REG - Intl Con Airline Grp - IAG traffic and capacity statistics September 2019

International Consolidated Airlines SAAnnouncement

07/10/2019 12:10

RNS Number : 0037P
International Cons Airlines Group
07 October 2019
 


 
 



IAG traffic and capacity statistics - September 2019


7 October 2019



 
IAG traffic in September, measured in revenue passenger kilometres, increased by 0.8 per cent versus the same period last year; IAG capacity measured in available seat kilometres was flat versus the same period last year.



Group performance


Month of September






Year to date








2019


2018


yoy






2019


2018


yoy






































Passengers carried ('000s)


10,639


10,575


0.6%






90,448


86,241


4.9%




Domestic


2,615


2,465


6.1%






21,442


20,139


6.5%




Europe


5,755


5,869


-1.9%






48,309


46,846


3.1%




North America


1,089


1,104


-1.4%






9,536


9,162


4.1%




Latin America & Caribbean


514


451


14.0%






4,704


3,918


20.1%




Africa, Middle East & S,Asia


470


484


-2.9%






4,586


4,464


2.7%




Asia Pacific


196


202


-3.0%






1,871


1,712


9.3%






































Revenue passenger km (m)


24,642


24,448


0.8%






216,607


205,044


5.6%




Domestic


1,948


1,755


11.0%






15,691


14,264


10.0%




Europe


6,954


7,142


-2.6%






56,535


55,264


2.3%




North America


7,153


7,323


-2.3%






62,945


60,947


3.3%




Latin America & Caribbean


4,374


3,807


14.9%






39,040


33,510


16.5%




Africa, Middle East & S,Asia


2,335


2,487


-6.1%






24,466


23,947


2.2%




Asia Pacific


1,878


1,934


-2.9%






17,930


17,112


4.8%






































Available seat km (m)


28,904


28,899


0.0%






255,749


244,344


4.7%




Domestic


2,173


2,002


8.5%






17,878


16,696


7.1%




Europe


8,094


8,362


-3.2%






67,476


65,644


2.8%




North America


8,445


8,854


-4.6%






74,923


73,796


1.5%




Latin America & Caribbean


5,053


4,496


12.4%






45,097


39,112


15.3%




Africa, Middle East & S,Asia


2,911


2,961


-1.7%






29,433


29,028


1.4%




Asia Pacific


2,228


2,224


0.2%






20,942


20,068


4.4%






































Passenger load factor (%)


85.3


84.6


+0.7 pts






84.7


83.9


+0.8 pts




Domestic


89.6


87.7


+1.9 pts






87.8


85.4


+2.4 pts




Europe


85.9


85.4


+0.5 pts






83.8


84.2


-0.4 pts




North America


84.7


82.7


+2.0 pts






84.0


82.6


+1.4 pts




Latin America & Caribbean


86.6


84.7


+1.9 pts






86.6


85.7


+0.9 pts




Africa, Middle East & S,Asia


80.2


84.0


-3.8 pts






83.1


82.5


+0.6 pts




Asia Pacific


84.3


87.0


-2.7 pts






85.6


85.3


+0.3 pts






































Cargo tonne km (m)


441


485


-9.1%






4,150


4,190


-1.0%





































* Domestic includes routes within UK, Spain and Italy
* Group figures include Openskies in 2018
 
 
Strategic developments
 
On 26 September IAG updated its full year 2019 operating profit guidance. At current fuel prices and exchange rates, it expects 2019 operating profit before exceptional items to be €215 million lower than 2018 pro forma (€3,485 million).
 
In September, BALPA (British Airways' main pilots' union) strike action scheduled initially for 9, 10 and 27 September led to 2,325 British Airways flight cancellations. The net financial impact of industrial action by BALPA is estimated to be €137 million due to flight cancellations and flexible commercial policies enabling customers to re-book or receive a refund. Additional disruption affecting British Airways in the quarter, including threatened strikes by Heathrow Airport employees, had a further net financial impact of €33 million. The latest booking trends in IAG's low cost segments (primarily Vueling and LEVEL) will have an adverse financial impact of €45 million for the year.
 
Capacity growth for 2019 has also been updated. In the third quarter, capacity grew by 2.8 per cent, compared with 5.2 per cent planned previously. For the fourth quarter it is now expected to be about 2 per cent, which is 1.2 points below previous guidance, and full year capacity growth is expected to be about 4 per cent, compared with 5 per cent previously.
 
 
 



Performance by airline


Month of September






Year to date








2019


2018


yoy






2019


2018


yoy






































Aer Lingus
































Passengers carried ('000s)


1,094


1,086


0.7%






9,041


8,774


3.0%




Revenue passenger km (m)


2,446


2,364


3.5%






19,033


18,047


5.5%




Available seat km (m)


2,891


2,804


3.1%






23,123


21,943


5.4%




Passenger load factor (%)


84.6


84.3


+0.3 pts






82.3


82.2


+0.1 pts




Cargo tonne km (m)


14


15


-6.7%






124


115


7.8%






































British Airways
































Passengers carried ('000s)


3,854


4,192


-8.1%






36,157


35,715


1.2%




Revenue passenger km (m)


12,289


13,128


-6.4%






117,434


115,283


1.9%




Available seat km (m)


14,836


15,752


-5.8%






140,614


139,196


1.0%




Passenger load factor (%)


82.8


83.3


-0.5 pts






83.5


82.8


+0.7 pts




Cargo tonne km (m)


320


370


-13.5%






3,156


3,254


-3.0%






































Iberia
































Passengers carried ('000s)


2,013


1,879


7.1%






16,902


15,751


7.3%




Revenue passenger km (m)


5,760


5,218


10.4%






48,400


43,763


10.6%




Available seat km (m)


6,533


6,030


8.3%






55,357


50,893


8.8%




Passenger load factor (%)


88.2


86.5


+1.7 pts






87.4


86.0


+1.4 pts




Cargo tonne km (m)


105


99


6.1%






861


816


5.5%






































LEVEL
































Passengers carried ('000s)


178


163


9.2%






1,347


507


165.7%




Revenue passenger km (m)


763


542


40.8%






5,685


2,716


109.3%




Available seat km (m)


875


641


36.5%






6,806


3,084


120.7%




Passenger load factor (%)


87.2


84.6


+2.6 pts






83.5


88.1


-4.6 pts




Cargo tonne km (m)


2


1


100.0%






9


3


200.0%






































Vueling
































Passengers carried ('000s)


3,500


3,255


7.5%






27,001


25,426


6.2%




Revenue passenger km (m)


3,384


3,195


5.9%






26,055


24,856


4.8%




Available seat km (m)


3,769


3,670


2.7%






29,849


28,772


3.7%




Passenger load factor (%)


89.8


87.1


+2.7 pts






87.3


86.4


+0.9 pts




Cargo tonne km (m)


n/a


n/a


n/a






n/a


n/a


n/a







































































* British Airways includes BA CityFlyer; Iberia includes Iberia Express; LEVEL includes Spain, France and Austria
* British Airways figures exclude Openskies in 2018
 
 
 
 
 
 
 
 
 
 
 
 
 
investor.relations@iairgroup.com                                                                                                                                                  www.iagshares.com
 
 
 
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. Steve Gunning, Chief Financial Officer




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