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5 September 2016
On 16 August, Japan's Ministry of Land, Infrastructure, Transport and Tourism granted an extension of anti-trust immunity to enable Iberia to join the existing joint business between Japan Airlines, British Airways and Finnair. This will allow the four airlines to cooperate commercially on flights between Europe and Japan. Iberia is expected to join from October 18, 2016 when it will start its non-stop services between Madrid and Tokyo.
On 17 August, Vueling and Qatar Airways launched a codeshare agreement which allows seamless connectivity via the airlines' common gateways of Barcelona El Prat and Rome Fiumicino. The agreement links Vueling's European network with Qatar Airways' global network of more than 150 destinations. This codeshare agreement builds upon the interline agreement signed between the two carriers in October 2014.
On 19 August, British Airways announced a codeshare agreement with Shanghai-based carrier, China Eastern Airlines. British Airways will gain access to the domestic Chinese market as it will start selling flights to Kunming, Xi'an, Nanjing, Hangzhou and Chongqing on a BA flight code. China Eastern Airlines will sell British Airways flights to Aberdeen, Belfast City, Edinburgh, Glasgow, Leeds Bradford, Manchester and Newcastle on their MU flight code.
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).
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", "June", "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.
1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express) and Vueling, Vueling traffic is currently accounted as non-premium traffic,