REG - Intl Con Airline Grp - IAG November traffic statistics <Origin Href="QuoteRef">ICAG.L</Origin> <Origin Href="QuoteRef">ITV.L</Origin>

ITVAnnouncement

03/12/2015 15:13

RNS Number : 9327H
International Cons Airlines Group
03 December 2015
NOVEMBER 2015 - GROUP TRAFFIC AND CAPACITY STATISTICS
 Group traffic in November, measured in Revenue Passenger Kilometres, increased by 14.3 per cent versus November 2014 (up 7.2 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 11.7 per cent (up 4.3 per cent on a pro-forma basis).
 Group premium traffic for the month of November increased by 2.6 per cent on a pro-forma basis.
3 December 2015
STRATEGIC DEVELOPMENTS
On 5 November, IAG announced that it converted two Airbus 330-300 and two A330-200 longhaul aircraft options into firm orders for Aer Lingus and Iberia, respectively. Aer Lingus will receive its aircraft in 2016 while Iberia's aircraft will be delivered between 2017 and 2018. They will enable the airlines to expand their existing longhaul fleets. IAG also converted 15 Airbus 320neo options, announced in August 2013, into firm orders. The aircraft will be delivered between 2018 and 2021 and can be used by any airline in the Group for fleet replacement.
On 12 November, IAG successfully raised 1,000 million in two tranches of senior unsecured convertible bonds due in 2020 and 2022. The bonds were issued to fund IAG's acquisition of Aer Lingus and for general corporate purposes. They will accrue a fixed rate of interest of 0.25 per cent and 0.625 per annum, payable semi-annually in arrears for the 2020 and 2022 bonds, respectively. The conversion price of 13.8 per share represents a premium of approximately 62.5 per cent over the volume weighted average price of the shares on the London Stock Exchange in the period from launch to pricing.
On 17 November, Aer Lingus announced it will re-launch its loyalty programme in partnership with Avios in spring 2016. 'AerClub' members will collect Avios via flights and other partners as well as offering an enhanced choice of travel and leisure rewards. 
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 2014; these documents are available on www.iagshares.com.
Group Performance1
Month of November
Year to Date

2015
2014
Change
Pro-forma2

2015
2014
Change
Pro-forma3










Passengers Carried ('000s)
6,888
5,735
20.1%
8.5%

81,598
71,541
14.1%
9.7%
Domestic4
1,669
1,586
5.2%
3.0%

19,787
18,448
7.3%
6.5%
Europe
3,431
2,565
33.8%
12.9%

41,683
34,114
22.2%
14.5%
North America
802
666
20.4%
4.2%

8,934
8,377
6.6%
1.4%
Latin America & Caribbean
380
345
10.1%


4,265
3,834
11.2%

Africa, Middle East & S.Asia
444
428
3.7%


5,087
5,094
-0.1%

Asia Pacific
162
145
11.7%


1,842
1,674
10.0%











Revenue Passenger Km (m)
17,542
15,342
14.3%
7.2%

204,443
186,684
9.5%
6.7%
Domestic
1,129
1,028
9.8%
7.8%

13,305
12,212
9.0%
8.3%
Europe
3,803
2,916
30.4%
13.4%

49,452
40,637
21.7%
14.7%
North America
5,263
4,497
17.0%
4.0%

59,763
56,323
6.1%
1.8%
Latin America & Caribbean
3,181
2,923
8.8%


35,918
32,614
10.1%

Africa, Middle East & S.Asia
2,545
2,528
0.7%


27,731
28,338
-2.1%

Asia Pacific
1,621
1,450
11.8%


18,274
16,560
10.4%











Available Seat Km (m)
22,123
19,805
11.7%
4.3%

250,374
232,008
7.9%
5.1%
Domestic
1,465
1,334
9.8%
7.4%

17,002
15,780
7.7%
7.0%
Europe
4,978
3,930
26.7%
9.0%

62,161
51,807
20.0%
12.8%
North America
6,359
5,538
14.8%
1.3%

70,920
67,821
4.6%
0.5%
Latin America & Caribbean
3,986
3,806
4.7%


43,132
40,038
7.7%

Africa, Middle East & S.Asia
3,292
3,353
-1.8%


35,309
36,413
-3.0%

Asia Pacific
2,043
1,844
10.8%


21,850
20,149
8.4%











Passenger Load Factor (%)
79.3
77.5
+1.8 pts
+2.2 pts

81.7
80.5
+1.2 pts
+1.2 pts
Domestic
77.1
77.1
+0.0 pts
+0.3 pts

78.3
77.4
+0.9 pts
+1.0 pts
Europe
76.4
74.2
+2.2 pts
+2.9 pts

79.6
78.4
+1.2 pts
+1.3 pts
North America
82.8
81.2
+1.6 pts
+2.2 pts

84.3
83.0
+1.3 pts
+1.1 pts
Latin America & Caribbean
79.8
76.8
+3.0 pts


83.3
81.5
+1.8 pts

Africa, Middle East & S.Asia
77.3
75.4
+1.9 pts


78.5
77.8
+0.7 pts

Asia Pacific
79.3
78.6
+0.7 pts


83.6
82.2
+1.4 pts











Cargo Tonne Km (m)









Cargo CTK
482
492
-2.0%
-4.6%

4,829
4,995
-3.3%
-4.1%










Performance by Airline
Month of November

Year to Date
VUELING
2015
2014
Change
Pro-forma

2015
2014
Change
Pro-forma
Revenue Passenger Km (m)
1,547
1,337
15.7%


23,285
20,105
15.8%

Available Seat Km (m)
1,916
1,704
12.4%


28,573
24,951
14.5%

Cargo Tonne Km (m)
0
0
n/a


0
0
n/a

AER LINGUS









Revenue Passenger Km (m)
1,160
0
n/a
13.2%

5,499
0
n/a
11.1%
Available Seat Km (m)
1,503
0
n/a
6.6%

6,547
0
n/a
6.0%
Cargo Tonne Km (m)
12
0
n/a
-7.7%

43
0
n/a
0.0%
IBERIA









Revenue Passenger Km (m)
3,777
3,298
14.5%


44,668
39,210
13.9%

Available Seat Km (m)
4,833
4,417
9.4%


54,922
49,875
10.1%

Cargo Tonne Km (m)
103
99
4.0%


954
904
5.5%

BRITISH AIRWAYS









Revenue Passenger Km (m)
11,058
10,707
3.3%


130,991
127,369
2.8%

Available Seat Km (m)
13,871
13,684
1.4%


160,332
157,182
2.0%

Cargo Tonne Km (m)
367
393
-6.6%


3,832
4,091
-6.3%

1Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic.
2 Monthly pro-forma includes Aer Lingus in the base
3 For Year to Date pro-forma, Aer Lingus data is only included from 18th August 2014/15
4 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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