REG - Intl Con Airline Grp - Traffic & Capacity Statistics - April 2017 <Origin Href="QuoteRef">ICAG.L</Origin>

International Consolidated Airlines SAAnnouncement

05/05/2017 07:06

RNS Number : 2628E
International Cons Airlines Group
05 May 2017
APRIL 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
 Group traffic in April, measured in Revenue Passenger Kilometres, increased by 10.0 per cent versus April 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent.
 Group premium traffic for the month of April increased by 7.0 per cent compared to the previous year.
5 May 2017
STRATEGIC DEVELOPMENTS
On 5 April, British Airways launched a 400 million investment plan which includes improvements in Club World, the introduction of Club Europe on UK domestic services, new lounges and First Wing direct security and lounge access at Heathrow. In addition, self-service check-in and biometric boarding gates will speed up airport processes. Over the next two years, the airline's shorthaul and longhaul fleets will be fitted with the latest generation Wi-Fi.
On 24 April, IAG announced that following its highly successful accelerator programme, Hangar 51, the Group will invest in two start-ups. Esplorio (an app that records and shares travel experiences) and Vchain (blockchain technology that allows customers to have control over their data and helps them get through airports faster) were selected to continue working with the Group to further develop their products and benefit customers. They will also receive funding from IAG's multimillion pound investment fund for digital transformation. 
On 2 May, Vueling announced that it has carried more than 100 million passengers at Barcelona airport since it started operations 13 years ago. Vueling is the leading airline at El Prat from where it flies to more than 130 European destinations and has 36 per cent market share.
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, (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", "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 April
Year to Date
2017
2016
Change

2017
2016
Change










Passengers Carried ('000s)
8,798
7,980
10.3%


29,945
28,349
5.6%

Domestic2
1,987
1,815
9.5%


6,984
6,582
6.1%

Europe
4,775
4,313
10.7%


15,535
14,654
6.0%

North America
970
880
10.2%


3,224
3,094
4.2%

Latin America & Caribbean
388
358
8.4%


1,568
1,542
1.7%

Africa, Middle East & S,Asia
491
434
13.1%


1,891
1,798
5.2%

Asia Pacific
187
180
3.9%


743
679
9.4%











Revenue Passenger Km (m)
21,045
19,133
10.0%


74,989
71,355
5.1%

Domestic
1,401
1,248
12.3%


4,889
4,574
6.9%

Europe
5,520
5,003
10.3%


17,407
16,503
5.5%

North America
6,399
5,818
10.0%


21,356
20,527
4.0%

Latin America & Caribbean
3,292
2,986
10.2%


13,258
12,899
2.8%

Africa, Middle East & S,Asia
2,559
2,287
11.9%


10,605
10,052
5.5%

Asia Pacific
1,874
1,791
4.6%


7,474
6,800
9.9%











Available Seat Km (m)
25,329
24,352
4.0%


93,633
90,503
3.5%

Domestic
1,703
1,614
5.5%


6,145
5,950
3.3%

Europe
6,638
6,543
1.5%


22,117
21,938
0.8%

North America
7,714
7,210
7.0%


27,478
25,892
6.1%

Latin America & Caribbean
3,938
3,812
3.3%


15,838
15,554
1.8%

Africa, Middle East & S,Asia
3,111
2,947
5.6%


13,186
12,771
3.2%

Asia Pacific
2,225
2,226
0.0%


8,869
8,398
5.6%











Passenger Load Factor (%)
83.1
78.6
+4.5 pts


80.1
78.8
+1.3 pts

Domestic
82.3
77.3
+5.0 pts


79.6
76.9
+2.7 pts

Europe
83.2
76.5
+6.7 pts


78.7
75.2
+3.5 pts

North America
83.0
80.7
+2.3 pts


77.7
79.3
-1.6 pts

Latin America & Caribbean
83.6
78.3
+5.3 pts


83.7
82.9
+0.8 pts

Africa, Middle East & S,Asia
82.3
77.6
+4.7 pts


80.4
78.7
+1.7 pts

Asia Pacific
84.2
80.5
+3.7 pts


84.3
81.0
+3.3 pts











Cargo Tonne Km (m)









Cargo CTK
466
452
3.1%


1,833
1,772
3.4%











Performance by Airline
Month of April

Year to Date
VUELING
2017
2016
Change


2017
2016
Change

Revenue Passenger Km (m)
2,461
2,193
12.2%


7,483
6,818
9.8%

Available Seat Km (m)
2,940
2,794
5.2%


9,122
8,532
6.9%

Cargo Tonne Km (m)
0
0
n/a


0
0
n/a

AER LINGUS









Revenue Passenger Km (m)
1,827
1,443
26.6%


5,309
4,623
14.8%

Available Seat Km (m)
2,228
1,896
17.5%


7,030
6,083
15.6%

Cargo Tonne Km (m)
14
11
27.3%


50
41
22.0%

IBERIA









Revenue Passenger Km (m)
4,362
3,848
13.4%


16,165
15,307
5.6%

Available Seat Km (m)
5,206
4,962
4.9%


19,512
19,092
2.2%

Cargo Tonne Km (m)
84
94
-10.6%


337
355
-5.1%

 BRITISH AIRWAYS









Revenue Passenger Km (m)
12,395
11,649
6.4%


46,032
44,607
3.2%

Available Seat Km (m)
14,955
14,700
1.7%


57,969
56,796
2.1%

Cargo Tonne Km (m)
368
347
6.1%


1,446
1,376
5.1%

1Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic
2 Domestic includes routes within UK, Spain, Ireland and Italy

This information is provided by RNS
The company news service from the London Stock Exchange
  END
UPDOKQDQKBKBBPK