REG - Intl Con Airline Grp - IAG Traffic & Capacity Statistics - September 2016 <Origin Href="QuoteRef">ICAG.L</Origin>
RNS Number : 7931LInternational Cons Airlines Group05 October 2016SEPTEMBER 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS
Group traffic in September, measured in Revenue Passenger Kilometres, increased by 4.8 per cent versus September 2015; Group capacity measured in Available Seat Kilometres rose by 5.6 per cent.
Group premium traffic for the month of September increased by 8.4 per cent compared to the previous year.
5 October 2016
STRATEGIC DEVELOPMENTS
On 28 September, IAG announced a joint business agreement between British Airways and Qatar Airways which will start on October 30, 2016. It includes a revenue-sharing agreement between London and Doha and the joint business will allow the airlines to cooperate on scheduling and pricing. They will also codeshare on all non-stop flights operated between the UK and Doha and connecting services to destinations in the UK, continental Europe, Middle East, Asia and Africa. This will include British Airways' daily direct flights from London Heathrow to Doha.
On 29 September, British Airways announced that it is partnering with another great British brand - Marks & Spencer - to offer customers on short-haul flights the option to purchase a premium food range on board. The new British Airways menu, which will replace the airline's current complimentary snacks, will be available in the economy cabin on short-haul and domestic flights from 2017. Additionally, customers will be able to pay with Avios via the BA app or with their Executive Club card.
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 September
Year to Date
2016
2015
Change
2016
20154
Change
Pro-forma2
Passengers Carried ('000s)
9,632
9,114
5.7%
77,525
66,202
17.1%
6.8%
Domestic3
2,196
2,085
5.3%
17,398
16,193
7.4%
5.7%
Europe
5,357
5,022
6.7%
42,475
33,690
26.1%
9.2%
North America
1,010
961
5.1%
8,258
7,156
15.4%
2.4%
Latin America & Caribbean
395
398
-0.8%
3,587
3,483
3.0%
Africa, Middle East & S,Asia
485
473
2.5%
4,153
4,181
-0.7%
Asia Pacific
189
175
8.0%
1,654
1,499
10.3%
Revenue Passenger Km (m)
22,380
21,351
4.8%
185,726
166,147
11.8%
4.9%
Domestic
1,502
1,400
7.3%
12,025
10,857
10.8%
9.3%
Europe
6,523
6,079
7.3%
50,290
40,288
24.8%
9.3%
North America
6,659
6,333
5.1%
54,664
48,112
13.6%
3.0%
Latin America & Caribbean
3,340
3,350
-0.3%
30,045
29,359
2.3%
Africa, Middle East & S,Asia
2,472
2,455
0.7%
22,237
22,676
-1.9%
Asia Pacific
1,884
1,734
8.7%
16,465
14,855
10.8%
Available Seat Km (m)
26,615
25,211
5.6%
226,356
203,381
11.3%
4.4%
Domestic
1,780
1,700
4.7%
14,849
13,921
6.7%
5.1%
Europe
7,860
7,320
7.4%
62,505
50,588
23.6%
8.0%
North America
7,756
7,219
7.4%
65,505
57,257
14.4%
3.7%
Latin America & Caribbean
3,939
3,920
0.5%
35,926
35,091
2.4%
Africa, Middle East & S,Asia
3,022
3,030
-0.3%
27,737
28,841
-3.8%
Asia Pacific
2,258
2,022
11.7%
19,834
17,683
12.2%
Passenger Load Factor (%)
84.1
84.7
-0.6 pts
82.1
81.7
+0.4 pts
+0.4 pts
Domestic
84.4
82.4
+2.0 pts
81.0
78.0
+3.0 pts
+3.2 pts
Europe
83.0
83.0
+0.0 pts
80.5
79.6
+0.9 pts
+0.9 pts
North America
85.9
87.7
-1.8 pts
83.5
84.0
-0.5 pts
-0.6 pts
Latin America & Caribbean
84.8
85.5
-0.7 pts
83.6
83.7
-0.1 pts
Africa, Middle East & S,Asia
81.8
81.0
+0.8 pts
80.2
78.6
+1.6 pts
Asia Pacific
83.4
85.8
-2.4 pts
83.0
84.0
-1.0 pts
Cargo Tonne Km (m)
Cargo CTK
448
419
6.9%
3,986
3,871
3.0%
0.5%
Performance by Airline
Month of September
Year to Date
VUELING
2016
2015
Change
2016
20154
Change
Pro-forma2
Revenue Passenger Km (m)
2,986
2,743
8.9%
22,148
19,511
13.5%
Available Seat Km (m)
3,522
3,250
8.4%
26,569
23,979
10.8%
Cargo Tonne Km (m)
0
0
n/a
0
0
n/a
AER LINGUS
Revenue Passenger Km (m)
1,982
1,780
11.3%
14,719
2,701
n/a
8.3%
Available Seat Km (m)
2,336
2,066
13.1%
17,879
3,099
n/a
8.4%
Cargo Tonne Km (m)
10
12
-16.7%
92
18
n/a
-17.9%
IBERIA
Revenue Passenger Km (m)
4,591
4,393
4.5%
38,679
36,575
5.8%
Available Seat Km (m)
5,455
5,208
4.7%
47,030
44,888
4.8%
Cargo Tonne Km (m)
90
79
13.9%
783
747
4.8%
BRITISH AIRWAYS
Revenue Passenger Km (m)
12,821
12,435
3.1%
110,180
107,360
2.6%
Available Seat Km (m)
15,302
14,687
4.2%
134,878
131,415
2.6%
Cargo Tonne Km (m)
348
328
6.1%
3,111
3,106
0.2%
1Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic
2 Year to Date pro-forma includes Aer Lingus in the base
3 Domestic includes routes within UK, Spain, Ireland and Italy
4 2015 figures include Aer Lingus from the acquisition date of August 18, 2015
This information is provided by RNSThe company news service from the London Stock ExchangeENDMSCMABJTMBAMBJF
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