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News Release

IAG Traffic & Capacity Statistics - February 2018
RNS Number : 7269G
International Cons Airlines Group
05 March 2018
 

 

FEBRUARY 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

 

Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent.

5 March 2018

 

 







 

STRATEGIC DEVELOPMENTS

On 12 February, IAG announced its investment in Volantio, following the start-up's successful participation in IAG's Hangar 51 global accelerator programme. Volantio's platform, Yana, enables airlines to proactively identify flexible passengers on high demand flights and offer them alternative seats on lower demand flights with added incentives. Volantio was selected to continue working with the Group to provide more opportunities for its customers who can benefit from having flexible travel plans. Volantio will also receive funding from IAG's multimillion pound investment fund for digital transformation.

 

  

 

 

 

 

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 February

 

Year to Date

 

 

2018

2017

Change

 


2018

2017

Change

 











Passengers Carried ('000s)

7,096

6,543

8.5%



14,286

13,230

8.0%


Domestic2

1,745

1,564

11.6%



3,482

3,088

12.8%


Europe

3,679

3,371

9.1%



7,261

6,677

8.7%


North America

641

636

0.7%



1,392

1,395

-0.2%


Latin America & Caribbean

389

371

4.9%



818

786

4.1%


Africa, Middle East & S,Asia

471

430

9.5%



984

922

6.7%


Asia Pacific

171

171

0.0%



349

362

-3.6%












Revenue Passenger Km (m)

17,356

16,411

5.8%



35,992

34,469

4.4%


Domestic

1,227

1,089

12.7%



2,480

2,176

14.0%


Europe

4,046

3,702

9.3%



7,967

7,353

8.4%


North America

4,298

4,229

1.6%



9,344

9,282

0.7%


Latin America & Caribbean

3,322

3,126

6.3%



6,989

6,631

5.4%


Africa, Middle East & S,Asia

2,737

2,537

7.9%



5,683

5,374

5.7%


Asia Pacific

1,725

1,728

-0.2%



3,529

3,653

-3.4%












Available Seat Km (m)

21,775

21,039

3.5%



45,534

44,142

3.2%


Domestic

1,495

1,376

8.6%



3,103

2,809

10.5%


Europe

5,082

4,795

6.0%



10,363

9,809

5.6%


North America

5,962

5,925

0.6%



12,737

12,635

0.8%


Latin America & Caribbean

3,832

3,698

3.6%



8,080

7,829

3.2%


Africa, Middle East & S,Asia

3,369

3,171

6.2%



6,995

6,711

4.2%


Asia Pacific

2,035

2,074

-1.9%



4,256

4,349

-2.1%












Passenger Load Factor (%)

79.7

78.0

+1.7 pts



79.0

78.1

+0.9 pts


Domestic

82.1

79.1

+3.0 pts



79.9

77.5

+2.4 pts


Europe

79.6

77.2

+2.4 pts



76.9

75.0

+1.9 pts


North America

72.1

71.4

+0.7 pts



73.4

73.5

-0.1 pts


Latin America & Caribbean

86.7

84.5

+2.2 pts



86.5

84.7

+1.8 pts


Africa, Middle East & S,Asia

81.2

80.0

+1.2 pts



81.2

80.1

+1.1 pts


Asia Pacific

84.8

83.3

+1.5 pts



82.9

84.0

-1.1 pts












Cargo Tonne Km (m)

427

432

-1.1%



859

866

-0.8%


Cargo CTK




















 

Performance by Airline

Month of February


Year to Date

 

 

 

 

2018

2017

 

Change



2018

2017

 

Change


AER LINGUS










Revenue Passenger Km (m)

1,028

964

6.6%



2,164

2,032

6.5%


Available Seat Km (m)

1,443

1,388

4.0%



3,046

2,926

4.1%


Passenger load factor (%)

71.2

69.5

+1.7 pts



71.0

69.4

+1.6 pts


Cargo Tonne Km (m)

11

11

0.0%



21

21

0.0%


   BRITISH AIRWAYS     3










Revenue Passenger Km (m)

10,485

10,299

1.8%



21,764

21,765

0.0%


Available Seat Km (m)

13,443

13,410

0.2%



28,029

28,133

-0.4%


Passenger load factor (%)

78.0

76.8

+1.2 pts



77.6

77.4

+0.2 pts


Cargo Tonne Km (m)

335

338

-0.9%



675

686

-1.6%


IBERIA










Revenue Passenger Km (m)

4,006

3,613

10.9%



8,386

7,598

10.4%


Available Seat Km (m)

4,675

4,356

7.3%



9,916

9,211

7.7%


Passenger load factor (%)

85.5

82.9

+2.6 pts



84.5

82.5

+2.0 pts


Cargo Tonne Km (m)

82

83

-1.2%



163

159

2.5%


VUELING










Revenue Passenger Km (m)

1,796

1,535

17.0%



3,589

3,074

16.8%


Available Seat Km (m)

2,159

1,885

14.5%



4,418

3,872

14.1%


Passenger load factor (%)

83.2

81.4

+1.8 pts



81.2

79.4

+1.8 pts


Cargo Tonne Km (m)

0

0

n/a



0

0

n/a


 

1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express and LEVEL) and Vueling. Vueling traffic is accounted as non-premium traffic

2 Domestic includes routes within UK, Spain, Ireland and Italy

3 British Airways figures exclude Openskies in 2018, but include Openskies in 2017


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