('000s)

10,572

9,621

9.9%

3.1%


67,893

57,088

18.9%

7.0%

Domestic4

2,208

2,188

0.9%

-0.1%


15,202

14,108

7.8%

5.8%

Europe

6,122

5,296

15.6%

5.4%


37,118

28,668

29.5%

9.6%

North America

1,067

965

10.6%

0.6%


7,248

6,195

17.0%

2.1%

Latin America & Caribbean

438

425

3.1%



3,192

3,085

3.5%


Africa, Middle East & S,Asia

534

554

-3.6%



3,668

3,708

-1.1%


Asia Pacific

203

193

5.2%



1,465

1,324

10.6%












Revenue Passenger Km (m)

24,480

22,691

7.9%

2.7%


163,346

144,796

12.8%

4.9%

Domestic

1,574

1,541

2.1%

1.4%


10,523

9,457

11.3%

9.6%

Europe

7,520

6,555

14.7%

4.9%


43,767

34,209

27.9%

9.6%

North America

7,038

6,414

9.7%

1.4%


48,005

41,779

14.9%

2.7%

Latin America & Caribbean

3,660

3,523

3.9%



26,705

26,009

2.7%


Africa, Middle East & S,Asia

2,671

2,743

-2.6%



19,765

20,221

-2.3%


Asia Pacific

2,017

1,915

5.3%



14,581

13,121

11.1%












Available Seat Km (m)

28,509

26,162

9.0%

3.9%


199,741

178,170

12.1%

4.3%

Domestic

1,859

1,854

0.3%

-0.5%


13,069

12,221

6.9%

5.1%

Europe

8,825

7,669

15.1%

5.6%


54,645

43,268

26.3%

8.1%

North America

8,097

7,158

13.1%

4.9%


57,749

50,038

15.4%

3.3%

Latin America & Caribbean

4,259

4,107

3.7%



31,987

31,171

2.6%


Africa, Middle East & S,Asia

3,131

3,244

-3.5%



24,715

25,811

-4.2%


Asia Pacific

2,338

2,130

9.8%



17,576

15,661

12.2%












Passenger Load Factor (%)

85.9

86.7

-0.8 pts

-1.0 pts


81.8

81.3

+0.5 pts

+0.5 pts

Domestic

84.7

83.1

+1.6 pts

+1.6 pts


80.5

77.4

+3.1 pts

+3.3 pts

Europe

85.2

85.5

-0.3 pts

-0.5 pts


80.1

79.1

+1.0 pts

+1.0 pts

North America

86.9

89.6

-2.7 pts

-3.1 pts


83.1

83.5

-0.4 pts

-0.5 pts

Latin America & Caribbean

85.9

85.8

+0.1 pts



83.5

83.4

+0.1 pts


Africa, Middle East & S,Asia

85.3

84.6

+0.7 pts



80.0

78.3

+1.7 pts


Asia Pacific

86.3

89.9

-3.6 pts



83.0

83.8

-0.8 pts












Cargo Tonne Km (m)










Cargo CTK

437

423

3.3%

1.6%


3,538

3,452

2.5%

-0.2%











 

Performance by Airline

Month of August


Year to Date

 

 

VUELING

 

2016

 

20155

 

Change

Pro-forma


 

2016

 

20155

 

Change

Pro-forma

Revenue Passenger Km (m)

3,540

3,418

3.6%



19,162

16,768

14.3%


Available Seat Km (m)

4,051

3,921

3.3%



23,047

20,729

11.2%


Cargo Tonne Km (m)

0

0

n/a



0

0

n/a


 

 

AER LINGUS

 










Revenue Passenger Km (m)

2,156

921

n/a

3.9%


12,737

921

n/a

7.8%

Available Seat Km (m)

2,437

1,033

n/a

6.1%


15,543

1,033

n/a

7.7%

Cargo Tonne Km (m)

9

6

n/a

-30.8%


82

6

n/a

-18.0%

 

IBERIA










Revenue Passenger Km (m)

5,118

4,949

3.4%



34,088

32,182

5.9%


Available Seat Km (m)

6,010

5,801

3.6%



41,575

39,680

4.8%


Cargo Tonne Km (m)

83

84

-1.2%



693

668

3.7%


 

BRITISH AIRWAYS










Revenue Passenger Km (m)

13,666

13,403

2.0%



97,359

94,925

2.6%


Available Seat Km (m)

16,011

15,407

3.9%



119,576

116,728

2.4%


Cargo Tonne Km (m)

345

333

3.6%



2,763

2,778

-0.5%


 

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

2 Monthly pro-forma includes Aer Lingus in the base

3 Year to Date pro-forma includes Aer Lingus in the base

4 Domestic includes routes within UK, Spain, Ireland and Italy

5 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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