OCTOBER 2015 -GROUP TRAFFIC AND CAPACITY STATISTICS
§ Group traffic in October, measured in Revenue Passenger Kilometres, increased by 16.6 per cent versus October 2014 (up 7.6 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 13.2 per cent (up 4.3 per cent on a pro-forma basis).
§ Group premium traffic for the month of October increased by 5.7 per cent on a pro-forma basis.
6 November 2015
STRATEGIC DEVELOPMENTS
On 29 October, IAG's Board of Directors approved the distribution in cash of a gross interim dividend, against the 2015 financial results, of euro 0.10 per share. For the full year IAG expects to pay out 25 per cent of its underlying profit after tax in dividends and plans to announce a proposal for a final dividend for 2015 when the full year results are published in 2016.
On 21 October, Aer Lingus announced that in 2016 it will operate three new routes from Dublin to Los Angeles, Hartford (Connecticut) and Newark.
On 30 September, British Airways took delivery of its first Boeing 787-9 Dreamliner. The new aircraft is being operated to Delhi, Abu Dhabi and Muscat. It is the first of 22 787-9s that the airline is set to receive.
On 23 October, Iberia announced a new codeshare agreement with Boliviana de Aviación which offers connections to Santa Cruz de la Sierra, Cochabamba and La Paz in Bolivia.
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 2014; these documents are available on www.iagshares.com.
Group Performance1 |
Month of October |
|
Year to Date |
|
2015 |
2014 |
Change |
Pro-forma2 |
|
2015 |
2014 |
Change |
Pro-forma3 |
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
8,508 |
6,899 |
23.3% |
9.6% |
|
74,710 |
65,806 |
13.5% |
9.8% |
Domestic4 |
1,925 |
1,802 |
6.8% |
4.5% |
|
18,118 |
16,862 |
7.4% |
6.8% |
Europe |
4,562 |
3,304 |
38.1% |
14.1% |
|
38,252 |
31,549 |
21.2% |
14.6% |
North America |
976 |
816 |
19.6% |
3.3% |
|
8,132 |
7,711 |
5.5% |
1.1% |
Latin America & Caribbean |
402 |
366 |
9.8% |
|
|
3,885 |
3,489 |
11.3% |
|
Africa, Middle East & S.Asia |
462 |
447 |
3.4% |
|
|
4,643 |
4,666 |
-0.5% |
|
Asia Pacific |
181 |
164 |
10.4% |
|
|
1,680 |
1,529 |
9.9% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
20,754 |
17,805 |
16.6% |
7.6% |
|
186,901 |
171,342 |
9.1% |
6.6% |
Domestic |
1,319 |
1,186 |
11.2% |
9.3% |
|
12,176 |
11,184 |
8.9% |
8.4% |
Europe |
5,361 |
3,939 |
36.1% |
14.1% |
|
45,649 |
37,721 |
21.0% |
14.8% |
North America |
6,388 |
5,468 |
16.8% |
3.5% |
|
54,500 |
51,826 |
5.2% |
1.6% |
Latin America & Caribbean |
3,378 |
3,121 |
8.2% |
|
|
32,737 |
29,691 |
10.3% |
|
Africa, Middle East & S.Asia |
2,510 |
2,473 |
1.5% |
|
|
25,186 |
25,810 |
-2.4% |
|
Asia Pacific |
1,798 |
1,618 |
11.1% |
|
|
16,653 |
15,110 |
10.2% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
24,870 |
21,969 |
13.2% |
4.3% |
|
228,251 |
212,203 |
7.6% |
5.2% |
Domestic |
1,616 |
1,509 |
7.1% |
4.9% |
|
15,537 |
14,446 |
7.6% |
7.0% |
Europe |
6,595 |
4,956 |
33.1% |
10.7% |
|
57,183 |
47,877 |
19.4% |
13.2% |
North America |
7,304 |
6,425 |
13.7% |
0.6% |
|
64,561 |
62,283 |
3.7% |
0.4% |
Latin America & Caribbean |
4,055 |
3,865 |
4.9% |
|
|
39,146 |
36,232 |
8.0% |
|
Africa, Middle East & S.Asia |
3,176 |
3,275 |
-3.0% |
|
|
32,017 |
33,060 |
-3.2% |
|
Asia Pacific |
2,124 |
1,939 |
9.5% |
|
|
19,807 |
18,305 |
8.2% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
83.4 |
81.0 |
+2.4 pts |
+2.5 pts |
|
81.9 |
80.7 |
+1.2 pts |
+1.1 pts |
Domestic |
81.6 |
78.6 |
+3.0 pts |
+3.2 pts |
|
78.4 |
77.4 |
+1.0 pts |
+1.0 pts |
Europe |
81.3 |
79.5 |
+1.8 pts |
+2.4 pts |
|
79.8 |
78.8 |
+1.0 pts |
+1.1 pts |
North America |
87.5 |
85.1 |
+2.4 pts |
+2.4 pts |
|
84.4 |
83.2 |
+1.2 pts |
+1.0 pts |
Latin America & Caribbean |
83.3 |
80.8 |
+2.5 pts |
|
|
83.6 |
81.9 |
+1.7 pts |
|
Africa, Middle East & S.Asia |
79.0 |
75.5 |
+3.5 pts |
|
|
78.7 |
78.1 |
+0.6 pts |
|
Asia Pacific |
84.7 |
83.4 |
+1.3 pts |
|
|
84.1 |
82.5 |
+1.6 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
476 |
480 |
-0.8% |
-3.4% |
|
4,347 |
4,503 |
-3.5% |
-4.1% |
|
|
|
|
|
|
|
|
|
|
Performance by Airline |
Month of October |
|
Year to Date |
VUELING |
2015 |
2014 |
Change |
Pro-forma |
|
2015 |
2014 |
Change |
Pro-forma |
Revenue Passenger Km (m) |
2,227 |
1,918 |
16.1% |
|
|
21,738 |
18,768 |
15.8% |
|
Available Seat Km (m) |
2,678 |
2,350 |
14.0% |
|
|
26,657 |
23,247 |
14.7% |
|
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
AER LINGUS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
1,638 |
0 |
n/a |
9.9% |
|
4,339 |
0 |
n/a |
10.5% |
Available Seat Km (m) |
1,945 |
0 |
n/a |
3.9% |
|
5,044 |
0 |
n/a |
5.8% |
Cargo Tonne Km (m) |
13 |
0 |
n/a |
0.0% |
|
31 |
0 |
n/a |
3.3% |
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
4,316 |
3,734 |
15.6% |
|
|
40,891 |
35,912 |
13.9% |
|
Available Seat Km (m) |
5,201 |
4,759 |
9.3% |
|
|
50,089 |
45,458 |
10.2% |
|
Cargo Tonne Km (m) |
104 |
98 |
6.1% |
|
|
851 |
805 |
5.7% |
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
12,573 |
12,153 |
3.5% |
|
|
119,933 |
116,662 |
2.8% |
|
Available Seat Km (m) |
15,046 |
14,860 |
1.3% |
|
|
146,461 |
143,498 |
2.1% |
|
Cargo Tonne Km (m) |
359 |
382 |
-6.0% |
|
|
3,465 |
3,698 |
-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 Monthly pro-forma includes Aer Lingus in the base
3 For Year to Date pro-forma, Aer Lingus data is only included from 18th August 2014/15
4 Domestic includes routes within UK, Spain, Ireland and Italy
