REG - Intl Con Airline Grp - IAG Traffic & Capacity Statistics - August 2016 <Origin Href="QuoteRef">ICAG.L</Origin>

International Consolidated Airlines SAAnnouncement

05/09/2016 15:05

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%

1Group 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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