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

International Consolidated Airlines SAAnnouncement

05/04/2017 15:11

RNS Number : 6935B
International Cons Airlines Group
05 April 2017
MARCH 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
 Group traffic in March, measured in Revenue Passenger Kilometres, increased by 2.6 per cent versus March 2016; Group capacity measured in Available Seat Kilometres rose by 2.4 per cent.
 Group premium traffic for the month of March increased by 6.9 per cent compared to the previous year.
5 April 2017
STRATEGIC DEVELOPMENTS
On 17 March, IAG launched LEVEL - a new low cost longhaul airline brand that will start its operation in June 2017 with flights from Barcelona to Los Angeles, San Francisco (Oakland), Buenos Aires and Punta Cana (Dominican Republic). LEVEL will fly two new Airbus A330 aircraft fitted with 293 economy and 21 premium economy seats. Initially it will be operated by Iberia's flight and cabin crew and will create up to 250 jobs in Barcelona.
During March, British Airways introduced its European business-class service (Club Europe) on all its UK domestic flights. The airline also enhanced the catering for all Club Europe services across its short-haul network.
On 29 March, Iberia and Qatar Airways announced a code-share agreement on flights between Madrid and Doha, as well as on 28 Iberia destinations in Spain and Portugal. This agreement will offer passengers more flight options and enhanced connections.
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 March
Year to Date
2017
2016
Change

2017
2016
Change










Passengers Carried ('000s)
7,917
7,657
3.4%


21,147
20,369
3.8%

Domestic2
1,909
1,795
6.4%


4,997
4,767
4.8%

Europe
4,083
3,974
2.7%


10,760
10,341
4.1%

North America
859
854
0.6%


2,254
2,214
1.8%

Latin America & Caribbean
394
389
1.3%


1,180
1,184
-0.3%

Africa, Middle East & S,Asia
478
467
2.4%


1,400
1,364
2.6%

Asia Pacific
194
178
9.0%


556
499
11.4%











Revenue Passenger Km (m)
19,475
18,985
2.6%


53,944
52,222
3.3%

Domestic
1,312
1,241
5.7%


3,488
3,326
4.9%

Europe
4,534
4,465
1.5%


11,887
11,500
3.4%

North America
5,675
5,640
0.6%


14,957
14,709
1.7%

Latin America & Caribbean
3,335
3,243
2.8%


9,966
9,913
0.5%

Africa, Middle East & S,Asia
2,672
2,608
2.5%


8,046
7,765
3.6%

Asia Pacific
1,947
1,788
8.9%


5,600
5,009
11.8%











Available Seat Km (m)
24,162
23,589
2.4%


68,304
66,151
3.3%

Domestic
1,633
1,577
3.6%


4,442
4,336
2.4%

Europe
5,670
5,639
0.5%


15,479
15,395
0.5%

North America
7,129
6,844
4.2%


19,764
18,682
5.8%

Latin America & Caribbean
4,071
3,989
2.1%


11,900
11,742
1.3%

Africa, Middle East & S,Asia
3,364
3,313
1.5%


10,075
9,824
2.6%

Asia Pacific
2,295
2,227
3.1%


6,644
6,172
7.6%











Passenger Load Factor (%)
80.6
80.5
+0.1 pts


79.0
78.9
+0.1 pts

Domestic
80.3
78.7
+1.6 pts


78.5
76.7
+1.8 pts

Europe
80.0
79.2
+0.8 pts


76.8
74.7
+2.1 pts

North America
79.6
82.4
-2.8 pts


75.7
78.7
-3.0 pts

Latin America & Caribbean
81.9
81.3
+0.6 pts


83.7
84.4
-0.7 pts

Africa, Middle East & S,Asia
79.4
78.7
+0.7 pts


79.9
79.0
+0.9 pts

Asia Pacific
84.8
80.3
+4.5 pts


84.3
81.2
+3.1 pts











Cargo Tonne Km (m)









Cargo CTK
501
470
6.6%


1,367
1,320
3.6%











Performance by Airline
Month of March

Year to Date
VUELING
2017
2016
Change


2017
2016
Change

Revenue Passenger Km (m)
1,948
1,865
4.5%


5,022
4,625
8.6%

Available Seat Km (m)
2,310
2,212
4.4%


6,182
5,738
7.7%

Cargo Tonne Km (m)
0
0
n/a


0
0
n/a

AER LINGUS









Revenue Passenger Km (m)
1,450
1,383
4.8%


3,482
3,180
9.5%

Available Seat Km (m)
1,876
1,676
11.9%


4,802
4,187
14.7%

Cargo Tonne Km (m)
15
11
36.4%


36
30
20.0%

IBERIA









Revenue Passenger Km (m)
4,205
4,020
4.6%


11,803
11,459
3.0%

Available Seat Km (m)
5,095
5,015
1.6%


14,306
14,130
1.2%

Cargo Tonne Km (m)
94
91
3.3%


253
261
-3.1%

 BRITISH AIRWAYS









Revenue Passenger Km (m)
11,872
11,717
1.3%


33,637
32,958
2.1%

Available Seat Km (m)
14,881
14,686
1.3%


43,014
42,096
2.2%

Cargo Tonne Km (m)
392
368
6.5%


1,078
1,029
4.8%

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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