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

International Consolidated Airlines SAAnnouncement

03/03/2017 15:10

RNS Number : 5178Y
International Cons Airlines Group
03 March 2017
FEBRUARY 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
 Group traffic in February, measured in Revenue Passenger Kilometres, increased by 2.9 per cent versus February 2016; Group capacity measured in Available Seat Kilometres rose by 2.2 per cent.
 Group premium traffic for the month of February increased by 4.7 per cent compared to the previous year.
3 March 2017
STRATEGIC DEVELOPMENTS
On 10 February, Iberia and Vueling announced that Iberia's Madrid to Barcelona air shuttle will now be operated jointly by both airlines. There will be up to 26 daily flights (16 Iberia and 10 Vueling) with departures every 15 or 30 minutes at peak time and hourly throughout the day. Changes to the current service will take place in July and include greater flexibility with the option of making flight reservations in addition to walk-on and pre-paid open tickets.
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 February
Year to Date
2017
2016
Change

2017
2016
Change










Passengers Carried ('000s)
6,543
6,374
2.7%


13,230
12,712
4.1%

Domestic3
1,564
1,527
2.4%


3,088
2,972
3.9%

Europe
3,371
3,271
3.1%


6,677
6,367
4.9%

North America
636
627
1.4%


1,395
1,360
2.6%

Latin America & Caribbean
371
372
-0.3%


786
795
-1.1%

Africa, Middle East & S,Asia
430
422
1.9%


922
897
2.8%

Asia Pacific
171
155
10.3%


362
321
12.8%











Revenue Passenger Km (m)
16,411
15,945
2.9%


34,469
33,237
3.7%

Domestic
1,089
1,054
3.3%


2,176
2,085
4.4%

Europe
3,702
3,589
3.1%


7,353
7,035
4.5%

North America
4,229
4,181
1.1%


9,282
9,069
2.3%

Latin America & Caribbean
3,126
3,123
0.1%


6,631
6,670
-0.6%

Africa, Middle East & S,Asia
2,537
2,453
3.4%


5,374
5,157
4.2%

Asia Pacific
1,728
1,545
11.8%


3,653
3,221
13.4%











Available Seat Km (m)
21,039
20,588
2.2%


44,142
42,562
3.7%

Domestic
1,376
1,364
0.9%


2,809
2,759
1.8%

Europe
4,795
4,823
-0.6%


9,809
9,756
0.5%

North America
5,925
5,653
4.8%


12,635
11,838
6.7%

Latin America & Caribbean
3,698
3,711
-0.4%


7,829
7,753
1.0%

Africa, Middle East & S,Asia
3,171
3,131
1.3%


6,711
6,511
3.1%

Asia Pacific
2,074
1,906
8.8%


4,349
3,945
10.2%











Passenger Load Factor (%)
78.0
77.4
+0.6 pts


78.1
78.1
+0.0 pts

Domestic
79.1
77.3
+1.8 pts


77.5
75.6
+1.9 pts

Europe
77.2
74.4
+2.8 pts


75.0
72.1
+2.9 pts

North America
71.4
74.0
-2.6 pts


73.5
76.6
-3.1 pts

Latin America & Caribbean
84.5
84.2
+0.3 pts


84.7
86.0
-1.3 pts

Africa, Middle East & S,Asia
80.0
78.3
+1.7 pts


80.1
79.2
+0.9 pts

Asia Pacific
83.3
81.1
+2.2 pts


84.0
81.6
+2.4 pts











Cargo Tonne Km (m)









Cargo CTK
432
428
0.9%


866
850
1.9%











Performance by Airline
Month of February

Year to Date
VUELING
2017
2016
Change


2017
2016
Change

Revenue Passenger Km (m)
1,535
1,378
11.4%


3,074
2,760
11.4%

Available Seat Km (m)
1,885
1,701
10.8%


3,872
3,526
9.8%

Cargo Tonne Km (m)
0
0
n/a


0
0
n/a

AER LINGUS









Revenue Passenger Km (m)
964
846
13.9%


2,032
1,797
13.1%

Available Seat Km (m)
1,388
1,168
18.8%


2,926
2,511
16.5%

Cargo Tonne Km (m)
11
9
22.2%


21
19
10.5%

IBERIA









Revenue Passenger Km (m)
3,613
3,538
2.1%


7,598
7,439
2.1%

Available Seat Km (m)
4,356
4,391
-0.8%


9,211
9,115
1.1%

Cargo Tonne Km (m)
83
88
-5.7%


159
170
-6.5%

 
 BRITISH AIRWAYS









Revenue Passenger Km (m)
10,299
10,183
1.1%


21,765
21,241
2.5%

Available Seat Km (m)
13,410
13,328
0.6%


28,133
27,410
2.6%

Cargo Tonne Km (m)
338
331
2.1%


686
661
3.8%

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
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