Last checked at 3 Aug 2017 15:04
JULY 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
§ Group traffic in July, measured in Revenue Passenger Kilometres, increased by 0.7 per cent versus July 2016; Group capacity measured in Available Seat Kilometres rose by 1.1 per cent.
§ Group premium traffic for the month of July increased by 3.1 per cent compared to the previous year.
3 August 2017
STRATEGIC DEVELOPMENTS
On 24 July, IAG announced that it had converted three Airbus A330-200 longhaul aircraft options into firm orders for LEVEL. The aircraft will be delivered in summer 2018 and will facilitate LEVEL's expansion.
On 19 July, Iberia relaunched its Madrid-Barcelona air bridge shuttle. The new service is operated jointly with Vueling and offers up to 26 daily frequencies between both cities. Customers can book their flights in advance or buy tickets on the day with full flexibility to change their travel plans.
As part of British Airways £400m customer investment plan, the airline announced its partnership with luxury lifestyle brand, The White Company to supply bedding and amenity kits in Club World. In addition, nearly 200,000 customers have used British Airways' new exclusive check-in area for First, Gold Executive Club and oneworld Emerald customers at Heathrow Terminal 5, since it opened in April 2017.
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
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", "July", "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 July | Year to Date | |||||||
| 2017 | 2016 | Change |
| 2017 | 2016 | Change |
| |
Passengers Carried ('000s) | 10,739 | 10,645 | 0.9% | 59,545 | 57,321 | 3.9% | |||
Domestic2 | 2,423 | 2,307 | 5.0% | 13,828 | 12,994 | 6.4% | |||
Europe | 6,069 | 6,121 | -0.8% | 31,943 | 30,996 | 3.1% | |||
North America | 1,078 | 1,061 | 1.6% | 6,369 | 6,181 | 3.0% | |||
Latin America & Caribbean | 443 | 447 | -0.9% | 2,786 | 2,754 | 1.2% | |||
Africa, Middle East & S,Asia | 522 | 497 | 5.0% | 3,296 | 3,134 | 5.2% | |||
Asia Pacific | 204 | 212 | -3.8% | 1,323 | 1,262 | 4.8% | |||
Revenue Passenger Km (m) | 24,741 | 24,571 | 0.7% | 143,898 | 138,866 | 3.6% | |||
Domestic | 1,662 | 1,587 | 4.7% | 9,558 | 8,949 | 6.8% | |||
Europe | 7,387 | 7,538 | -2.0% | 37,135 | 36,247 | 2.4% | |||
North America | 7,183 | 7,041 | 2.0% | 42,225 | 40,967 | 3.1% | |||
Latin America & Caribbean | 3,805 | 3,744 | 1.6% | 23,720 | 23,045 | 2.9% | |||
Africa, Middle East & S,Asia | 2,657 | 2,561 | 3.7% | 17,969 | 17,094 | 5.1% | |||
Asia Pacific | 2,047 | 2,100 | -2.5% | 13,291 | 12,564 | 5.8% | |||
Available Seat Km (m) | 28,623 | 28,317 | 1.1% | 175,833 | 171,232 | 2.7% | |||
Domestic | 1,893 | 1,849 | 2.4% | 11,653 | 11,210 | 4.0% | |||
Europe | 8,438 | 8,723 | -3.3% | 45,674 | 45,820 | -0.3% | |||
North America | 8,466 | 8,116 | 4.3% | 52,042 | 49,652 | 4.8% | |||
Latin America & Caribbean | 4,388 | 4,240 | 3.5% | 28,312 | 27,728 | 2.1% | |||
Africa, Middle East & S,Asia | 3,125 | 3,044 | 2.7% | 22,488 | 21,584 | 4.2% | |||
Asia Pacific | 2,313 | 2,345 | -1.4% | 15,664 | 15,238 | 2.8% | |||
Passenger Load Factor (%) | 86.4 | 86.8 | -0.4 pts | 81.8 | 81.1 | +0.7 pts | |||
Domestic | 87.8 | 85.8 | +2.0 pts | 82.0 | 79.8 | +2.2 pts | |||
Europe | 87.5 | 86.4 | +1.1 pts | 81.3 | 79.1 | +2.2 pts | |||
North America | 84.8 | 86.8 | -2.0 pts | 81.1 | 82.5 | -1.4 pts | |||
Latin America & Caribbean | 86.7 | 88.3 | -1.6 pts | 83.8 | 83.1 | +0.7 pts | |||
Africa, Middle East & S,Asia | 85.0 | 84.1 | +0.9 pts | 79.9 | 79.2 | +0.7 pts | |||
Asia Pacific | 88.5 | 89.6 | -1.1 pts | 84.9 | 82.5 | +2.4 pts | |||
Cargo Tonne Km (m) | |||||||||
Cargo CTK | 477 | 447 | 6.7% | 3,263 | 3,101 | 5.2% | |||
Performance by Airline | Month of July | Year to Date | |||||||
VUELING |
2017 |
2016 |
Change |
2017 |
2016 |
Change | |||
Revenue Passenger Km (m) | 3,323 | 3,477 | -4.4% | 16,258 | 15,622 | 4.1% | |||
Available Seat Km (m) | 3,690 | 3,986 | -7.4% | 19,337 | 18,996 | 1.8% | |||
Cargo Tonne Km (m) | 0 | 0 | n/a | 0 | 0 | n/a | |||
AER LINGUS
| |||||||||
Revenue Passenger Km (m) | 2,395 | 2,163 | 10.7% | 11,981 | 10,581 | 13.2% | |||
Available Seat Km (m) | 2,710 | 2,447 | 10.7% | 14,871 | 13,106 | 13.5% | |||
Cargo Tonne Km (m) | 11 | 11 | 0.0% | 88 | 73 | 20.5% | |||
IBERIA | |||||||||
Revenue Passenger Km (m) | 5,419 | 5,132 | 5.6% | 30,845 | 28,970 | 6.5% | |||
Available Seat Km (m) | 6,350 | 5,922 | 7.2% | 37,047 | 35,565 | 4.2% | |||
Cargo Tonne Km (m) | 97 | 93 | 4.3% | 608 | 610 | -0.3% | |||
BRITISH AIRWAYS | |||||||||
Revenue Passenger Km (m) | 13,604 | 13,799 | -1.4% | 84,814 | 83,693 | 1.3% | |||
Available Seat Km (m) | 15,873 | 15,962 | -0.6% | 104,578 | 103,565 | 1.0% | |||
Cargo Tonne Km (m) | 369 | 343 | 7.6% | 2,567 | 2,418 | 6.2% | |||
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