§ In April 2014, Group traffic measured in Revenue Passenger Kilometres increased by 18.0 per cent versus March 2013 (up 9.5 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 16.6 per cent (up 7.6 per cent on a pro-forma basis).
§ Group premium traffic for the month of April increased by 4.0 per cent compared to the previous year.
§ For current outlook please see Quarter One results presentation.
9 May 2014
STRATEGIC DEVELOPMENTS
In April, Iberia signed labour agreements with its pilots, cabin crew and ground staff unions after ratification by the unions' assemblies. Iberia also announced that it is gradually re-opening some routes including long-haul services to Santo Domingo and Montevideo as well as short-haul flights to Istanbul, Amsterdam, Athens and Stockholm.
British Airways announced the location of the world's first facility to convert landfill waste to jet fuel. The airline has committed to buying all of the jet fuel from the plant being built in Essex by Solena Fuels which will go into production in 2017.
Vueling has announced new flights from France to Catania, Palermo and the new route between Rennes and Bastia. The airline will also operate from Barcelona to Thessaloniki and Yerevan (Armenia) and from Seville to Malta.
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, wheter 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 April |
|
Year to Date |
||||||
|
2014 |
2013 |
Change |
Pro-forma2 |
|
2014 |
2013 |
Change |
Pro-forma2 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
6,353 |
4,607 |
37.9% |
10.9% |
|
21,637 |
16,379 |
32.1% |
7.3% |
Domestic (UK, Spain & Italy) |
1,580 |
945 |
67.2% |
8.2% |
|
5,486 |
3,289 |
66.8% |
5.3% |
Europe |
3,060 |
2,101 |
45.6% |
13.4% |
|
9,825 |
7,094 |
38.5% |
10.1% |
North America |
771 |
729 |
5.8% |
|
|
2,599 |
2,468 |
5.3% |
|
Latin America & Caribbean |
333 |
313 |
6.4% |
|
|
1,344 |
1,396 |
-3.7% |
|
Africa, Middle East & S.Asia |
461 |
386 |
19.4% |
|
|
1,836 |
1,622 |
13.2% |
|
Asia Pacific |
148 |
133 |
11.3% |
|
|
547 |
510 |
7.3% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
16,590 |
14,061 |
18.0% |
9.5% |
|
59,810 |
53,047 |
12.7% |
5.5% |
Domestic (UK, Spain & Italy) |
1,076 |
583 |
84.6% |
12.3% |
|
3,670 |
1,997 |
83.8% |
6.5% |
Europe |
3,594 |
2,425 |
48.2% |
15.2% |
|
11,289 |
7,970 |
41.6% |
12.1% |
North America |
5,156 |
4,931 |
4.6% |
|
|
17,555 |
16,745 |
4.8% |
|
Latin America & Caribbean |
2,824 |
2,640 |
7.0% |
|
|
11,422 |
11,661 |
-2.0% |
|
Africa, Middle East & S.Asia |
2,474 |
2,156 |
14.7% |
|
|
10,428 |
9,540 |
9.3% |
|
Asia Pacific |
1,466 |
1,326 |
10.6% |
|
|
5,446 |
5,134 |
6.1% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
20,680 |
17,734 |
16.6% |
7.6% |
|
76,996 |
68,093 |
13.1% |
5.6% |
Domestic (UK, Spain & Italy) |
1,390 |
831 |
67.3% |
6.0% |
|
4,907 |
3,002 |
63.5% |
1.5% |
Europe |
4,565 |
3,167 |
44.1% |
10.5% |
|
15,114 |
11,028 |
37.1% |
9.0% |
North America |
6,244 |
5,935 |
5.2% |
|
|
22,578 |
20,950 |
7.8% |
|
Latin America & Caribbean |
3,461 |
3,276 |
5.6% |
|
|
14,020 |
14,110 |
-0.6% |
|
Africa, Middle East & S.Asia |
3,173 |
2,836 |
11.9% |
|
|
13,567 |
12,480 |
8.7% |
|
Asia Pacific |
1,847 |
1,689 |
9.4% |
|
|
6,810 |
6,523 |
4.4% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
80.2 |
79.3 |
+0.9 pts |
+1.3 pts |
|
77.7 |
77.9 |
-0.2 pts |
-0.1 pts |
Domestic (UK, Spain & Italy) |
77.4 |
70.2 |
+7.2 pts |
+4.3 pts |
|
74.8 |
66.5 |
+8.3 pts |
+3.5 pts |
Europe |
78.7 |
76.6 |
+2.1 pts |
+3.2 pts |
|
74.7 |
72.3 |
+2.4 pts |
+2.1 pts |
North America |
82.6 |
83.1 |
-0.5 pts |
|
|
77.8 |
79.9 |
-2.1 pts |
|
Latin America & Caribbean |
81.6 |
80.6 |
+1.0 pts |
|
|
81.5 |
82.6 |
-1.1 pts |
|
Africa, Middle East & S.Asia |
78.0 |
76.0 |
+2.0 pts |
|
|
76.9 |
76.4 |
+0.5 pts |
|
Asia Pacific |
79.4 |
78.5 |
+0.9 pts |
|
|
80.0 |
78.7 |
+1.3 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
432 |
468 |
-7.7% |
|
|
1,803 |
1,832 |
-1.6% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline
|
Month of April |
|
Year to Date |
||||||
VUELING |
2014 |
2013 |
Change |
Pro-forma |
|
2014 |
2013 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
1,736 |
230 |
n/a |
31.0% |
|
4,989 |
230 |
n/a |
29.2% |
Available Seat Km (m) |
2,156 |
302 |
n/a |
20.8% |
|
6,272 |
302 |
n/a |
23.2% |
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
|
|
|
|
|
|
|
|
|
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
3,452 |
3,254 |
6.1% |
|
|
12,683 |
12,928 |
-1.9% |
|
Available Seat Km (m) |
4,390 |
4,206 |
4.4% |
|
|
16,445 |
16,668 |
-1.3% |
|
Cargo Tonne Km (m) |
75 |
90 |
-16.7% |
|
|
317 |
332 |
-4.5% |
|
|
|
|
|
|
|
|
|
|
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
11,402 |
10,577 |
7.8% |
|
|
42,138 |
39,889 |
5.6% |
|
Available Seat Km (m) |
14,134 |
13,226 |
6.9% |
|
|
54,279 |
51,123 |
6.2% |
|
Cargo Tonne Km (m) |
357 |
378 |
-5.6% |
|
|
1,486 |
1,500 |
-0.9% |
|
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.