§ In October 2014, Group traffic measured in Revenue Passenger Kilometres increased by 7.5 per cent versus October 2013; Group capacity measured in Available Seat Kilometres rose by 7.7 per cent.
§ Group premium traffic for the month of October increased by 6.9 per cent compared to the previous year.
7 November 2014
STRATEGIC DEVELOPMENTS
On 9 October, Avios and the UK regional airline Flybe announced a new partnership. Flybe has integrated its frequent flyer programme into the Avios Travel Rewards Programme, bringing added benefits to existing members. Flybe had around 700,000 active members in its Rewards4all programme which was closed at the end of October. This has allowed Avios to grow its member base and its business in the UK.
On 30 October, Iberia took delivery of its first A320 equipped with winglets. In total, nine A320 will feature winglets increasing the fuel efficiency of the airline's shorthaul fleet.
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 October |
|
Year to Date |
||||||
|
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma2 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
6,899 |
6,254 |
10.3% |
|
|
65,806 |
56,708 |
16.0% |
8.8% |
Domestic (UK, Spain & Italy) |
1,802 |
1,599 |
12.7% |
|
|
16,862 |
13,664 |
23.4% |
8.2% |
Europe |
3,304 |
2,924 |
13.0% |
|
|
31,549 |
26,490 |
19.1% |
11.4% |
North America |
816 |
789 |
3.4% |
|
|
7,711 |
7,388 |
4.4% |
|
Latin America & Caribbean |
366 |
346 |
5.8% |
|
|
3,489 |
3,475 |
0.4% |
|
Africa, Middle East & S.Asia |
447 |
446 |
0.2% |
|
|
4,666 |
4,298 |
8.6% |
|
Asia Pacific |
164 |
150 |
9.3% |
|
|
1,529 |
1,393 |
9.8% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
17,805 |
16,568 |
7.5% |
|
|
171,342 |
156,788 |
9.3% |
6.8% |
Domestic (UK, Spain & Italy) |
1,186 |
1,053 |
12.6% |
|
|
11,184 |
8,780 |
27.4% |
9.3% |
Europe |
3,939 |
3,448 |
14.2% |
|
|
37,721 |
31,300 |
20.5% |
12.9% |
North America |
5,468 |
5,284 |
3.5% |
|
|
51,826 |
49,763 |
4.1% |
|
Latin America & Caribbean |
3,121 |
2,910 |
7.3% |
|
|
29,691 |
29,219 |
1.6% |
|
Africa, Middle East & S.Asia |
2,473 |
2,393 |
3.3% |
|
|
25,810 |
23,847 |
8.2% |
|
Asia Pacific |
1,618 |
1,480 |
9.3% |
|
|
15,110 |
13,879 |
8.9% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
21,969 |
20,398 |
7.7% |
|
|
212,203 |
192,632 |
10.2% |
7.5% |
Domestic (UK, Spain & Italy) |
1,509 |
1,363 |
10.7% |
|
|
14,446 |
11,547 |
25.1% |
8.0% |
Europe |
4,956 |
4,378 |
13.2% |
|
|
47,877 |
39,873 |
20.1% |
12.1% |
North America |
6,425 |
6,174 |
4.1% |
|
|
62,283 |
58,439 |
6.6% |
|
Latin America & Caribbean |
3,865 |
3,541 |
9.1% |
|
|
36,232 |
35,169 |
3.0% |
|
Africa, Middle East & S.Asia |
3,275 |
3,133 |
4.5% |
|
|
33,060 |
30,715 |
7.6% |
|
Asia Pacific |
1,939 |
1,809 |
7.2% |
|
|
18,305 |
16,889 |
8.4% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
81.0 |
81.2 |
-0.2 pts |
|
|
80.7 |
81.4 |
-0.7 pts |
-0.6 pts |
Domestic (UK, Spain & Italy) |
78.6 |
77.3 |
+1.3 pts |
|
|
77.4 |
76.0 |
+1.4 pts |
+0.9 pts |
Europe |
79.5 |
78.8 |
+0.7 pts |
|
|
78.8 |
78.5 |
+0.3 pts |
+0.6 pts |
North America |
85.1 |
85.6 |
-0.5 pts |
|
|
83.2 |
85.2 |
-2.0 pts |
|
Latin America & Caribbean |
80.8 |
82.2 |
-1.4 pts |
|
|
81.9 |
83.1 |
-1.2 pts |
|
Africa, Middle East & S.Asia |
75.5 |
76.4 |
-0.9 pts |
|
|
78.1 |
77.6 |
+0.5 pts |
|
Asia Pacific |
83.4 |
81.8 |
+1.6 pts |
|
|
82.5 |
82.2 |
+0.3 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
480 |
492 |
-2.4% |
|
|
4,503 |
4,642 |
-3.0% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline
|
Month of October |
|
Year to Date |
||||||
VUELING |
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
1,918 |
1,510 |
27.0% |
|
|
18,768 |
11,189 |
67.7% |
26.6% |
Available Seat Km (m) |
2,350 |
1,862 |
26.2% |
|
|
23,247 |
13,684 |
69.9% |
25.8% |
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
|
|
|
|
|
|
|
|
|
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
3,734 |
3,524 |
6.0% |
|
|
35,912 |
35,245 |
1.9% |
|
Available Seat Km (m) |
4,759 |
4,407 |
8.0% |
|
|
45,458 |
44,231 |
2.8% |
|
Cargo Tonne Km (m) |
98 |
94 |
4.3% |
|
|
805 |
817 |
-1.5% |
|
|
|
|
|
|
|
|
|
|
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
12,153 |
11,534 |
5.4% |
|
|
116,662 |
110,354 |
5.7% |
|
Available Seat Km (m) |
14,860 |
14,129 |
5.2% |
|
|
143,498 |
134,717 |
6.5% |
|
Cargo Tonne Km (m) |
382 |
398 |
-4.0% |
|
|
3,698 |
3,825 |
-3.3% |
|
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.