§ In December 2014, IAG carried 5.8 million passengers, an increase of 10.8 per cent compared to the same period last year. For the full year 2014, the Group carried 77.3 million passengers - an increase of 10 million passengers or 15.0 per cent versus last year.
§ Group traffic in December, measured in Revenue Passenger Kilometres, increased by 5.7 per cent versus December 2013; Group capacity measured in Available Seat Kilometres rose by 5.0 per cent.
§ Group premium traffic for the month of December increased by 4.3 per cent compared to the previous year.
8 January 2015
STRATEGIC DEVELOPMENTS
On 11 December, Iberia announced its 2015 summer schedule. Along with its subsidiary Iberia Express, it will operate 13 new routes in key European markets such as Germany, Italy and the UK. The airline will also add 65 weekly flights to 24 existing Spanish, European and longhaul destinations. In addition, Iberia signed a codeshare agreement with the Brazilian airline TAM that belongs to the LATAM Airlines Group, which covers 19 routes in Europe and Brazil.
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 2013; these documents are available on www.iagshares.com.
|
Group Performance1
|
Month of December |
|
Year to Date |
||||||
|
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma2 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
5,793 |
5,228 |
10.8% |
|
|
77,334 |
67,224 |
15.0% |
8.9% |
Domestic (UK, Spain & Italy) |
1,526 |
1,351 |
13.0% |
|
|
19,974 |
16,451 |
21.4% |
8.7% |
Europe |
2,590 |
2,231 |
16.1% |
|
|
36,704 |
31,031 |
18.3% |
11.7% |
North America |
699 |
678 |
3.1% |
|
|
9,076 |
8,702 |
4.3% |
|
Latin America & Caribbean |
368 |
337 |
9.2% |
|
|
4,202 |
4,137 |
1.6% |
|
Africa, Middle East & S.Asia |
468 |
498 |
-6.0% |
|
|
5,562 |
5,248 |
6.0% |
|
Asia Pacific |
142 |
133 |
6.8% |
|
|
1,816 |
1,655 |
9.7% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
15,878 |
15,025 |
5.7% |
|
|
202,562 |
186,304 |
8.7% |
6.6% |
Domestic (UK, Spain & Italy) |
1,018 |
925 |
10.1% |
|
|
13,230 |
10,654 |
24.2% |
9.3% |
Europe |
2,927 |
2,545 |
15.0% |
|
|
43,564 |
36,481 |
19.4% |
12.9% |
North America |
4,686 |
4,532 |
3.4% |
|
|
61,009 |
58,569 |
4.2% |
|
Latin America & Caribbean |
3,116 |
2,851 |
9.3% |
|
|
35,730 |
34,807 |
2.7% |
|
Africa, Middle East & S.Asia |
2,711 |
2,848 |
-4.8% |
|
|
31,049 |
29,302 |
6.0% |
|
Asia Pacific |
1,420 |
1,324 |
7.3% |
|
|
17,980 |
16,491 |
9.0% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
19,923 |
18,982 |
5.0% |
|
|
251,931 |
230,573 |
9.3% |
7.0% |
Domestic (UK, Spain & Italy) |
1,332 |
1,245 |
7.0% |
|
|
17,112 |
14,071 |
21.6% |
7.6% |
Europe |
3,939 |
3,480 |
13.2% |
|
|
55,746 |
47,000 |
18.6% |
11.9% |
North America |
5,608 |
5,445 |
3.0% |
|
|
73,429 |
69,254 |
6.0% |
|
Latin America & Caribbean |
3,857 |
3,538 |
9.0% |
|
|
43,895 |
42,152 |
4.1% |
|
Africa, Middle East & S.Asia |
3,428 |
3,614 |
-5.1% |
|
|
39,841 |
37,831 |
5.3% |
|
Asia Pacific |
1,759 |
1,660 |
6.0% |
|
|
21,908 |
20,265 |
8.1% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
79.7 |
79.2 |
+0.5 pts |
|
|
80.4 |
80.8 |
-0.4 pts |
-0.3 pts |
Domestic (UK, Spain & Italy) |
76.4 |
74.3 |
+2.1 pts |
|
|
77.3 |
75.7 |
+1.6 pts |
+1.2 pts |
Europe |
74.3 |
73.1 |
+1.2 pts |
|
|
78.1 |
77.6 |
+0.5 pts |
+0.7 pts |
North America |
83.6 |
83.2 |
+0.4 pts |
|
|
83.1 |
84.6 |
-1.5 pts |
|
Latin America & Caribbean |
80.8 |
80.6 |
+0.2 pts |
|
|
81.4 |
82.6 |
-1.2 pts |
|
Africa, Middle East & S.Asia |
79.1 |
78.8 |
+0.3 pts |
|
|
77.9 |
77.5 |
+0.4 pts |
|
Asia Pacific |
80.7 |
79.8 |
+0.9 pts |
|
|
82.1 |
81.4 |
+0.7 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
458 |
478 |
-4.2% |
|
|
5,453 |
5,653 |
-3.5% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline
|
Month of December |
|
Year to Date |
||||||
VUELING |
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
1,340 |
1,152 |
16.3% |
|
|
21,445 |
13,478 |
59.1% |
25.3% |
Available Seat Km (m) |
1,735 |
1,527 |
13.6% |
|
|
26,686 |
16,700 |
59.8% |
24.2% |
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
|
|
|
|
|
|
|
|
|
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
3,476 |
3,182 |
9.2% |
|
|
42,686 |
41,493 |
2.9% |
|
Available Seat Km (m) |
4,453 |
4,117 |
8.2% |
|
|
54,328 |
52,429 |
3.6% |
|
Cargo Tonne Km (m) |
95 |
99 |
-4.0% |
|
|
999 |
1,007 |
-0.8% |
|
|
|
|
|
|
|
|
|
|
|
BRITIH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
11,062 |
10,691 |
3.5% |
|
|
138,431 |
131,333 |
5.4% |
|
Available Seat Km (m) |
13,735 |
13,338 |
3.0% |
|
|
170,917 |
161,444 |
5.9% |
|
Cargo Tonne Km (m) |
363 |
379 |
-4.2% |
|
|
4,454 |
4,646 |
-4.1% |
|
1 Group performance comprises British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic.
2 Pro-forma figures include Vueling in the baseline.