Last checked at 5 May 2017 07:01
APRIL 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
§ Group traffic in April, measured in Revenue Passenger Kilometres, increased by 10.0 per cent versus April 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent.
§ Group premium traffic for the month of April increased by 7.0 per cent compared to the previous year.
5 May 2017
STRATEGIC DEVELOPMENTS
On 5 April, British Airways launched a £400 million investment plan which includes improvements in Club World, the introduction of Club Europe on UK domestic services, new lounges and First Wing direct security and lounge access at Heathrow. In addition, self-service check-in and biometric boarding gates will speed up airport processes. Over the next two years, the airline's shorthaul and longhaul fleets will be fitted with the latest generation Wi-Fi.
On 24 April, IAG announced that following its highly successful accelerator programme, Hangar 51, the Group will invest in two start-ups. Esplorio (an app that records and shares travel experiences) and Vchain (blockchain technology that allows customers to have control over their data and helps them get through airports faster) were selected to continue working with the Group to further develop their products and benefit customers. They will also receive funding from IAG's multimillion pound investment fund for digital transformation.
On 2 May, Vueling announced that it has carried more than 100 million passengers at Barcelona airport since it started operations 13 years ago. Vueling is the leading airline at El Prat from where it flies to more than 130 European destinations and has 36 per cent market share.
LEI: 959800TZHQRUSH1ESL13
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 April | Year to Date | |||||||
| 2017 | 2016 | Change |
| 2017 | 2016 | Change |
| |
Passengers Carried ('000s) | 8,798 | 7,980 | 10.3% | 29,945 | 28,349 | 5.6% | |||
Domestic2 | 1,987 | 1,815 | 9.5% | 6,984 | 6,582 | 6.1% | |||
Europe | 4,775 | 4,313 | 10.7% | 15,535 | 14,654 | 6.0% | |||
North America | 970 | 880 | 10.2% | 3,224 | 3,094 | 4.2% | |||
Latin America & Caribbean | 388 | 358 | 8.4% | 1,568 | 1,542 | 1.7% | |||
Africa, Middle East & S,Asia | 491 | 434 | 13.1% | 1,891 | 1,798 | 5.2% | |||
Asia Pacific | 187 | 180 | 3.9% | 743 | 679 | 9.4% | |||
Revenue Passenger Km (m) | 21,045 | 19,133 | 10.0% | 74,989 | 71,355 | 5.1% | |||
Domestic | 1,401 | 1,248 | 12.3% | 4,889 | 4,574 | 6.9% | |||
Europe | 5,520 | 5,003 | 10.3% | 17,407 | 16,503 | 5.5% | |||
North America | 6,399 | 5,818 | 10.0% | 21,356 | 20,527 | 4.0% | |||
Latin America & Caribbean | 3,292 | 2,986 | 10.2% | 13,258 | 12,899 | 2.8% | |||
Africa, Middle East & S,Asia | 2,559 | 2,287 | 11.9% | 10,605 | 10,052 | 5.5% | |||
Asia Pacific | 1,874 | 1,791 | 4.6% | 7,474 | 6,800 | 9.9% | |||
Available Seat Km (m) | 25,329 | 24,352 | 4.0% | 93,633 | 90,503 | 3.5% | |||
Domestic | 1,703 | 1,614 | 5.5% | 6,145 | 5,950 | 3.3% | |||
Europe | 6,638 | 6,543 | 1.5% | 22,117 | 21,938 | 0.8% | |||
North America | 7,714 | 7,210 | 7.0% | 27,478 | 25,892 | 6.1% | |||
Latin America & Caribbean | 3,938 | 3,812 | 3.3% | 15,838 | 15,554 | 1.8% | |||
Africa, Middle East & S,Asia | 3,111 | 2,947 | 5.6% | 13,186 | 12,771 | 3.2% | |||
Asia Pacific | 2,225 | 2,226 | 0.0% | 8,869 | 8,398 | 5.6% | |||
Passenger Load Factor (%) | 83.1 | 78.6 | +4.5 pts | 80.1 | 78.8 | +1.3 pts | |||
Domestic | 82.3 | 77.3 | +5.0 pts | 79.6 | 76.9 | +2.7 pts | |||
Europe | 83.2 | 76.5 | +6.7 pts | 78.7 | 75.2 | +3.5 pts | |||
North America | 83.0 | 80.7 | +2.3 pts | 77.7 | 79.3 | -1.6 pts | |||
Latin America & Caribbean | 83.6 | 78.3 | +5.3 pts | 83.7 | 82.9 | +0.8 pts | |||
Africa, Middle East & S,Asia | 82.3 | 77.6 | +4.7 pts | 80.4 | 78.7 | +1.7 pts | |||
Asia Pacific | 84.2 | 80.5 | +3.7 pts | 84.3 | 81.0 | +3.3 pts | |||
Cargo Tonne Km (m) | |||||||||
Cargo CTK | 466 | 452 | 3.1% | 1,833 | 1,772 | 3.4% | |||
Performance by Airline | Month of April | Year to Date | |||||||
VUELING |
2017 |
2016 |
Change |
2017 |
2016 |
Change | |||
Revenue Passenger Km (m) | 2,461 | 2,193 | 12.2% | 7,483 | 6,818 | 9.8% | |||
Available Seat Km (m) | 2,940 | 2,794 | 5.2% | 9,122 | 8,532 | 6.9% | |||
Cargo Tonne Km (m) | 0 | 0 | n/a | 0 | 0 | n/a | |||
AER LINGUS
| |||||||||
Revenue Passenger Km (m) | 1,827 | 1,443 | 26.6% | 5,309 | 4,623 | 14.8% | |||
Available Seat Km (m) | 2,228 | 1,896 | 17.5% | 7,030 | 6,083 | 15.6% | |||
Cargo Tonne Km (m) | 14 | 11 | 27.3% | 50 | 41 | 22.0% | |||
IBERIA | |||||||||
Revenue Passenger Km (m) | 4,362 | 3,848 | 13.4% | 16,165 | 15,307 | 5.6% | |||
Available Seat Km (m) | 5,206 | 4,962 | 4.9% | 19,512 | 19,092 | 2.2% | |||
Cargo Tonne Km (m) | 84 | 94 | -10.6% | 337 | 355 | -5.1% | |||
BRITISH AIRWAYS | |||||||||
Revenue Passenger Km (m) | 12,395 | 11,649 | 6.4% | 46,032 | 44,607 | 3.2% | |||
Available Seat Km (m) | 14,955 | 14,700 | 1.7% | 57,969 | 56,796 | 2.1% | |||
Cargo Tonne Km (m) | 368 | 347 | 6.1% | 1,446 | 1,376 | 5.1% | |||
1 Group 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