§ Group traffic in December, measured in Revenue Passenger Kilometres, increased by 3.9 per cent versus December 2015; Group capacity measured in Available Seat Kilometres rose by 3.1 per cent.
§ Group premium traffic for the month of December increased by 8.4 per cent compared to the previous year.
§ The Group's airlines carried more than 100 million passengers during 2016. The total number of passengers was 100,675,056.
9 January 2017
STRATEGIC DEVELOPMENTS
On 22 December, IAG announced that it plans to set up a next generation longhaul operation in Barcelona from June 2017 using two A330 aircraft. Destinations being considered include Los Angeles, San Francisco, Buenos Aires, Santiago de Chile, Havana and Tokyo. Options for the new operation include setting up a new airline or consider using existing resources from IAG's airlines. No final decision has yet been made.
Iberia and its subsidiary Iberia Express were the world's most punctual airlines in 2016 according to the latest ranking published by FlightStats. Iberia topped the ranking for major global airlines with 89.64 per cent of flights on time while Iberia Express achieved 96.34 per cent punctuality, the highest score among low cost carriers. Iberia's improvement in operational performance has been a key aspect of its restructuring.
This announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.
Enrique Dupuy, Chief Financial Officer, (responsible for arranging the release of this announcement).
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, 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 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 2015; these documents are available on www.iagshares.com.
Group Performance1
|
Month of December |
|
Year to Date |
||||||
|
2016 |
2015 |
Change |
|
|
2016 |
20154 |
Change |
Pro-forma2 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
7,065 |
6,735 |
4.9% |
|
|
100,675 |
88,333 |
14.0% |
6.3% |
Domestic3 |
1,608 |
1,603 |
0.3% |
|
|
22,718 |
21,390 |
6.2% |
4.9% |
Europe |
3,583 |
3,304 |
8.4% |
|
|
54,567 |
44,987 |
21.3% |
8.7% |
North America |
836 |
796 |
5.0% |
|
|
10,933 |
9,730 |
12.4% |
2.8% |
Latin America & Caribbean |
386 |
403 |
-4.2% |
|
|
4,738 |
4,668 |
1.5% |
|
Africa, Middle East & S,Asia |
480 |
471 |
1.9% |
|
|
5,522 |
5,558 |
-0.6% |
|
Asia Pacific |
172 |
158 |
8.9% |
|
|
2,197 |
2,000 |
9.9% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
18,241 |
17,553 |
3.9% |
|
|
243,474 |
221,996 |
9.7% |
4.5% |
Domestic |
1,142 |
1,108 |
3.1% |
|
|
15,761 |
14,413 |
9.4% |
8.3% |
Europe |
3,955 |
3,652 |
8.3% |
|
|
64,040 |
53,104 |
20.6% |
8.8% |
North America |
5,453 |
5,203 |
4.8% |
|
|
72,161 |
64,966 |
11.1% |
3.2% |
Latin America & Caribbean |
3,220 |
3,342 |
-3.7% |
|
|
39,673 |
39,260 |
1.1% |
|
Africa, Middle East & S,Asia |
2,729 |
2,665 |
2.4% |
|
|
29,922 |
30,396 |
-1.6% |
|
Asia Pacific |
1,742 |
1,583 |
10.0% |
|
|
21,917 |
19,857 |
10.4% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
23,030 |
22,328 |
3.1% |
|
|
298,431 |
272,702 |
9.4% |
4.3% |
Domestic |
1,420 |
1,435 |
-1.0% |
|
|
19,397 |
18,437 |
5.2% |
4.0% |
Europe |
5,189 |
5,008 |
3.6% |
|
|
80,101 |
67,169 |
19.3% |
7.6% |
North America |
6,840 |
6,395 |
7.0% |
|
|
86,992 |
77,315 |
12.5% |
4.6% |
Latin America & Caribbean |
3,949 |
4,119 |
-4.1% |
|
|
47,747 |
47,251 |
1.0% |
|
Africa, Middle East & S,Asia |
3,473 |
3,350 |
3.7% |
|
|
37,615 |
38,659 |
-2.7% |
|
Asia Pacific |
2,159 |
2,021 |
6.8% |
|
|
26,579 |
23,871 |
11.3% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
79.2 |
78.6 |
+0.6 pts |
|
|
81.6 |
81.4 |
+0.2 pts |
+0.2 pts |
Domestic |
80.4 |
77.2 |
+3.2 pts |
|
|
81.3 |
78.2 |
+3.1 pts |
+3.2 pts |
Europe |
76.2 |
72.9 |
+3.3 pts |
|
|
79.9 |
79.1 |
+0.8 pts |
+0.8 pts |
North America |
79.7 |
81.4 |
-1.7 pts |
|
|
83.0 |
84.0 |
-1.0 pts |
-1.1 pts |
Latin America & Caribbean |
81.5 |
81.1 |
+0.4 pts |
|
|
83.1 |
83.1 |
+0.0 pts |
|
Africa, Middle East & S,Asia |
78.6 |
79.6 |
-1.0 pts |
|
|
79.5 |
78.6 |
+0.9 pts |
|
Asia Pacific |
80.7 |
78.3 |
+2.4 pts |
|
|
82.5 |
83.2 |
-0.7 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
480 |
464 |
3.4% |
|
|
5,454 |
5,293 |
3.0% |
1.2% |
|
|
|
|
|
|
|
|
|
|
Performance by Airline |
Month of December |
|
Year to Date |
||||||
VUELING |
2016 |
2015 |
Change |
|
|
2016 |
20154 |
Change |
Pro-forma2 |
Revenue Passenger Km (m) |
1,686 |
1,490 |
13.2% |
|
|
28,046 |
24,775 |
13.2% |
|
Available Seat Km (m) |
2,147 |
1,903 |
12.8% |
|
|
33,884 |
30,476 |
11.2% |
|
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
AER LINGUS
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
1,276 |
1,142 |
11.7% |
|
|
19,194 |
6,641 |
n/a |
9.5% |
Available Seat Km (m) |
1,703 |
1,533 |
11.1% |
|
|
23,533 |
8,080 |
n/a |
9.6% |
Cargo Tonne Km (m) |
12 |
13 |
-7.7% |
|
|
127 |
56 |
n/a |
-15.3% |
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
4,046 |
3,896 |
3.9% |
|
|
51,064 |
48,564 |
5.1% |
|
Available Seat Km (m) |
4,997 |
4,950 |
0.9% |
|
|
62,282 |
59,872 |
4.0% |
|
Cargo Tonne Km (m) |
103 |
103 |
0.0% |
|
|
1,094 |
1,057 |
3.5% |
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
11,233 |
11,025 |
1.9% |
|
|
145,170 |
142,016 |
2.2% |
|
Available Seat Km (m) |
14,183 |
13,942 |
1.7% |
|
|
178,732 |
174,274 |
2.6% |
|
Cargo Tonne Km (m) |
365 |
348 |
4.9% |
|
|
4,233 |
4,180 |
1.3% |
|
1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic
2 Year to Date pro-forma includes Aer Lingus in the base
3 Domestic includes routes within UK, Spain, Ireland and Italy
4 2015 figures include Aer Lingus from the acquisition date of August 18, 2015