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December 2017 – Group Traffic and Capacity Statistics
  • Group traffic in December, measured in Revenue Passenger Kilometres, increased by 6.1 per cent versus December 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent.
  • Group premium traffic for the month of December increased by 3.9 per cent compared to the previous year.

4 January 2018

 

STRATEGIC DEVELOPMENTS
On 8 December, British Airways launched a flexible benefits scheme incorporating a new defined contribution pension scheme, following consultation with its trade unions and employees. The scheme will open on April 1 2018 and will replace the main UK defined benefit scheme, the New Airways Pension Scheme (NAPS), and the main UK defined contribution scheme, the British Airways Retirement Plan (BARP). The changes are subject to NAPS trustees agreeing to amend the scheme’s rules to enable closure to future accrual.

On December 29, IAG announced that it is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction, which is being made by a newly formed subsidiary of Vueling that will be incorporated as an Austrian company and run initially as a separate operation, is subject to customary closing conditions such as the EC competition approval. The assets include up to 15 A320 family aircraft and an attractive slot portfolio at various airports including Vienna, Dusseldorf, Munich, Palma and Zurich.

 

 

 

 

 

 

LEI: 959800TZHQRUSH1ESL13

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

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 2016; these documents are available on www.iagshares.com.


Group Performance1

 

Month of December

 

Year to Date

 

2017

2016

Change

 

 

2017

2016

Change

 

 

 

 

 

 

 

 

 

 

 

Passengers Carried (’000s)

7,670

7,065

8.6%

 

 

104,829

100,675

4.1%

 

Domestic2

1,847

1,608

14.9%

 

 

24,363

22,718

7.2%

 

Europe

3,867

3,583

7.9%

 

 

56,236

54,567

3.1%

 

North America

853

836

2.0%

 

 

11,265

10,933

3.0%

 

Latin America & Caribbean

413

386

7.0%

 

 

4,854

4,738

2.4%

 

Africa, Middle East & S,Asia

519

480

8.1%

 

 

5,854

5,522

6.0%

 

Asia Pacific

171

172

-0.6%

 

 

2,257

2,197

2.7%

 

 

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

19,358

18,241

6.1%

 

 

252,819

243,474

3.8%

 

Domestic

1,335

1,142

16.9%

 

 

16,994

15,761

7.8%

 

Europe

4,250

3,955

7.5%

 

 

65,551

64,040

2.4%

 

North America

5,584

5,453

2.4%

 

 

74,551

72,161

3.3%

 

Latin America & Caribbean

3,509

3,220

9.0%

 

 

41,387

39,673

4.3%

 

Africa, Middle East & S,Asia

2,951

2,729

8.1%

 

 

31,626

29,922

5.7%

 

Asia Pacific

1,729

1,742

-0.7%

 

 

22,710

21,917

3.6%

 

 

 

 

 

 

 

 

 

 

 

Available Seat Km (m)

23,949

23,030

4.0%

 

 

306,185

298,431

2.6%

 

Domestic

1,645

1,420

15.8%

 

 

20,435

19,397

5.4%

 

Europe

5,504

5,189

6.1%

 

 

79,911

80,101

-0.2%

 

North America

6,958

6,840

1.7%

 

 

90,624

86,992

4.2%

 

Latin America & Caribbean

4,192

3,949

6.2%

 

 

49,254

47,747

3.2%

 

Africa, Middle East & S,Asia

3,549

3,473

2.2%

 

 

39,126

37,615

4.0%

 

Asia Pacific

2,101

2,159

-2.7%

 

 

26,835

26,579

1.0%

 

 

 

 

 

 

 

 

 

 

 

Passenger Load Factor (%)

80.8

79.2

+1.6 pts

 

 

82.6

81.6

+1.0 pts

 

Domestic

81.2

80.4

+0.8 pts

 

 

83.2

81.3

+1.9 pts

 

Europe

77.2

76.2

+1.0 pts

 

 

82.0

79.9

+2.1 pts

 

North America

80.3

79.7

+0.6 pts

 

 

82.3

83.0

-0.7 pts

 

Latin America & Caribbean

83.7

81.5

+2.2 pts

 

 

84.0

83.1

+0.9 pts

 

Africa, Middle East & S,Asia

83.2

78.6

+4.6 pts

 

 

80.8

79.5

+1.3 pts

 

Asia Pacific

82.3

80.7

+1.6 pts

 

 

84.6

82.5

+2.1 pts

 

 

 

 

 

 

 

 

 

 

 

Cargo Tonne Km (m)

 

 

 

 

 

 

 

 

 

Cargo CTK

484

480

0.8%

 

 

5,762

5,454

5.6%

 

 

 

 

 

 

 

 

 

 

 

 

Performance by Airline

Month of December

 

Year to Date

 

vueling

 


2017

 

2016

 

Change

 

 

 

2017

 

2016

 

Change

 

Revenue Passenger Km (m)

1,935

1,686

14.8%

 

 

29,125

28,046

3.8%

 

Available Seat Km (m)

2,443

2,147

13.8%

 

 

34,378

33,884

1.5%

 

Cargo Tonne Km (m)

0

0

n/a

 

 

0

0

n/a

 

 

Aer Lingus

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

1,447

1,276

13.4%

 

 

21,412

19,194

11.6%

 

Available Seat Km (m)

1,904

1,703

11.8%

 

 

26,386

23,533

12.1%

 

Cargo Tonne Km (m)

14

12

16.7%

 

 

155

127

22.0%

 

 

IBERIA

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

4,452

4,046

10.0%

 

 

54,941

51,064

7.6%

 

Available Seat Km (m)

5,355

4,997

7.2%

 

 

65,351

62,282

4.9%

 

Cargo Tonne Km (m)

99

103

-3.9%

 

 

1,107

1,094

1.2%

 

British Airways

 

 

 

 

 

 

 

 

 

Revenue Passenger Km (m)

11,524

11,233

2.6%

 

 

147,341

145,170

1.5%

 

Available Seat Km (m)

14,247

14,183

0.5%

 

 

180,070

178,732

0.7%

 

Cargo Tonne Km (m)

371

365

1.6%

 

 

4,500

4,233

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 Domestic includes routes within UK, Spain, Ireland and Italy