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Traffic Statistics December 2011
RNS Number : 0774V
International Cons Airlines Group
05 January 2012
 

  • In December 2011, Group traffic measured in Revenue Passenger Kilometres rose by 12.2 per cent versus December 2010; capacity measured in Available Seat Kilometres was up 11.5 per cent.  
  • Group premium traffic for the month of December grew by 13.6 per cent compared to the previous year, with 12.0 per cent growth in non-premium traffic.
  • Overall figures were positively impacted by the non-recurrence of poor weather in December last year, which particularly affected British Airways.
  • In December, Iberia pilots’ union went on strike for two days: Iberia operated 68 and 64 per cent of its flights on December 18th and 29th, respectively.
  • Underlying market conditions appear unchanged, but there was a significant reduction in Iberia’s short haul premium traffic compared to last year, influenced by the strikes during the month and the weakening economic environment.

STRATEGIC DEVELOPMENTS

On December 22nd, IAG and Lufthansa reached a binding agreement for IAG to acquire bmi for £172.5 million in cash, though the price is subject to significant reductions. The deal requires competition clearance.

Rising UK Air Passenger Duty has led British Airways to reduce its recruitment levels in 2012. It will now only create 400 extra jobs rather than the 800 previously planned. The airline will also postpone plans to bring an extra Boeing 747 into service in summer 2012, and review the use of two others.

Iberia has begun to recruit pilots for its new subsidiary Iberia Express with more than 1,600 applying so far.

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 some of the most important risks in this regard is given in the shareholder documentation in respect of the merger issued on October 26, 2010 and in the Securities Note and Summary issued on January 10, 2011; these documents are available on http://www.iagshares.com/.

Group Performance Month of December

Year to Date

 

 

 

 

 

 

 

 

2011

2010

Change

2011

2010

Change

 

 

 

 

 

 

 

Passengers Carried (’000s)

3,880

3,526

10.0%

51,687

50,600

2.1%

Domestic (UK & Spain)

758

797

-4.9%

10,845

12,388

-12.5%

Europe

1,585

1,362

16.4%

22,349

21,098

5.9%

North America

630

518

21.6%

8,026

7,146

12.3%

Latin America & Caribbean

399

375

6.4%

4,774

4,314

10.7%

Africa, Middle East & S.Asia

388

359

8.1%

4,176

4,263

-2.0%

Asia Pacific

120

115

4.3%

1,517

1,391

9.1%

 

 

 

 

 

 

 

Revenue Passenger Km (millions)

13,549

12,077

12.2%

168,617

157,323

7.2%

Domestic (UK & Spain)

484

511

-5.3%

6,747

7,642

-11.7%

Europe

1,874

1,670

12.2%

27,584

26,660

3.5%

North America

4,235

3,434

23.3%

53,950

47,736

13.0%

Latin America & Caribbean

3,326

3,078

8.1%

39,372

35,532

10.8%

Africa, Middle East & S.Asia

2,395

2,193

9.2%

25,427

25,336

0.4%

Asia Pacific

1,235

1,191

3.7%

15,537

14,417

7.8%

 

 

 

 

 

 

 

Available Seat Km (millions)

17,471

15,676

11.5%

213,193

199,032

7.1%

Domestic (UK & Spain)

664

753

-11.8%

9,157

10,510

-12.9%

Europe

2,707

2,486

8.9%

36,956

35,954

2.8%

North America

5,316

4,407

20.6%

66,163

58,921

12.3%

Latin America & Caribbean

4,113

3,764

9.3%

47,605

42,294

12.6%

Africa, Middle East & S.Asia

3,091

2,827

9.3%

33,791

33,857

-0.2%

Asia Pacific

1,580

1,439

9.8%

19,521

17,496

11.6%

 

 

 

 

 

 

 

Passenger Load Factor (%)

77.6

77.0

+0.6 pts

79.1

79.0

+0.1 pts

Domestic (UK & Spain)

72.9

67.9

+5.0 pts

73.7

72.7

+1.0 pts

Europe

69.2

67.2

+2.0 pts

74.6

74.2

+0.4 pts

North America

79.7

77.9

+1.8 pts

81.5

81.0

+0.5 pts

Latin America & Caribbean

80.9

81.8

-0.9 pts

82.7

84.0

-1.3 pts

Africa, Middle East & S.Asia

77.5

77.6

-0.1 pts

75.2

74.8

+0.4 pts

Asia Pacific

78.2

82.8

-4.6 pts

79.6

82.4

-2.8 pts

 

 

 

 

 

 

 

Cargo and Total Capacity (millions)

 

 

 

 

 

 

Cargo Tonne Km

527

483

9.1%

6,156

5,907

4.2%

Total Revenue Tonne Km

1,828

1,640

11.5%

22,193

20,862

6.4%

Available Tonne Km

2,464

2,214

11.3%

30,050

27,996

7.3%

 

 

 

 

 

 

 

Overall Load Factor

74.2

74.1

+0.1 pts

73.9

74.5

-0.6 pts

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performance by Airline Month of December

Year to Date

 

 

 

 

 

 

 

 

2011

2010

Change

2011

2010

Change

 

 

 

 

 

 

 

Iberia

 

 

 

 

 

 

Revenue Passenger Km (millions)

3,919

3,992

-1.8%

51,268

51,242

0.1%

Available Seat Km (millions)

4,997

5,093

-1.9%

63,042

62,312

1.2%

Cargo Tonne Km (millions)

123

137

-10.2%

1,363

1,314

3.7%

 

 

 

 

 

 

 

British Airways

 

 

 

 

 

 

Revenue Passenger Km (millions)

9,630

8,084

19.1%

117,348

106,082

10.6%

Available Seat Km (millions)

12,475

10,582

17.9%

150,152

136,721

9.8%

Cargo Tonne Km (millions)

404

346

16.8%

4,793

4,593

4.4%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 


This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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