We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 175.60
Bid: 175.55
Ask: 175.60
Change: -1.60 (-0.90%)
Spread: 0.05 (0.028%)
Open: 177.00
High: 177.00
Low: 174.50
Prev. Close: 177.20
IAG Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

2nd UPDATE: IAG Reports Strong September Traffic Growth, Premium Traffic Up 7.6%

Fri, 03rd Oct 2014 14:54

LONDON (Alliance News) - International Consolidated Airlines Group PLC Friday reported strong traffic growth in September, with its high-margin premium traffic up 7.6% compared with a year earlier.

The parent of British Airways and Spanish airlines Iberia and Vueling said group traffic measured in revenue passenger kilometres rose 8.5% compared with September 2013, outperforming an 8.4% increase in capacity measured in available seat kilometres, meaning its passenger load factor - a measure of how full its planes are - rose 0.1 percentage points to 84.5%, from 84.4%.

The group carried 7.5 million passengers in September, up 11.0% from 6.7 million in the same month in 2013. Growth on domestic UK, Spanish and Italian routes, European routes, and Asian Pacific routes was particularly strong. No regions showed a decline.

Its group cargo, measured in cargo tonne kilometres, fell 6.0%, with an 8.0% increase at Iberia failing to offset an 8.7% decline at British Airways.

All the group's airlines grew in terms of revenue passenger kilometres, but British Airways was the only one to increase the measure more than the increase in available seat kilometres.

British Airways' revenue passenger kilometres rose 6.1%, well above the 5.7% increase in available seat kilometres. Revenue passenger kilometres were up 7.4% at Iberia, underperforming a 7.6% increase in available seat kilometres, while the figures were 26.0% and 26.5%, respectively, at Vueling.

For the first nine months of 2014, IAG's passenger numbers are up 16.8% compared with the same period of 2013, or 8.6% when Vueling is included in the base line. IAG acquired Vueling in April 2013.

Group traffic in revenue passenger kilometres is up 9.5% over the same nine-month periods, or 6.7% including Vueling completely in both periods, although available passenger kilometres have risen 10.5%, or 7.5% including a full contribution from Vueling, meaning passenger load factor is down 0.6 percentage points.

Last month, IAG converted eight Airbus A330-200 options it had into firm orders for Iberia. The aircraft will be delivered between 2015 and 2018. It also announced last month that it would resume direct flights from London Heathrow to Kuala Lumpur next summer, and it has added three new routes to its Gatwick schedule: Funchal in Madeira, Seville and Las Palmas in Gran Canaria in Spain, will be operated from March 2015.

Its Vueling airline reached a so-called interline deal with Qatar Airways last month, an agreement that should boost Vueling traffic as it will feed Qatar Airways long haul flights from Barcelona and Rome-Fiumicino.

IAG shares were up 3.4% at 359.80 pence Friday afternoon.

By Steve McGrath; stevemcgrath@alliancenews.com; @stevemcgrath1

Copyright 2014 Alliance News Limited. All Rights Reserved.

More News
20 Oct 2023 17:06

LONDON MARKET CLOSE: Stocks down after difficult week for markets

(Alliance News) - Stock prices in London closed lower on Friday, after a difficult week for markets, as investors contend with the heightening war in the Middle East as well as the prospect of higher interest rates.

