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IAG November Traffic Statistics
  • Group traffic in November, measured in Revenue Passenger Kilometres, increased by 14.3 per cent versus November 2014 (up 7.2 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 11.7 per cent (up 4.3 per cent on a pro-forma basis).
  • Group premium traffic for the month of November increased by 2.6 per cent on a pro-forma basis.

3 December 2015

 

STRATEGIC DEVELOPMENTS

On 5 November, IAG announced that it converted two Airbus 330-300 and two A330-200 longhaul aircraft options into firm orders for Aer Lingus and Iberia, respectively. Aer Lingus will receive its aircraft in 2016 while Iberia’s aircraft will be delivered between 2017 and 2018. They will enable the airlines to expand their existing longhaul fleets. IAG also converted 15 Airbus 320neo options, announced in August 2013, into firm orders. The aircraft will be delivered between 2018 and 2021 and can be used by any airline in the Group for fleet replacement.

On 12 November, IAG successfully raised €1,000 million in two tranches of senior unsecured convertible bonds due in 2020 and 2022. The bonds were issued to fund IAG’s acquisition of Aer Lingus and for general corporate purposes. They will accrue a fixed rate of interest of 0.25 per cent and 0.625 per annum, payable semi-annually in arrears for the 2020 and 2022 bonds, respectively. The conversion price of €13.8 per share represents a premium of approximately 62.5 per cent over the volume weighted average price of the shares on the London Stock Exchange in the period from launch to pricing.

On 17 November, Aer Lingus announced it will re-launch its loyalty programme in partnership with Avios in spring 2016. 'AerClub' members will collect Avios via flights and other partners as well as offering an enhanced choice of travel and leisure rewards.

 

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 2014; these documents are available on www.iagshares.com.

Group Performance1

 

Month of November

 

Year to Date

 

2015

2014

Change

Pro-forma2

 

2015

2014

Change

Pro-forma3

 

 

 

 

 

 

 

 

 

 

Passengers Carried (’000s)

6,888

5,735

20.1%

8.5%

 

81,598

71,541

14.1%

9.7%

Domestic4

1,669

1,586

5.2%

3.0%

 

19,787

18,448

7.3%

6.5%

Europe

3,431

2,565

33.8%

12.9%

 

41,683

34,114

22.2%

14.5%

North America

802

666

20.4%

4.2%

 

8,934

8,377

6.6%

1.4%

Latin America & Caribbean

380

345

10.1%

 

 

4,265

3,834

11.2%

 

Africa, Middle East & S.Asia

444

428

3.7%

 

 

5,087

5,094

-0.1%

 

Asia Pacific

162

145

11.7%

 

 

1,842

1,674

10.0%

 

 

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

17,542

15,342

14.3%

7.2%

 

204,443

186,684

9.5%

6.7%

Domestic

1,129

1,028

9.8%

7.8%

 

13,305

12,212

9.0%

8.3%

Europe

3,803

2,916

30.4%

13.4%

 

49,452

40,637

21.7%

14.7%

North America

5,263

4,497

17.0%

4.0%

 

59,763

56,323

6.1%

1.8%

Latin America & Caribbean

3,181

2,923

8.8%

 

 

35,918

32,614

10.1%

 

Africa, Middle East & S.Asia

2,545

2,528

0.7%

 

 

27,731

28,338

-2.1%

 

Asia Pacific

1,621

1,450

11.8%

 

 

18,274

16,560

10.4%

 

 

 

 

 

 

 

 

 

 

 

Available Seat Km (m)

22,123

19,805

11.7%

4.3%

 

250,374

232,008

7.9%

5.1%

Domestic

1,465

1,334

9.8%

7.4%

 

17,002

15,780

7.7%

7.0%

Europe

4,978

3,930

26.7%

9.0%

 

62,161

51,807

20.0%

12.8%

North America

6,359

5,538

14.8%

1.3%

 

70,920

67,821

4.6%

0.5%

Latin America & Caribbean

3,986

3,806

4.7%

 

 

43,132

40,038

7.7%

 

Africa, Middle East & S.Asia

3,292

3,353

-1.8%

 

 

35,309

36,413

-3.0%

 

Asia Pacific

2,043

1,844

10.8%

 

 

21,850

20,149

8.4%

 

 

 

 

 

 

 

 

 

 

 

Passenger Load Factor (%)

79.3

77.5

+1.8 pts

+2.2 pts

 

81.7

80.5

+1.2 pts

+1.2 pts

Domestic

77.1

77.1

+0.0 pts

+0.3 pts

 

78.3

77.4

+0.9 pts

+1.0 pts

Europe

76.4

74.2

+2.2 pts

+2.9 pts

 

79.6

78.4

+1.2 pts

+1.3 pts

North America

82.8

81.2

+1.6 pts

+2.2 pts

 

84.3

83.0

+1.3 pts

+1.1 pts

Latin America & Caribbean

79.8

76.8

+3.0 pts

 

 

83.3

81.5

+1.8 pts

 

Africa, Middle East & S.Asia

77.3

75.4

+1.9 pts

 

 

78.5

77.8

+0.7 pts

 

Asia Pacific

79.3

78.6

+0.7 pts

 

 

83.6

82.2

+1.4 pts

 

 

 

 

 

 

 

 

 

 

 

Cargo Tonne Km (m)

 

 

 

 

 

 

 

 

 

Cargo CTK

482

492

-2.0%

-4.6%

 

4,829

4,995

-3.3%

-4.1%

 

 

 

 

 

 

 

 

 

 

 

Performance by Airline

 

Month of November

 

Year to Date

 

 

 

2015

 

2014

 

Change

Pro-forma

 

 

2015

 

2014

 

Change

Pro-forma

Revenue Passenger Km (m)

1,547

1,337

15.7%

 

 

23,285

20,105

15.8%

 

Available Seat Km (m)

1,916

1,704

12.4%

 

 

28,573

24,951

14.5%

 

Cargo Tonne Km (m)

0

0

n/a

 

 

0

0

n/a

 

 

 

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

1,160

0

n/a

13.2%

 

5,499

0

n/a

11.1%

Available Seat Km (m)

1,503

0

n/a

6.6%

 

6,547

0

n/a

6.0%

Cargo Tonne Km (m)

12

0

n/a

-7.7%

 

43

0

n/a

0.0%

 

 

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

3,777

3,298

14.5%

 

 

44,668

39,210

13.9%

 

Available Seat Km (m)

4,833

4,417

9.4%

 

 

54,922

49,875

10.1%

 

Cargo Tonne Km (m)

103

99

4.0%

 

 

954

904

5.5%

 

 

 

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

11,058

10,707

3.3%

 

 

130,991

127,369

2.8%

 

Available Seat Km (m)

13,871

13,684

1.4%

 

 

160,332

157,182

2.0%

 

Cargo Tonne Km (m)

367

393

-6.6%

 

 

3,832

4,091

-6.3%

 

1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic.
2 Monthly pro-forma includes Aer Lingus in the base
3 For Year to Date pro-forma, Aer Lingus data is only included from 18th August 2014/15
4 Domestic includes routes within UK, Spain, Ireland and Italy