§ In October 2013, Group traffic measured in Revenue Passenger Kilometres increased by 8.9 per cent versus October 2012 (up 1.1 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 8.0 per cent (down 0.1 per cent on a pro-forma basis).
§ Group premium traffic for the month of October increased by 4.0 per cent compared to the previous year, on falling capacity.
§ For current outlook please see Quarter Three results presentation.
8 November 2013
STRATEGIC DEVELOPMENTS
On 29 October, Qatar Airways joined oneworld, becoming the first major Gulf carrier to join a global airline alliance. British Airways was its sponsor into the alliance. The airline serves more than 130 destinations in 70 countries. The addition of Qatar Airways to oneworld enhances the alliance's network and product offerings in one of the world's fastest growing regions for air travel demand.
British Airways announced that its hand-baggage only and new semi-flex fare options are now available across its short-haul network of more than 90 destinations.
On 15 October, Iberia unveiled its new corporate image as part of its transformation plan which aims to reshape the company into a modern, competitive and trend-setting airline. In mid-November Iberia will start to operate its fifth Airbus A330, which will be the first with the new livery in place.
Vueling will offer seven new destinations from Barcelona-El Prat airport in the summer 2014 season: Dakar, Warsaw, Leipzig, Budapest, Belgrade and Porto and Jerez. With these new routes, Vueling will have a total of 111 destinations from Barcelona to Europe, North Africa and Middle East.
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 International Consolidated Airlines Group S.A. (the 'Group') plans and objectives for future operations, including, without limitation, discussions of the Group'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 Group on the date of this report. The Group 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 Group'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 of the business and the risk management process of the Group is given in the Annual Report and Accounts 2012; this document is available on www.iagshares.com.
Group Performance1
|
Month of October |
|
Year to Date |
||||||
|
2013 |
2012 |
Change |
Pro-forma2 |
|
2013 |
2012 |
Change |
Pro-forma3 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
6,254 |
4,901 |
27.6% |
1.9% |
|
56,708 |
46,384 |
22.3% |
1.8% |
Domestic (UK & Spain) |
1,599 |
1,117 |
43.2% |
-7.8% |
|
13,664 |
10,198 |
34.0% |
-6.6% |
Europe |
2,949 |
2,124 |
38.8% |
7.9% |
|
26,721 |
19,694 |
35.7% |
9.1% |
North America |
789 |
739 |
6.8% |
|
|
7,388 |
7,249 |
1.9% |
|
Latin America & Caribbean |
346 |
387 |
-10.6% |
|
|
3,475 |
3,948 |
-12.0% |
|
Africa, Middle East & S.Asia |
421 |
398 |
5.8% |
|
|
4,067 |
3,988 |
2.0% |
|
Asia Pacific |
150 |
136 |
10.3% |
|
|
1,393 |
1,307 |
6.6% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
16,568 |
15,212 |
8.9% |
1.1% |
|
156,788 |
149,146 |
5.1% |
-0.7% |
Domestic (UK & Spain) |
1,053 |
705 |
49.4% |
-8.6% |
|
8,780 |
6,458 |
36.0% |
-7.3% |
Europe |
3,537 |
2,615 |
35.3% |
6.2% |
|
32,126 |
24,242 |
32.5% |
7.8% |
North America |
5,284 |
