REG - Intl Con Airline Grp - Traffic & Capacity Statistics - November 2016 <Origin Href="QuoteRef">ICAG.L</Origin>
RNS Number : 9977QInternational Cons Airlines Group05 December 2016NOVEMBER 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS
Group traffic in November, measured in Revenue Passenger Kilometres, increased by 3.2 per cent versus November 2015; Group capacity measured in Available Seat Kilometres rose by 3.7 per cent.
Group premium traffic for the month of November increased by 4.4 per cent compared to the previous year.
5 December 2016
STRATEGIC DEVELOPMENTS
On 2 November, IAG announced that it will introduce high speed inflight Wi-Fi across its airlines' shorthaul fleets having reached agreement with Inmarsat to be the launch customer of its next generation European air to ground connectivity. Up to 341 shorthaul aircraft will be fitted with the technology.
On 15 November, Aer Lingus announced its 2017 transatlantic growth plans including a new route from Dublin to Miami and additional frequencies on its Dublin to Los Angeles, Chicago and Orlando services.
On 1 November, British Airways announced its new service from London Gatwick to Oakland, California from March 28, 2017. The airline has also announced plans to invest $110 million in its US airport facilities to enhance the customer experience. This will include a $65 million investment in JFK's Terminal 7 and airport lounge improvements in Boston, San Francisco, Miami, Chicago, Houston and Seattle.
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 2015; these documents are available on www.iagshares.com.
Group Performance1
Month of November
Year to Date
2016
2015
Change
2016
20154
Change
Pro-forma2
Passengers Carried ('000s)
7,249
6,888
5.2%
93,610
81,598
14.7%
6.4%
Domestic3
1,782
1,669
6.8%
21,110
19,787
6.7%
5.3%
Europe
3,646
3,431
6.3%
50,984
41,683
22.3%
8.7%
North America
836
802
4.2%
10,097
8,934
13.0%
2.6%
Latin America & Caribbean
368
380
-3.2%
4,352
4,265
2.0%
Africa, Middle East & S,Asia
439
444
-1.1%
5,042
5,087
-0.9%
Asia Pacific
178
162
9.9%
2,025
1,842
9.9%
Revenue Passenger Km (m)
18,111
17,542
3.2%
225,233
204,443
10.2%
4.6%
Domestic
1,233
1,129
9.2%
14,619
13,305
9.9%
8.7%
Europe
4,030
3,803
6.0%
60,085
49,452
21.5%
8.9%
North America
5,457
5,263
3.7%
66,708
59,763
11.6%
3.0%
Latin America & Caribbean
3,074
3,181
-3.4%
36,453
35,918
1.5%
Africa, Middle East & S,Asia
2,536
2,545
-0.4%
27,193
27,731
-1.9%
Asia Pacific
1,781
1,621
9.9%
20,175
18,274
10.4%
Available Seat Km (m)
22,941
22,123
3.7%
275,401
250,374
10.0%
4.4%
Domestic
1,519
1,465
3.7%
17,977
17,002
5.7%
4.5%
Europe
5,250
4,978
5.5%
74,912
62,161
20.5%
7.9%
North America
6,774
6,359
6.5%
80,152
70,920
13.0%
4.4%
Latin America & Caribbean
3,841
3,986
-3.6%
43,798
43,132
1.5%
Africa, Middle East & S,Asia
3,320
3,292
0.9%
34,142
35,309
-3.3%
Asia Pacific
2,237
2,043
9.5%
24,420
21,850
11.8%
Passenger Load Factor (%)
78.9
79.3
-0.4 pts
81.8
81.7
+0.1 pts
+0.2 pts
Domestic
81.2
77.1
+4.1 pts
81.3
78.3
+3.0 pts
+3.2 pts
Europe
76.8
76.4
+0.4 pts
80.2
79.6
+0.6 pts
+0.7 pts
North America
80.6
82.8
-2.2 pts
83.2
84.3
-1.1 pts
-1.1 pts
Latin America & Caribbean
80.0
79.8
+0.2 pts
83.2
83.3
-0.1 pts
Africa, Middle East & S,Asia
76.4
77.3
-0.9 pts
79.6
78.5
+1.1 pts
Asia Pacific
79.6
79.3
+0.3 pts
82.6
83.6
-1.0 pts
Cargo Tonne Km (m)
Cargo CTK
484
482
0.4%
4,974
4,829
3.0%
1.0%
Performance by Airline
Month of November
Year to Date
VUELING
2016
2015
Change
2016
20154
Change
Pro-forma2
Revenue Passenger Km (m)
1,722
1,547
11.3%
26,360
23,285
13.2%
Available Seat Km (m)
2,167
1,916
13.1%
31,737
28,573
11.1%
Cargo Tonne Km (m)
0
0
n/a
0
0
n/a
AER LINGUS
Revenue Passenger Km (m)
1,349
1,160
16.3%
17,918
5,499
n/a
9.3%
Available Seat Km (m)
1,702
1,503
13.2%
21,830
6,547
n/a
9.5%
Cargo Tonne Km (m)
12
12
0.0%
115
43
n/a
-16.1%
IBERIA
Revenue Passenger Km (m)
3,905
3,777
3.4%
47,018
44,668
5.3%
Available Seat Km (m)
4,913
4,833
1.7%
57,285
54,922
4.3%
Cargo Tonne Km (m)
97
103
-5.8%
991
954
3.9%
BRITISH AIRWAYS
Revenue Passenger Km (m)
11,135
11,058
0.7%
133,937
130,991
2.2%
Available Seat Km (m)
14,159
13,871
2.1%
164,549
160,332
2.6%
Cargo Tonne Km (m)
375
367
2.2%
3,868
3,832
0.9%
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 ExchangeENDMSCZELFBQLFZFBX
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