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Traffic Statistics February 2012
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RNS Number : 7061Y
International Cons Airlines Group
05 March 2012


FEBRUARY 2012 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ In February 2012, Group traffic measured in Revenue Passenger Kilometres rose by 3.7 per cent versus February 2011; capacity measured in Available Seat Kilometres was up 2.5 per cent.

§ Group premium traffic for the month of February grew by 3.7 per cent compared to the previous year, with 3.6 per cent growth in non-premium traffic.

§ In February, Iberia pilots' union went on strike for five days: Iberia operated approximately 64 per cent of its flights. At a Group level, capacity was impacted by approximately 2.5 per cent.

§ For current outlook and strategic developments please see Quarter 4 results presentation.

 

March 5th, 2012

 

STRATEGIC DEVELOPMENTS

IAG and Japan Airlines announced plans for a new joint business between British Airways and JAL on flights between Europe and Japan. The agreement is subject to antitrust immunity approval by the Japanese regulatory authority and IAG is in contact with the EU.

Iberia's new subsidiary, Iberia Express will start operations on March 25th 2012.

Iberia will move its operations at London Heathrow to Terminal 5 on March 25th. Iberia and British Airways will be operating from the same terminal which will substantially enhance the customer experience.

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 www.iagshares.com.

Group Performance

Month of February

Year to Date









2012

2011

Change

2012

2011

Change








Passengers Carried ('000s)

3,560

3,612

-1.4%

7,163

7,362

-2.7%

Domestic (UK & Spain)

761

878

-13.3%

1,437

1,734

-17.1%

Europe

1,476

1,472

0.3%

2,913

2,914

0.0%

North America

497

454

9.5%

1,070

986

8.5%

Latin America & Caribbean

373

364

2.5%

785

776

1.2%

Africa, Middle East & S.Asia

344

333

3.3%

727

716

1.5%

Asia Pacific

109

111

-1.8%

231

236

-2.1%








Revenue Passenger Km (millions)

11,995

11,569

3.7%

25,091

24,519

2.3%

Domestic (UK & Spain)

490

529

-7.4%

916

1,054

-13.1%

Europe

1,725

1,764

-2.2%

3,417

3,519

-2.9%

North America

3,387

3,049

11.1%

7,286

6,642

9.7%

Latin America & Caribbean

3,127

2,982

4.9%

6,570

6,373

3.1%

Africa, Middle East & S.Asia

2,152

2,108

2.1%

4,544

4,493

1.1%

Asia Pacific

1,114

1,137

-2.0%

2,358

2,438

-3.3%








Available Seat Km (millions)

16,289

15,889

2.5%

33,593

33,460

0.4%

Domestic (UK & Spain)

666

785

-15.2%

1,298

1,608

-19.3%

Europe

2,599

2,743

-5.2%

5,278

5,651

-6.6%

North America

4,863

4,532

7.3%

10,048

9,638

4.3%

Latin America & Caribbean

3,724

3,563

4.5%

7,730

7,559

2.3%

Africa, Middle East & S.Asia

2,923

2,790

4.8%

6,131

5,936

3.3%

Asia Pacific

1,514

1,476

2.6%

3,108

3,068

1.3%








Passenger Load Factor (%)

73.6

72.8

+0.8 pts

74.7

73.3

+1.4 pts

Domestic (UK & Spain)

73.6

67.4

+6.2 pts

70.6

65.5

+5.1 pts

Europe

66.4

64.3

+2.1 pts

64.7

62.3

+2.4 pts

North America

69.6

67.3

+2.3 pts

72.5

68.9

+3.6 pts

Latin America & Caribbean

84.0

83.7

+0.3 pts

85.0

84.3

+0.7 pts

Africa, Middle East & S.Asia

73.6

75.6

-2.0 pts

74.1

75.7

-1.6 pts

Asia Pacific

73.6

77.0

-3.4 pts

75.9

79.5

-3.6 pts








Cargo and Total Capacity (millions)







Cargo Tonne Km

473

488

-3.1%

939

956

-1.8%

Total Revenue Tonne Km

1,613

1,586

1.7%

3,338

3,292

1.4%

Available Tonne Km

2,322

2,232

4.0%

4,791

4,701

1.9%








Overall Load Factor

69.5

71.1

-1.6 pts

69.7

70.0

-0.3 pts














Performance by Airline

Month of February

Year to Date









2012

2011

Change

2012

2011

Change








IBERIA







Revenue Passenger Km (millions)

3,557

3,676

-3.2%

7,329

7,832

-6.4%

Available Seat Km (millions)

4,496

4,748

-5.3%

9,160

10,060

-8.9%

Cargo Tonne Km (millions)

97

114

-14.9%

196

223

-12.1%








BRITISH AIRWAYS







Revenue Passenger Km (millions)

8,438

7,893

6.9%

17,763

16,685

6.5%

Available Seat Km (millions)

11,793

11,141

5.9%

24,433

23,399

4.4%

Cargo Tonne Km (millions)

376

374

0.5%

743

733

1.4%














This information is provided by RNS

The company news service from the London Stock Exchange