REG - Intl Con Airline Grp - IAG Group Traffic And Capacity Statistics Nov 2018
RNS Number : 5633JInternational Cons Airlines Group05 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 Performance1
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%
Domestic2
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 (%)
80.7
80.7
+0.0 pts
83.6
82.7
+0.9 pts
Domestic
83.5
82.1
+1.4 pts
85.3
83.3
+2.0 pts
Europe
79.4
78.6
+0.8 pts
83.7
82.4
+1.3 pts
North America
81.0
81.7
-0.7 pts
82.6
82.4
+0.2 pts
Latin America & Caribbean
80.0
80.9
-0.9 pts
84.8
84.1
+0.7 pts
Africa, Middle East & S,Asia
80.5
79.6
+0.9 pts
82.3
80.6
+1.7 pts
Asia Pacific
83.0
82.5
+0.5 pts
85.0
84.8
+0.2 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 (m)
76.7
78.2
-1.5 pts
81.6
81.5
+0.1 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 (m)
80.6
80.3
+0.3 pts
82.6
81.9
+0.7 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 (m)
83.0
82.3
+0.7 pts
85.9
84.2
+1.7 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 (m)
81.6
80.9
+0.7 pts
85.8
85.1
+0.7 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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