§ In August 2014, Group traffic measured in Revenue Passenger Kilometres increased by 8.7 per cent versus August 2013; Group capacity measured in Available Seat Kilometres rose by 9.5 per cent.
§ Group premium traffic for the month of August increased by 8.7 per cent compared to the previous year.
3 September 2014
STRATEGIC DEVELOPMENTS
British Airways and Iberia have jointly launched a new product which allows customers to hold a reservation and a fare for up to 72 hours before deciding to purchase tickets. It applies to bookings for all flights operated by British Airways, Iberia, Iberia Express and Air Nostrum. The new scheme is designed to give travellers the time to make sure they're happy with their flight choices before paying.
On 1 September, Iberia resumed its flights between Madrid and Montevideo as well as Santo Domingo. The airline is offering four weekly services to the Uruguayan capital and five flights per week to the capital of the Dominican Republic. Iberia operates more than 200 weekly flights between Madrid and 16 Latin American destinations.
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 August |
|
Year to Date |
||||||
|
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma2 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
8,106 |
7,329 |
10.6% |
|
|
51,427 |
43,713 |
17.6% |
8.3% |
Domestic (UK, Spain & Italy) |
2,029 |
1,844 |
10.0% |
|
|
13,134 |
10,352 |
26.9% |
7.0% |
Europe |
4,113 |
3,634 |
13.2% |
|
|
24,533 |
20,287 |
20.9% |
10.9% |
North America |
894 |
837 |
6.8% |
|
|
6,060 |
5,793 |
4.6% |
|
Latin America & Caribbean |
361 |
355 |
1.7% |
|
|
2,748 |
2,780 |
-1.2% |
|
Africa, Middle East & S.Asia |
534 |
502 |
6.4% |
|
|
3,753 |
3,404 |
10.3% |
|
Asia Pacific |
175 |
157 |
11.5% |
|
|
1,199 |
1,097 |
9.3% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
20,053 |
18,444 |
8.7% |
|
|
134,786 |
122,945 |
9.6% |
6.5% |
Domestic (UK, Spain & Italy) |
1,381 |
1,237 |
11.6% |
|
|
8,748 |
6,629 |
32.0% |
8.3% |
Europe |
5,101 |
4,469 |
14.1% |
|
|
29,245 |
23,880 |
22.5% |
12.6% |
North America |
5,988 |
5,620 |
6.5% |
|
|
40,762 |
39,074 |
4.3% |
|
Latin America & Caribbean |
3,048 |
2,970 |
2.6% |
|
|
23,344 |
23,334 |
0.0% |
|
Africa, Middle East & S.Asia |
2,812 |
2,601 |
8.1% |
|
|
20,833 |
19,082 |
9.2% |
|
Asia Pacific |
1,723 |
1,547 |
11.4% |
|
|
11,854 |
10,946 |
8.3% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
23,676 |
21,622 |
9.5% |
|
|
168,053 |
151,770 |
10.7% |
7.3% |
Domestic (UK, Spain & Italy) |
1,706 |
1,502 |
13.6% |
|
|
11,383 |
8,817 |
29.1% |
6.9% |
Europe |
6,090 |
5,351 |
13.8% |
|
|
37,478 |
30,665 |
22.2% |
11.9% |
North America |
6,844 |
6,310 |
8.5% |
|
|
49,422 |
46,109 |
7.2% |
|
Latin America & Caribbean |
3,768 |
3,585 |
5.1% |
|
|
28,631 |
28,211 |
1.5% |
|
Africa, Middle East & S.Asia |
3,332 |
3,102 |
7.4% |
|
|
26,660 |
24,590 |
8.4% |
|
Asia Pacific |
1,936 |
1,772 |
9.3% |
|
|
14,479 |
13,378 |
8.2% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
84.7 |
85.3 |
-0.6 pts |
|
|
80.2 |
81.0 |
-0.8 pts |
-0.6 pts |
Domestic (UK, Spain & Italy) |
80.9 |
82.4 |
-1.5 pts |
|
|
76.9 |
75.2 |
+1.7 pts |
+1.0 pts |
Europe |
83.8 |
83.5 |
+0.3 pts |
|
|
78.0 |
77.9 |
+0.1 pts |
+0.5 pts |
North America |
87.5 |
89.1 |
-1.6 pts |
|
|
82.5 |
84.7 |
-2.2 pts |
|
Latin America & Caribbean |
80.9 |
82.8 |
-1.9 pts |
|
|
81.5 |
82.7 |
-1.2 pts |
|
Africa, Middle East & S.Asia |
84.4 |
83.8 |
+0.6 pts |
|
|
78.1 |
77.6 |
+0.5 pts |
|
Asia Pacific |
89.0 |
87.3 |
+1.7 pts |
|
|
81.9 |
81.8 |
+0.1 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
438 |
459 |
-4.6% |
|
|
3,584 |
3,683 |
-2.7% |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline
|
Month of August |
|
Year to Date |
||||||
VUELING |
2014 |
2013 |
Change |
|
|
2014 |
2013 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
2,898 |
2,282 |
27.0% |
|
|
14,475 |
7,794 |
n/a |
26.7% |
Available Seat Km (m) |
3,399 |
2,632 |
29.1% |
|
|
18,054 |
9,575 |
n/a |
25.7% |
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
|
|
|
|
|
|
|
|
|
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
4,104 |
3,946 |
4.0% |
|
|
28,184 |
28,002 |
0.6% |
|
Available Seat Km (m) |
5,149 |
4,851 |
6.1% |
|
|
35,892 |
35,355 |
1.5% |
|
Cargo Tonne Km (m) |
77 |
74 |
4.1% |
|
|
626 |
648 |
-3.4% |
|
|
|
|
|
|
|
|
|
|
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
13,051 |
12,216 |
6.8% |
|
|
92,127 |
87,149 |
5.7% |
|
Available Seat Km (m) |
15,128 |
14,139 |
7.0% |
|
|
114,107 |
106,840 |
6.8% |
|
Cargo Tonne Km (m) |
361 |
385 |
-6.2% |
|
|
2,958 |
3,035 |
-2.5% |
|
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.