London Heathrow Slot Purchase

RNS Number : 8080O

International Cons Airlines Group

23 September 2011

 



LONDON HEATHROW SLOT PURCHASE

IAG has approved the acquisition by British Airways of six daily slot pairs at London Heathrow from bmi British Midland International.

The slots will be used by British Airways from late October 2011 with the airline looking to expand both its longhaul and shorthaul network at the airport.

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September 23, 2011                                                                                                              IAG09

Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.

Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and the Company's plans and objectives for future operations, including, without limitation, discussions of the Company's Business Plan, expected future revenues, financing plans and expected expenditures and divestments. All forward-looking statements in this report are based upon information known to the Company on the date of this report. The Company 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 Company's forward-looking statements 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 some of the most important risks in this regard is given in the shareholder documentation in respect of the merger issued on October 26, 2010 and in the Securities Note and Summary issued on January 10, 2011; these documents are available on www.iagshares.com.

 

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