4,996 |
5.8% |
|
|
49,763 |
48,916 |
1.7% |
|
Latin America & Caribbean |
2,910 |
3,246 |
-10.4% |
|
|
29,219 |
33,022 |
-11.5% |
|
Africa, Middle East & S.Asia |
2,304 |
2,285 |
0.8% |
|
|
23,021 |
23,327 |
-1.3% |
|
Asia Pacific |
1,480 |
1,365 |
8.4% |
|
|
13,879 |
13,181 |
5.3% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
20,398 |
18,887 |
8.0% |
-0.1% |
|
192,632 |
184,452 |
4.4% |
-1.5% |
Domestic (UK & Spain) |
1,363 |
947 |
43.9% |
-9.5% |
|
11,547 |
8,563 |
34.8% |
-6.6% |
Europe |
4,476 |
3,325 |
34.6% |
4.9% |
|
40,830 |
31,961 |
27.7% |
4.4% |
North America |
6,174 |
5,906 |
4.5% |
|
|
58,439 |
58,240 |
0.3% |
|
Latin America & Caribbean |
3,541 |
4,012 |
-11.7% |
|
|
35,169 |
39,023 |
-9.9% |
|
Africa, Middle East & S.Asia |
3,035 |
3,005 |
1.0% |
|
|
29,758 |
30,233 |
-1.6% |
|
Asia Pacific |
1,809 |
1,692 |
6.9% |
|
|
16,889 |
16,432 |
2.8% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
81.2 |
80.5 |
+0.7 pts |
+0.9 pts |
|
81.4 |
80.9 |
+0.5 pts |
+0.7 pts |
Domestic (UK & Spain) |
77.3 |
74.4 |
+2.9 pts |
+0.8 pts |
|
76.0 |
75.4 |
+0.6 pts |
-0.6 pts |
Europe |
79.0 |
78.6 |
+0.4 pts |
+0.9 pts |
|
78.7 |
75.8 |
+2.9 pts |
+2.4 pts |
North America |
85.6 |
84.6 |
+1.0 pts |
|
|
85.2 |
84.0 |
+1.2 pts |
|
Latin America & Caribbean |
82.2 |
80.9 |
+1.3 pts |
|
|
83.1 |
84.6 |
-1.5 pts |
|
Africa, Middle East & S.Asia |
75.9 |
76.0 |
-0.1 pts |
|
|
77.4 |
77.2 |
+0.2 pts |
|
Asia Pacific |
81.8 |
80.7 |
+1.1 pts |
|
|
82.2 |
80.2 |
+2.0 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo and Total Capacity (m) |
|
|
|
|
|
|
|
|
|
Cargo Tonne Km |
492 |
530 |
-7.2% |
|
|
4,642 |
5,049 |
-8.1% |
|
Total Revenue Tonne Km |
1,923 |
1,975 |
-2.6% |
|
|
18,557 |
19,250 |
-3.6% |
|
Available Tonne Km |
2,625 |
2,652 |
-1.0% |
|
|
25,377 |
26,009 |
-2.4% |
|
|
|
|
|
|
|
|
|
|
|
Overall Load Factor |
73.3 |
74.5 |
-1.2 pts |
|
|
73.1 |
74.0 |
-0.9 pts |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline
|
Month of October |
|
Year to Date |
||||||
VUELING |
2013 |
2012 |
Change |
Pro-forma |
|
2013 |
2012 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
1,510 |
0 |
n/a |
27.6% |
|
11,189 |
0 |
n/a |
28.1% |
Available Seat Km (m) |
1,862 |
0 |
n/a |
22.3% |
|
13,684 |
0 |
n/a |
23.2% |
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
|
|
|
|
|
|
|
|
|
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
3,524 |
4,267 |
-17.4% |
|
|
35,245 |
42,475 |
-17.0% |
|
Available Seat Km (m) |
4,407 |
5,366 |
-17.9% |
|
|
44,231 |
51,484 |
-14.1% |
|
Cargo Tonne Km (m) |
94 |
109 |
-13.8% |
|
|
817 |
972 |
-15.9% |
|
|
|
|
|
|
|
|
|
|
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
11,534 |
10,945 |
5.4% |
|
|
110,344 |
106,668 |
3.4% |
|
Available Seat Km (m) |
14,129 |
13,521 |
4.5% |
|
|
134,717 |
132,974 |
1.3% |
|
Cargo Tonne Km (m) |
398 |
421 |
-5.5% |
|
|
3,825 |
4,077 |
-6.2% |
|
1 Group performance comprises British Airways, Iberia (including Iberia Express) and Vueling. Year to Date 2013 includes Vueling from 26th April 2013. Vueling traffic is currently accounted as non-premium traffic.
2 Monthly pro-forma includes Vueling in the baseline.
3 For Year to Date pro-forma, Vueling data is only included from 26th April 2012/13.