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News Release

IAG Traffic and Capacity Statistics: October 2018
RNS Number : 5256G
International Cons Airlines Group
06 November 2018
 

 

OCTOBER 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

 

Group traffic in October, measured in Revenue Passenger Kilometres, increased by 6.6 per cent versus October 2017; Group capacity measured in Available Seat Kilometres rose by 6.7 per cent.

6 November 2018

 

 

 

STRATEGIC DEVELOPMENTS

On 1 November, IAG was granted investment grade status by credit agencies Moody's (Baa3) and S&P Global (BBB-). This reflects the continuing strength of IAG's business and provides a solid platform to deliver the Group's financial targets. It also provides access to a broader range of funding alternatives at a lower cost.

 

On 18 October, British Airways announced that it will operate a twice-weekly summer service from Heathrow to Charleston from April 4, 2019. The airline will be the only carrier flying direct between Europe and the South Carolina city. The new route will take the number of US destinations British Airways flies to from London next summer up to 29, while daily flights offered by BA and American Airlines as part of their transatlantic joint business will increase to around 73 per day.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 October

 

Year to Date

 

 

2018

2017

Change

 


2018

2017

Change

 











Passengers Carried ('000s)

10,028

9,296

7.9%



96,269

89,361

7.7%


Domestic2

2,384

2,165

10.1%



22,523

20,563

9.5%


Europe

5,359

5,001

7.2%



52,205

48,466

7.7%


North America

1,123

1,038

8.2%



10,285

9,532

7.9%


Latin America & Caribbean

468

416

12.5%



4,386

4,055

8.2%


Africa, Middle East & S,Asia

488

481

1.5%



4,952

4,840

2.3%


Asia Pacific

206

195

5.6%



1,918

1,905

0.7%












Revenue Passenger Km (m)

23,831

22,348

6.6%



228,876

214,089

6.9%


Domestic

1,707

1,524

12.0%



15,971

14,294

11.7%


Europe

6,227

5,863

6.2%



61,491

57,011

7.9%


North America

7,417

6,870

8.0%



68,364

63,192

8.2%


Latin America & Caribbean

3,910

3,565

9.7%



37,420

34,588

8.2%


Africa, Middle East & S,Asia

2,596

2,559

1.4%



26,543

25,854

2.7%


Asia Pacific

1,974

1,967

0.4%



19,086

19,150

-0.3%












Available Seat Km (m)

28,592

26,803

6.7%



272,935

258,220

5.7%


Domestic

1,995

1,799

10.9%



18,691

17,127

9.1%


Europe

7,563

7,055

7.2%



73,207

68,948

6.2%


North America

8,834

8,192

7.8%



82,630

76,600

7.9%


Latin America & Caribbean

4,729

4,206

12.4%



43,841

40,996

6.9%


Africa, Middle East & S,Asia

3,151

3,240

-2.7%



32,179

32,035

0.4%


Asia Pacific

2,320

2,311

0.4%



22,388

22,514

-0.6%












Passenger Load Factor (%)

83.3

83.4

-0.1 pts



83.9

82.9

+1.0 pts


Domestic

85.6

84.7

+0.9 pts



85.4

83.5

+1.9 pts


Europe

82.3

83.1

-0.8 pts



84.0

82.7

+1.3 pts


North America

84.0

83.9

+0.1 pts



82.7

82.5

+0.2 pts


Latin America & Caribbean

82.7

84.8

-2.1 pts



85.4

84.4

+1.0 pts


Africa, Middle East & S,Asia

82.4

79.0

+3.4 pts



82.5

80.7

+1.8 pts


Asia Pacific

85.1

85.1

+0.0 pts



85.3

85.1

+0.2 pts












Cargo Tonne Km (m)










Cargo CTK

517

527

-1.9%



4,707

4,747

-0.8%












 

Performance by Airline

Month of October


Year to Date

 

 

 

 

2018

2017

 

Change



2018

2017

 

Change


AER LINGUS










Revenue Passenger Km (m)

2,153

1,968

9.4%



20,200

18,462

9.4%


Available Seat Km (m)

2,668

2,421

10.2%



24,611

22,560

9.1%


Passenger load factor (%)

80.7

81.3

-0.6 pts



82.1

81.8

+0.3 pts


Cargo Tonne Km (m)

19

14

35.7%



134

124

8.2%


     BRITISH AIRWAYS 3










Revenue Passenger Km (m)

13,162

12,863

2.3%



128,445

124,201

3.4%


Available Seat Km (m)

15,865

15,606

1.7%



155,061

151,366

2.4%


Passenger load factor (%)

83.0

82.4

+0.6 pts



82.8

82.1

+0.7 pts


Cargo Tonne Km (m)

391

403

-3.0%



3,644

3,717

-2.0%


IBERIA 4










Revenue Passenger Km (m)

5,397

4,904

10.1%



51,329

46,187

11.1%


Available Seat Km (m)

6,298

5,693

10.6%



59,563

54,771

8.7%


Passenger load factor (%)

85.7

86.1

-0.4 pts



86.2

84.3

+1.9 pts


Cargo Tonne Km (m)

107

110

-2.7%



927

906

2.3%


   VUELING










Revenue Passenger Km (m)

2,862

2,613

9.5%



27,718

25,239

9.8%


Available Seat Km (m)

3,401

3,083

10.3%



32,173

29,523

9.0%


Passenger load factor (%)

84.2

84.8

-0.6 pts



86.2

85.5

+0.7 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), LEVEL and Vueling

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

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

4 Iberia figures include LEVEL Spain


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