Traffic Statistics March 2011

RNS Number : 3461E
International Cons Airlines Group
05 April 2011
 



 

 

IAG - INTERNATIONAL AIRLINES GROUP

MARCH 2011 - GROUP TRAFFIC AND CAPACITY STATISTICS

 

§ In March 2011, Group traffic measured in Revenue Passenger Kilometres rose by 8.8 per cent versus March 2010, capacity measured in Available Seat Kilometres was up 11.5 per cent.  

§ Taking account of disruption in March 2010, underlying traffic growth and capacity continue the same trend as February.

§ Group premium traffic for the month of March grew by 18.1 per cent compared to the previous year, with 6.7 per cent growth in non-premium traffic.  We estimate that the recovery from strike disruption in March 2010 accounts for roughly half this month's premium traffic growth: the underlying trend appears slightly better than last month.

§ The Spanish short haul market continues to be highly competitive.  In addition, volumes in long haul markets from Madrid have not kept pace with capacity increases in the market this month and therefore for the quarter, although forward bookings for April and May are more positive.

 

 

 

Strategic Developments

 

IAG has reached agreement with Airbus to purchase eight A330-300 aircraft and options for up to eight A330 family aircraft for Iberia's long haul fleet. The aircraft will be delivered between Autumn 2012 and Spring 2014 replacing up to 16 A340 aircraft.

The joint business between American Airlines, British Airways and Iberia now delivers more benefits to customers across the North Atlantic.  From March 27, American Airlines and British Airways created UK-US transatlantic 'shuttle' services on top UK-US routes by aligning schedules between Heathrow and New York, Chicago and Miami, removing overlapping timings and providing a better spread of services.

British Airways launched flights from Gatwick to Marrakech in Morocco and San Juan in Puerto Rico, as well as changing Heathrow to Buenos Aires to a daily, non-stop service.  Iberia launched three per week services from Madrid to Los Angeles and Barcelona to Miami.  

Iberia Maintenance has converted an Airbus A330-200 passenger airliner into a Multi Role Tanker Transport (MRTT), equipped for mid-air refuelling for Airbus Military. It is the first time such a complex task has been performed in Spain and is part of the strategy of reorienting the maintenance business towards technologically challenging and high value-added activities.

 

April 5th, 2011

 

 

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.

 

 

 

Group Performance

Month of March

Year to Date









2011

2010

Change

2011

2010

Change








Passengers Carried ('000s)

4,165

3,918

6.3%

11,526

11,172

3.2%

Domestic (UK & Spain)

993

1,013

-1.9%

2,727

2,822

-3.4%

Europe

1,730

1,568

10.3%

4,643

4,410

5.3%

North America

586

536

9.4%

1,572

1,472

6.8%

Latin America & Caribbean

391

346

13.0%

1,167

1,050

11.2%

Africa & Middle East

340

349

-2.5%

1,056

1,078

-2.0%

Asia & Pacific

125

106

18.2%

361

340

6.4%








Revenue Passenger Km (millions)

13,247

12,178

8.8%

37,768

35,775

5.6%

Domestic (UK & Spain)

602

616

-2.1%

1,656

1,727

-4.1%

Europe

2,105

1,959

7.4%

5,624

5,427

3.6%

North America

3,933

3,586

9.7%

10,577

9,884

7.0%

Latin America & Caribbean

3,186

2,852

11.7%

9,559

8,649

10.5%

Africa & Middle East

2,126

2,085

2.0%

6,619

6,564

0.8%

Asia & Pacific

1,295

1,080

19.9%

3,733

3,524

5.9%








Available Seat Km (millions)

17,660

15,837

11.5%

51,118

46,858

9.1%

Domestic (UK & Spain)

861

871

-1.2%

2,468

2,563

-3.7%

Europe

3,037

2,841

6.9%

8,688

8,263

5.2%

North America

5,143

4,543

13.2%

14,781

13,025

13.5%

Latin America & Caribbean

3,885

3,394

14.5%

11,444

9,978

14.7%

Africa & Middle East

3,021

2,905

4.0%

8,957

8,805

1.7%

Asia & Pacific

1,713

1,283

33.5%

4,780

4,224

13.2%








Passenger Load Factor (%)

75.0

76.9

-1.9 pts

73.9

76.3

-2.4 pts

Domestic (UK & Spain)

70.0

70.7

-0.7 pts

67.1

67.4

-0.3 pts

Europe

69.3

69.0

+0.3 pts

64.7

65.7

-1.0 pts

North America

76.5

78.9

-2.4 pts

71.6

75.9

-4.3 pts

Latin America & Caribbean

82.0

84.0

-2.0 pts

83.5

86.7

-3.2 pts

Africa & Middle East

70.4

71.8

-1.4 pts

73.9

74.6

-0.7 pts

Asia & Pacific

75.6

84.2

-8.6 pts

78.1

83.4

-5.3 pts








Cargo and Total Capacity (millions)







Cargo Tonne Km

559

529

5.6%

1,514

1,413

7.1%

Total Revenue Tonne Km

1,815

1,685

7.7%

5,107

4,828

5.8%

Available Tonne Km

2,495

2,288

9.1%

7,196

6,573

9.5%








Overall Load Factor

72.7

73.6

-0.9 pts

71.0

73.5

-2.5 pts

 

 














Performance by Airline

Month of March

Year to Date









2011

2010

Change

2011

2010

Change








IBERIA







Revenue Passenger Km (millions)

4,183

4,074

2.7%

12,015

11,605

3.5%

Available Seat Km (millions)

5,295

4,984

6.2%

15,355

14,360

6.9%

Cargo Tonne Km (millions)

125

113

10.5%

348

298

17.0%








BRITISH AIRWAYS







Revenue Passenger Km (millions)

9,064

8,103

11.9%

25,752

24,169

6.6%

Available Seat Km (millions)

12,364

10,852

13.9%

35,763

32,497

10.0%

Cargo Tonne Km (millions)

433

416

4.3%

1,166

1,116

4.5%















 

 


This information is provided by RNS
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