REG - Intl Con Airline Grp - IAG Traffic and Capacity Statistics: October 2018

International Consolidated Airlines SAAnnouncement

06/11/2018 15:05

RNS Number : 5256G
International Cons Airlines Group
06 November 2018
 


 
OCTOBER 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS
 
Group traffic in October, measured in Revenue Passenger Kilometres, increased by 6.6 per cent versus October 2017; Group capacity measured in Available Seat Kilometres rose by 6.7 per cent.
6 November 2018
 

 

 
STRATEGIC DEVELOPMENTS
On 1 November, IAG was granted investment grade status by credit agencies Moody's (Baa3) and S&P Global (BBB-). This reflects the continuing strength of IAG's business and provides a solid platform to deliver the Group's financial targets. It also provides access to a broader range of funding alternatives at a lower cost.
 
On 18 October, British Airways announced that it will operate a twice-weekly summer service from Heathrow to Charleston from April 4, 2019. The airline will be the only carrier flying direct between Europe and the South Carolina city. The new route will take the number of US destinations British Airways flies to from London next summer up to 29, while daily flights offered by BA and American Airlines as part of their transatlantic joint business will increase to around 73 per day.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
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 October


 


Year to Date




 
 


2018


2017


Change


 






2018


2017


Change


 














































Passengers Carried ('000s)


10,028


9,296


7.9%










96,269


89,361


7.7%








Domestic2


2,384


2,165


10.1%










22,523


20,563


9.5%








Europe


5,359


5,001


7.2%










52,205


48,466


7.7%








North America


1,123


1,038


8.2%










10,285


9,532


7.9%








Latin America & Caribbean


468


416


12.5%










4,386


4,055


8.2%








Africa, Middle East & S,Asia


488


481


1.5%










4,952


4,840


2.3%








Asia Pacific


206


195


5.6%










1,918


1,905


0.7%


















































Revenue Passenger Km (m)


23,831


22,348


6.6%










228,876


214,089


6.9%








Domestic


1,707


1,524


12.0%










15,971


14,294


11.7%








Europe


6,227


5,863


6.2%










61,491


57,011


7.9%








North America


7,417


6,870


8.0%










68,364


63,192


8.2%








Latin America & Caribbean


3,910


3,565


9.7%










37,420


34,588


8.2%








Africa, Middle East & S,Asia


2,596


2,559


1.4%










26,543


25,854


2.7%








Asia Pacific


1,974


1,967


0.4%










19,086


19,150


-0.3%


















































Available Seat Km (m)


28,592


26,803


6.7%










272,935


258,220


5.7%








Domestic


1,995


1,799


10.9%










18,691


17,127


9.1%








Europe


7,563


7,055


7.2%










73,207


68,948


6.2%








North America


8,834


8,192


7.8%










82,630


76,600


7.9%








Latin America & Caribbean


4,729


4,206


12.4%










43,841


40,996


6.9%








Africa, Middle East & S,Asia


3,151


3,240


-2.7%










32,179


32,035


0.4%








Asia Pacific


2,320


2,311


0.4%










22,388


22,514


-0.6%


















































Passenger Load Factor (%)


83.3


83.4


-0.1 pts










83.9


82.9


+1.0 pts








Domestic


85.6


84.7


+0.9 pts










85.4


83.5


+1.9 pts








Europe


82.3


83.1


-0.8 pts










84.0


82.7


+1.3 pts








North America


84.0


83.9


+0.1 pts










82.7


82.5


+0.2 pts








Latin America & Caribbean


82.7


84.8


-2.1 pts










85.4


84.4


+1.0 pts








Africa, Middle East & S,Asia


82.4


79.0


+3.4 pts










82.5


80.7


+1.8 pts








Asia Pacific


85.1


85.1


+0.0 pts










85.3


85.1


+0.2 pts


















































Cargo Tonne Km (m)








































Cargo CTK


517


527


-1.9%










4,707


4,747


-0.8%

















































 



Performance by Airline


Month of October






Year to Date


 




 
 
 


2018


2017


 
Change










2018


2017


 
Change








AER LINGUS








































Revenue Passenger Km (m)


2,153


1,968


9.4%










20,200


18,462


9.4%








Available Seat Km (m)


2,668


2,421


10.2%










24,611


22,560


9.1%








Passenger load factor (%)


80.7


81.3


-0.6 pts










82.1


81.8


+0.3 pts








Cargo Tonne Km (m)


19


14


35.7%










134


124


8.2%








     BRITISH AIRWAYS 3








































Revenue Passenger Km (m)


13,162


12,863


2.3%










128,445


124,201


3.4%








Available Seat Km (m)


15,865


15,606


1.7%










155,061


151,366


2.4%








Passenger load factor (%)


83.0


82.4


+0.6 pts










82.8


82.1


+0.7 pts








Cargo Tonne Km (m)


391


403


-3.0%










3,644


3,717


-2.0%








IBERIA 4








































Revenue Passenger Km (m)


5,397


4,904


10.1%










51,329


46,187


11.1%








Available Seat Km (m)


6,298


5,693


10.6%










59,563


54,771


8.7%








Passenger load factor (%)


85.7


86.1


-0.4 pts










86.2


84.3


+1.9 pts








Cargo Tonne Km (m)


107


110


-2.7%










927


906


2.3%








   VUELING








































Revenue Passenger Km (m)


2,862


2,613


9.5%










27,718


25,239


9.8%








Available Seat Km (m)


3,401


3,083


10.3%










32,173


29,523


9.0%








Passenger load factor (%)


84.2


84.8


-0.6 pts










86.2


85.5


+0.7 pts








Cargo Tonne Km (m)


0


0


        n/a










0


0


        n/a




















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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