Traffic Statistics July 2013

JULY 2013 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

 

§ In July 2013, Group traffic measured in Revenue Passenger Kilometres increased by 6.6 per cent versus July 2012 (down 2.8 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 8.5 per cent (down 1.7 per cent on a pro-forma basis).

§ Group premium traffic for the month of July increased by 0.4 per cent compared to the previous year, on falling capacity.

§ Traffic in long haul is still influenced by the Group policy to improve unit revenues through yield, rather than load, as well as by the timing of Ramadan.

§ Underlying market conditions remain unchanged from those described at the publication of Quarter Two results on 2 August.

 

6 August 2013

 

 

STRATEGIC DEVELOPMENTS

On 2 August, IAG announced that the delisting offer for the 9.49 per cent of Vueling shares that the IAG Group did not own was accepted by 73.86 per cent of the shares subject to the offer. Following settlement, IAG Group will own 97.52 per cent of Vueling which will be delisted from the Spanish stock exchanges.

 

On 4 July, the labour division of the Spanish High Court ruled that the mediation agreement reached with 93 per cent of Iberia employees is applicable to all employee groups.

 

British Airways has received the first of its 12 Airbus A380 firm orders. A further two A380s will be delivered in 2013 plus five in 2014. The aircraft will begin commercial long-haul flights to Los Angeles from 24 September. The next two routes after Los Angeles will be Hong Kong (October 2013) and Johannesburg (February 2014).

 

Iberia's commercial initiatives continue with the retrofit of A340-600s on routes to Latin America. In addition, it launched a new baggage tag online service, becoming the first carrier worldwide to offer this facility and updated its website.

 

 

 

 

 

 

 

 

Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.

Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and International Consolidated Airlines Group S.A. (the 'Group') plans and objectives for future operations, including, without limitation, discussions of the Group's Business Plan, expected future revenues, financing plans and expected expenditures and divestments. 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 Group's forward-looking statements 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 2012; this document is available on www.iagshares.com.

 

Group Performance1	Month of July					Year to Date
	2013	2012	Change	Pro-forma2		2013	2012	Change	Pro-forma3
Passengers Carried ('000s)	7,216	5,433	32.8%	0.5%		36,309	31,154	16.5%	1.5%
Domestic (UK & Spain)	1,923	1,242	54.8%	-6.8%		8,508	6,776	25.6%	-5.6%
Europe	3,525	2,322	51.8%	9.0%		16,737	13,120	27.6%	8.1%
North America	829	831	-0.2%			4,956	4,888	1.4%
Latin America & Caribbean	361	431	-16.2%			2,425	2,748	-11.8%
Africa, Middle East & S.Asia	422	463	-8.9%			2,743	2,733	0.4%
Asia Pacific	156	144	8.3%			940	889	5.7%
Revenue Passenger Km (millions)	18,062	16,937	6.6%	-2.8%		104,267	101,492	2.7%	-1.4%
Domestic (UK & Spain)	1,250	798	56.6%	-6.9%		5,389	4,271	26.2%	-6.9%
Europe	4,331	2,925	48.1%	8.2%		19,820	16,028	23.7%	5.8%
North America	5,576	5,572	0.1%			33,417	33,040	1.1%
Latin America & Caribbean	3,046	3,588	-15.1%			20,357	22,956	-11.3%
Africa, Middle East & S.Asia	2,318	2,606	-11.1%			15,896	16,211	-1.9%
Asia Pacific	1,541	1,448	6.4%			9,388	8,986	4.5%
Available Seat Km (millions)	21,441	19,769	8.5%	-1.7%		129,986	127,036	2.3%	-2.0%
Domestic (UK & Spain)	1,555	999	55.7%	-7.4%		7,314	5,691	28.5%	-4.2%
Europe	5,243	3,582	46.4%	6.5%		25,826	21,686	19.1%	2.3%
North America	6,325	6,290	0.6%			39,796	39,962	-0.4%
Latin America & Caribbean	3,614	4,044	-10.6%			24,626	27,107	-9.2%
Africa, Middle East & S.Asia	2,961	3,162	-6.4%			20,818	21,216	-1.9%
Asia Pacific	1,743	1,692	3.0%			11,606	11,374	2.0%
Passenger Load Factor (%)	84.2	85.7	-1.5 pts	-1.0 pts		80.2	79.9	+0.3 pts	+0.4 pts
Domestic (UK & Spain)	80.4	79.9	+0.5 pts	+0.4 pts		73.7	75.0	-1.3 pts	-2.1 pts
Europe	82.6	81.7	+0.9 pts	+1.3 pts		76.7	73.9	+2.8 pts	+2.5 pts
North America	88.2	88.6	-0.4 pts			84.0	82.7	+1.3 pts
Latin America & Caribbean	84.3	88.7	-4.4 pts			82.7	84.7	-2.0 pts
Africa, Middle East & S.Asia	78.3	82.4	-4.1 pts			76.4	76.4	+0.0 pts
Asia Pacific	88.4	85.6	+2.8 pts			80.9	79.0	+1.9 pts
Cargo and Total Capacity (millions)
Cargo Tonne Km	468	512	-8.6%			3,224	3,521	-8.4%
Total Revenue Tonne Km	1,991	2,126	-6.3%			12,677	13,180	-3.8%
Available Tonne Km	2,663	2,762	-3.6%			17,481	17,962	-2.7%
Overall Load Factor	74.8	77.0	-2.2 pts			72.5	73.4	-0.9 pts
Performance by Airline	Month of July					Year to Date
VUELING	2013	2012	Change	Pro-forma		2013	2012	Change	Pro-forma
Revenue Passenger Km (millions)	2,078	0	n/a	26.2%		5,512	0	n/a	28.5%
Available Seat Km (millions)	2,530	0	n/a	23.4%		6,943	0	n/a	24.6%
Cargo Tonne Km (millions)	0	0	n/a			0	0	n/a
IBERIA
Revenue Passenger Km (millions)	3,991	4,943	-19.3%			24,056	28,998	-17.0%
Available Seat Km (millions)	4,884	5,675	-13.9%			30,504	35,107	-13.1%
Cargo Tonne Km (millions)	77	92	-16.3%			574	681	-15.7%
BRITISH AIRWAYS
Revenue Passenger Km (millions)	11,993	11,992	0.0%			74,700	72,491	3.0%
Available Seat Km (millions)	14,027	14,095	-0.5%			92,539	91,934	0.7%
Cargo Tonne Km (millions)	391	420	-6.9%			2,650	2,840	-6.7%

 

¹ Group performance comprises British Airways, Iberia (including Iberia Express) and Vueling. Year to Date 2013 includes Vueling from 26^th April 2013. Vueling traffic is currently accounted as non-premium traffic.

² Monthly pro-forma includes Vueling in the baseline.

³For Year to Date pro-forma, Vueling data is only included from 26^th April 2012/13.