Traffic Statistics April 2013

RNS Number : 2667E
International Cons Airlines Group
08 May 2013
 



 


APRIL 2013 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

 

§ In April 2013, Group traffic measured in Revenue Passenger Kilometres decreased by 5.6 per cent versus April 2012; Group capacity measured in Available Seat Kilometres was down 2.9 per cent.

§ Group premium traffic for the month of April increased by 1.8 per cent compared to the previous year. Non-premium traffic decreased by 6.9 per cent.

§ Traffic and load factor were affected by Easter and a Group policy to improve unit revenues through yield, rather than load. To look through the Easter effect, it is necessary to aggregate March and April. In doing so, load factor reduction was 0.6 points, premium traffic increased by 0.6 per cent and non-premium traffic decreased by 3.2 per cent.

§ Underlying market conditions remain unchanged from those described at the publication of Quarter Four results on 28th February.

 

May 8th, 2013

 

 

 

STRATEGIC DEVELOPMENTS

On April 23, IAG announced that Vueling will become part of the group, after the majority of its shareholders accepted IAG's cash tender offer for the airline, following recommendation by the Vueling board. IAG group owns 90.51 per cent of Vueling which is a standalone company within IAG with its chief executive Alex Cruz reporting into IAG chief executive Willie Walsh. The acquisition was completed on April 26, 2013.

On April 22, IAG announced that it has placed firm orders for 18 Airbus A350-1000, plus 18 options for British Airways. These are in addition to 18 Boeing 787 options which IAG announced previously that it plans to convert into firm orders. The A350 and Boeing 787 firm orders will be used to replace 30 Boeing 747-400 aircraft between 2017 and 2023. For Iberia, IAG reached agreement with Airbus as well as Boeing to secure commercial terms and delivery slots that could lead to firm orders for A350s and/or Boeing 787s. Firm orders will only be made when the airline is in a position to grow profitably, having restructured and reduced its cost base.  

On April 30, the UK Civil Aviation Authority (CAA) published its initial proposals on airport charges at London airports for five years from 2014. The CAA has proposed Heathrow charges at inflation minus 1.3 per cent level. At Gatwick, it has set out a cap at inflation plus 1 per cent. In response, Willie Walsh, chief executive of IAG, said that "Heathrow is over-priced, over-rewarded and inefficient and these proposals, which will result in an increase in prices, fail to address this situation". He added that Heathrow "is now the most expensive hub airport in the world". The CAA will make its final proposals in September 2013 with a decision on the licence conditions made in January 2014.

 

 

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 the primary risks to the Company and its risk management process is given in the Annual Report and Accounts 2012; this document is available on www.iagshares.com.

 

 

 

 

Group Performance

 

Month of April

 

Year to Date


2013

2012*

Change


2013

2012

Change









Passengers Carried ('000s)

4,371

4,483

-2.5%


16,143

15,866

1.7%

Domestic (UK & Spain)

842

933

-9.8%


3,186

3,277

-2.8%

Europe

1,994

1,933

3.2%


7,049

6,603

6.8%

North America

729

733

-0.5%


2,468

2,476

-0.3%

Latin America & Caribbean

313

375

-16.5%


1,396

1,553

-10.1%

Africa, Middle East & S.Asia

360

374

-3.7%


1,534

1,467

4.6%

Asia Pacific

133

135

-1.5%


510

490

4.1%









Revenue Passenger Km (millions)

13,805

14,621

-5.6%


52,780

53,778

-1.9%

Domestic (UK & Spain)

508

603

-15.8%


1,921

2,085

-7.9%

Europe

2,355

2,385

-1.3%


8,119

7,911

2.6%

North America

4,920

4,942

-0.4%


16,731

16,802

-0.4%

Latin America & Caribbean

2,638

3,116

-15.3%


11,658

12,982

-10.2%

Africa, Middle East & S.Asia

2,061

2,214

-6.9%


9,222

9,020

2.2%

Asia Pacific

1,323

1,361

-2.8%


5,129

4,978

3.0%









Available Seat Km (millions)

17,431

17,951

-2.9%


67,790

69,398

-2.3%

Domestic (UK & Spain)

738

789

-6.5%


2,909

2,844

2.3%

Europe

3,059

3,119

-1.9%


11,205

11,326

-1.1%

North America

5,935

5,839

1.6%


20,950

21,476

-2.4%

Latin America & Caribbean

3,276

3,701

-11.5%


14,110

15,407

-8.4%

Africa, Middle East & S.Asia

2,734

2,820

-3.0%


12,093

11,993

0.8%

Asia Pacific

1,689

1,683

0.4%


6,523

6,352

2.7%









Passenger Load Factor (%)

79.2

81.4

-2.2 pts


77.9

77.5

+0.4 pts

Domestic (UK & Spain)

68.8

76.4

-7.6 pts


66.0

73.3

-7.3 pts

Europe

77.0

76.5

+0.5 pts


72.5

69.8

+2.7 pts

North America

82.9

84.6

-1.7 pts


79.9

78.2

+1.7 pts

Latin America & Caribbean

80.5

84.2

-3.7 pts


82.6

84.3

-1.7 pts

Africa, Middle East & S.Asia

75.4

78.5

-3.1 pts


76.3

75.2

+1.1 pts

Asia Pacific

78.3

80.9

-2.6 pts


78.6

78.4

+0.2 pts









Cargo and Total Capacity (millions)








Cargo Tonne Km

468

503

-7.0%


1,832

1,985

-7.7%

Total Revenue Tonne Km

1,783

1,880

-5.2%


6,898

7,098

-2.8%

Available Tonne Km

2,470

2,533

-2.5%


9,684

9,875

-1.9%









Overall Load Factor

72.2

74.2

-2.0 pts


71.2

71.9

-0.7 pts

















 

Performance by Airline

 

 

Month of April


 

Year to Date

 

IBERIA

 

2013

 

2012

 

Change


 

2013

 

2012

 

Change

Revenue Passenger Km (millions)

3,254

4,031

-19.3%


12,928

15,438

-16.3%

Available Seat Km (millions)

4,206

4,837

-13.0%


16,668

19,029

-12.4%

Cargo Tonne Km (millions)

90

96

-6.3%


332

406

-18.2%









BRITISH AIRWAYS*








Revenue Passenger Km (millions)

10,551

10,589

-0.4%


39,853

38,340

3.9%

Available Seat Km (millions)

13,225

13,116

0.8%


51,122

50,372

1.5%

Cargo Tonne Km (millions)

378

407

-7.1%


1,500

1,579

-5.0%

 

 

 

* British Airways figures for 2012 include 10 days of bmi


This information is provided by RNS
The company news service from the London Stock Exchange
 
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