Read more
20 Oct 2023 15:44

UK earnings, trading statements calendar - next 7 days

Monday 23 October 
Shanta Gold LtdTrading Statement
South32 LtdTrading Statement
Tuesday 24 October 
Angling Direct PLCHalf Year Results
Anglo American PLCTrading Statement
Barclays PLCQ3 Results
Bunzl PLCTrading Statement
FD Technologies PLCHalf Year Results
Gattaca PLCFull Year Results
Petra Diamonds LtdQ1 Results
Scancell Holdings PLCFull Year Results
Softcat PLCFull Year Results
Travis Perkins PLCTrading Statement
Trifast PLCTrading Statement
WAG Payment Solutions PLCTrading Statement
Wednesday 25 October 
Asos PLCFull Year Results
Bytes Technology Group PLCHalf Year Results
Critical Mineral Resources PLCTrading Statement
Ecora Resources PLCTrading Statement
Fresnillo PLCTrading Statement
Ibstock PLCTrading Statement
Lloyds Banking Group PLCTrading Statement
Reckitt Benckiser Group PLCTrading Statement
RWS Holdings PLCTrading Statement
ScS Group PLCFull Year Results
Virgin Wines UK PLCFull Year Results
Thursday 26 October 
Bank of Ireland Group PLCTrading Statement
Bloomsbury Publishing PLCHalf Year Results
Botswana Diamonds PLCTrading Statement
C&C Group PLCHalf Year Results
e-Therapeutics PLCHalf Year Results
Financials Acquisition CorpTrading Statement
GCP Infrastructure Investments LtdTrading Statement
HarbourVest Global Private Equity LtdHalf Year Results
Hummingbird Resources PLCTrading Statement
Hunting PLCTrading Statement
Inchcape PLCTrading Statement
International Personal Finance PLCTrading Statement
PPHE Hotel Group LtdTrading Statement
Renishaw PLCTrading Statement
Standard Chartered PLCQ3 Results
Unilever PLCTrading Statement
WPP PLCTrading Statement
Friday 27 October 
International Consolidated Airlines Group SAQ3 Results
NatWest Group PLCQ3 Results
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
20 Oct 2023 12:11

LONDON MARKET MIDDAY: Middle East tensions continue to weigh on stocks

(Alliance News) - Stock prices in London were down at midday on Friday, as ongoing hostilities in the Middle East continued to weigh on investor sentiment, with US interest rate worries also tempering enthusiasm.

Read more
20 Oct 2023 08:52

LONDON MARKET OPEN: Rate worries and Middle East tensions hurt shares

(Alliance News) - Stock prices in London opened lower on Friday, with US interest rate concerns and ongoing hostilities in the Middle East keeping a lid on enthusiasm at the end of the week.

Read more
18 Oct 2023 12:00

LONDON MARKET MIDDAY: FTSE 100 falls after stubborn UK inflation data

(Alliance News) - Stock prices in London were lower heading into Wednesday afternoon, with events in Gaza and a hotter-than-expected UK inflation reading weighing on stocks.

Read more
18 Oct 2023 09:39

LONDON BROKER RATINGS: Citigroup cuts Wizz Air to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
17 Oct 2023 09:56

UK competition regulator orders rethink on Heathrow Airport charges

(Alliance News) - A decision on how much Heathrow Airport can charge airlines must be reconsidered, competition regulator the Competition & Markets Authority said.

Read more
9 Oct 2023 16:56

LONDON MARKET CLOSE: Stocks suffer amid Israel conflict

(Alliance News) - Oil majors and defence contractor BAE Systems helped shield the FTSE 100 from a deeper decline on Monday, as global equities struggled as events in Israel meant it was a risk-off start to the new week.

Read more
9 Oct 2023 15:40

London close: Stocks slip into red on growing Middle East concerns

(Sharecast News) - London's financial markets closed in the red on Monday, relinquishing earlier gains as geopolitical tensions emanating from the Israel-Gaza conflict hit global sentiment.

Read more
9 Oct 2023 08:54

LONDON BROKER RATINGS: Numis raises Rotork and cuts Bodycote

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

Read more
8 Oct 2023 14:22

Major airlines cancel dozens of flights to Tel Aviv amid Hamas attack

(Alliance News) - Major airlines have cancelled dozens of flights to Tel Aviv this weekend after the Palestinian militant group Hamas launched a surprise large-scale attack against Israel.

Read more
6 Oct 2023 10:28

Datalex and Aer Lingus ink digital transformation platform deal

(Alliance News) - Datalex PLC on Friday said it will partner with Aer Lingus Ltd to offer the airline a new digital transformation platform.

Read more
5 Oct 2023 12:59

BA nearing long-term pay deal to avert pilots' strike - report

(Sharecast News) - British Airways is reportedly on the of a brink of a long-term pay deal with its pilots aimed at removing the renewed threat of strike action until at least 2027.

Read more
4 Oct 2023 09:52

LONDON BROKER RATINGS: Goldman likes Relx; Jefferies likes Aviva

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

Read more
3 Oct 2023 10:55

Aurrigo inks deal with British Airways parent IAG for aviation tech

(Alliance News) - Aurrigo International PLC on Tuesday said that it has signed a formal partnership agreement with British Airways parent International Consolidated Airlines Group SA for the deployment and demonstration of Aurrigo's autonomous aviation solutions within the UK.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.