Traffic Statistics May 2012

RNS Number : 9232E

International Cons Airlines Group

07 June 2012

 



INTERNATIONAL AIRLINES GROUP

MAY 2012 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ In May 2012, Group traffic measured in Revenue Passenger Kilometres rose by 6.6 per cent versus May 2011 (up 3.8 per cent on a like for like basis); Group capacity measured in Available Seat Kilometres was up 5.9 per cent (up 2.5 per cent on a like for like basis).

§ Group premium traffic for the month of May grew by 1.7 per cent compared to the previous year, with 7.5 per cent growth in non-premium traffic.

§ Trends for June appear stronger than those in May.  Underlying market conditions at our London Heathrow hub continue to be firm, particularly in long haul premium.  However, commercial performance at our Madrid hub has deteriorated further due to the ongoing effects of the Spanish and wider Eurozone macroeconomic conditions and, the after-effects of prolonged industrial action.

June 7^th, 2012

STRATEGIC DEVELOPMENTS

On May 25^th, IAG and Japan Airlines' (JAL) joint business was granted anti-trust immunity from the Japanese Ministry of Land, Infrastructure, Transport and Tourism. The agreement will allow British Airways and JAL to cooperate commercially on flights between the EU and Japan.

On June 1^st, IAG completed the sale of bmi Regional to Sector Aviation Holdings Ltd. This follows the binding agreement signed on May for a total consideration of £8 million in cash.

The arbiter appointed by the Spanish government announced its binding resolution on the arbitration process between Iberia and its pilots. Iberia is studying the report fully and will provide more detailed comment in due course.

Recently, Iberia Express launched European flights with routes from Madrid to Dublin and Naples. It also added new domestic flights to Fuerteventura, La Palma and Santiago de Compostela. This brings to 14 the total number of destinations offered by the airline.

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 2011; this document is available on www.iagshares.com.

INTERNATIONAL AIRLINES GROUP Group Performance 1		Month of May					Year to Date
	2012		2011	Change	Like for like change 2		2012	2011	Change	Like for like change 2
Passengers Carried ('000s)	4,807		4,400	9.3%	3.6%	20,675		20,283	1.9%	0.3%
Domestic (UK & Spain)	1,097		911	20.4%		4,374		4,557	-4.0%
Europe	2,053		1,954	5.1%		8,658		8,487	2.0%
North America	779		735	6.0%		3,257		3,000	8.6%
Latin America & Caribbean	376		377	-0.3%		1,927		1,938	-0.6%
Africa, Middle East & S.Asia	382		308	24.0%		1,847		1,704	8.4%
Asia Pacific	120		115	4.3%		612		597	2.5%
Revenue Passenger Km (millions)	15,000		14,076	6.6%	3.8%	68,767		65,907	4.3%	3.5%
Domestic (UK & Spain)	674		557	21.0%		2,760		2,796	-1.3%
Europe	2,517		2,426	3.8%		10,430		10,399	0.3%
North America	5,269		4,929	6.9%		22,073		20,133	9.6%
Latin America & Caribbean	3,132		3,118	0.4%		16,099		15,919	1.1%
Africa, Middle East & S.Asia	2,203		1,877	17.4%		11,222		10,521	6.7%
Asia Pacific	1,205		1,169	3.1%		6,183		6,139	0.7%
Available Seat Km (millions)	19,087		18,026	5.9%	2.5%	88,471		86,795	1.9%	1.0%
Domestic (UK & Spain)	921		748	23.1%		3,767		3,991	-5.6%
Europe	3,388		3,241	4.5%		14,714		15,074	-2.4%
North America	6,196		5,877	5.4%		27,678		26,226	5.5%
Latin America & Caribbean	3,857		3,930	-1.9%		19,243		19,333	-0.5%
Africa, Middle East & S.Asia	3,050		2,680	13.8%		15,042		14,291	5.3%
Asia Pacific	1,675		1,550	8.1%		8,027		7,880	1.9%
Passenger Load Factor (%)	78.6		78.1	+0.5 pts	+1.0 pts	77.7		75.9	+1.8 pts	+2.0 pts
Domestic (UK & Spain)	73.2		74.5	-1.3 pts		73.3		70.1	+3.2 pts
Europe	74.3		74.9	-0.6 pts		70.9		69.0	+1.9 pts
North America	85.0		83.9	+1.1 pts		79.7		76.8	+2.9 pts
Latin America & Caribbean	81.2		79.3	+1.9 pts		83.7		82.3	+1.4 pts
Africa, Middle East & S.Asia	72.2		70.0	+2.2 pts		74.6		73.6	+1.0 pts
Asia Pacific	71.9		75.4	-3.5 pts		77.0		77.9	-0.9 pts
Cargo and Total Capacity (millions)
Cargo Tonne Km	517		534	-3.2%	-4.6%	2,503		2,562	-2.3%	-2.6%
Total Revenue Tonne Km	1,946		1,871	4.0%		9,058		8,823	2.7%
Available Tonne Km	2,683		2,544	5.5%		12,575		12,228	2.8%
Overall Load Factor	72.5		73.5	-1.0 pts	-1.1 pts	72.0		72.2	-0.2 pts	-0.2 pts
Performance by Airline	Month of May					Year to Date
IBERIA GROUP    3	2012		2011	Change		2012		2011	Change
Revenue Passenger Km (millions)	4,146		4,220	-1.8%		19,562		20,608	-5.1%
Available Seat Km (millions)	5,162		5,255	-1.8%		24,160		25,922	-6.8%
Cargo Tonne Km (millions)	93		110	-15.5%		498		566	-12.0%
BRITISH AIRWAYS GROUP 3	2012		2011	Change	Like for like change 2		2012	2011	Change	Like for like change 2
Revenue Passenger Km (millions)	10,853		9,856	10.1%	6.1%	49,206		45,299	8.6%	7.4%
Available Seat Km (millions)	13,925		12,771	9.0%	4.2%	64,311		60,873	5.6%	4.3%
Cargo Tonne Km (millions)	424		424	0.0%	-1.7%	2,005		1,996	0.5%	0.0%

Notes:

[1] Group Performance comprises British Airways (including bmi Mainline, excluding bmi Regional and bmibaby ) and Iberia (including Iberia Express).  Year to Date 2012 includes bmi Mainline from 20 April 2012.

2 Like for like change compares 2012 IAG, excluding the impact of bmi on British Airways; against the 2011 reported IAG

³ Iberia Performance includes Iberia Express.  British Airways Performance excludes bmi Regional and bmibaby

 

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