DECEMBER 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS
§ Group traffic in December, measured in Revenue Passenger Kilometres, increased by 6.1 per cent versus December 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent.
§ Group premium traffic for the month of December increased by 3.9 per cent compared to the previous year.
4 January 2018
STRATEGIC DEVELOPMENTS
On 8 December, British Airways launched a flexible benefits scheme incorporating a new defined contribution pension scheme, following consultation with its trade unions and employees. The scheme will open on April 1 2018 and will replace the main UK defined benefit scheme, the New Airways Pension Scheme (NAPS), and the main UK defined contribution scheme, the British Airways Retirement Plan (BARP). The changes are subject to NAPS trustees agreeing to amend the scheme's rules to enable closure to future accrual.
On December 29, IAG announced that it is to buy assets of the Austrian airline NIKI, which was formerly part of the Air Berlin group, for €20 million and provide liquidity to NIKI of up to €16.5 million. The transaction, which is being made by a newly formed subsidiary of Vueling that will be incorporated as an Austrian company and run initially as a separate operation, is subject to customary closing conditions such as the EC competition approval. The assets include up to 15 A320 family aircraft and an attractive slot portfolio at various airports including Vienna, Dusseldorf, Munich, Palma and Zurich.
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 December |
|
Year to Date |
|
2017 |
2016 |
Change |
|
|
2017 |
2016 |
Change |
|
|
|
|
|
|
|
|
|
|
|
Passengers Carried ('000s) |
7,670 |
7,065 |
8.6% |
|
|
104,829 |
100,675 |
4.1% |
|
Domestic2 |
1,847 |
1,608 |
14.9% |
|
|
24,363 |
22,718 |
7.2% |
|
Europe |
3,867 |
3,583 |
7.9% |
|
|
56,236 |
54,567 |
3.1% |
|
North America |
853 |
836 |
2.0% |
|
|
11,265 |
10,933 |
3.0% |
|
Latin America & Caribbean |
413 |
386 |
7.0% |
|
|
4,854 |
4,738 |
2.4% |
|
Africa, Middle East & S,Asia |
519 |
480 |
8.1% |
|
|
5,854 |
5,522 |
6.0% |
|
Asia Pacific |
171 |
172 |
-0.6% |
|
|
2,257 |
2,197 |
2.7% |
|
|
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
19,358 |
18,241 |
6.1% |
|
|
252,819 |
243,474 |
3.8% |
|
Domestic |
1,335 |
1,142 |
16.9% |
|
|
16,994 |
15,761 |
7.8% |
|
Europe |
4,250 |
3,955 |
7.5% |
|
|
65,551 |
64,040 |
2.4% |
|
North America |
5,584 |
5,453 |
2.4% |
|
|
74,551 |
72,161 |
3.3% |
|
Latin America & Caribbean |
3,509 |
3,220 |
9.0% |
|
|
41,387 |
39,673 |
4.3% |
|
Africa, Middle East & S,Asia |
2,951 |
2,729 |
8.1% |
|
|
31,626 |
29,922 |
5.7% |
|
Asia Pacific |
1,729 |
1,742 |
-0.7% |
|
|
22,710 |
21,917 |
3.6% |
|
|
|
|
|
|
|
|
|
|
|
Available Seat Km (m) |
23,949 |
23,030 |
4.0% |
|
|
306,185 |
298,431 |
2.6% |
|
Domestic |
1,645 |
1,420 |
15.8% |
|
|
20,435 |
19,397 |
5.4% |
|
Europe |
5,504 |
5,189 |
6.1% |
|
|
79,911 |
80,101 |
-0.2% |
|
North America |
6,958 |
6,840 |
1.7% |
|
|
90,624 |
86,992 |
4.2% |
|
Latin America & Caribbean |
4,192 |
3,949 |
6.2% |
|
|
49,254 |
47,747 |
3.2% |
|
Africa, Middle East & S,Asia |
3,549 |
3,473 |
2.2% |
|
|
39,126 |
37,615 |
4.0% |
|
Asia Pacific |
2,101 |
2,159 |
-2.7% |
|
|
26,835 |
26,579 |
1.0% |
|
|
|
|
|
|
|
|
|
|
|
Passenger Load Factor (%) |
80.8 |
79.2 |
+1.6 pts |
|
|
82.6 |
81.6 |
+1.0 pts |
|
Domestic |
81.2 |
80.4 |
+0.8 pts |
|
|
83.2 |
81.3 |
+1.9 pts |
|
Europe |
77.2 |
76.2 |
+1.0 pts |
|
|
82.0 |
79.9 |
+2.1 pts |
|
North America |
80.3 |
79.7 |
+0.6 pts |
|
|
82.3 |
83.0 |
-0.7 pts |
|
Latin America & Caribbean |
83.7 |
81.5 |
+2.2 pts |
|
|
84.0 |
83.1 |
+0.9 pts |
|
Africa, Middle East & S,Asia |
83.2 |
78.6 |
+4.6 pts |
|
|
80.8 |
79.5 |
+1.3 pts |
|
Asia Pacific |
82.3 |
80.7 |
+1.6 pts |
|
|
84.6 |
82.5 |
+2.1 pts |
|
|
|
|
|
|
|
|
|
|
|
Cargo Tonne Km (m) |
|
|
|
|
|
|
|
|
|
Cargo CTK |
484 |
480 |
0.8% |
|
|
5,762 |
5,454 |
5.6% |
|
|
|
|
|
|
|
|
|
|
|
Performance by Airline |
Month of December |
|
Year to Date |
VUELING |
2017 |
2016 |
Change |
|
|
2017 |
2016 |
Change |
|
Revenue Passenger Km (m) |
1,935 |
1,686 |
14.8% |
|
|
29,125 |
28,046 |
3.8% |
|
Available Seat Km (m) |
2,443 |
2,147 |
13.8% |
|
|
34,378 |
33,884 |
1.5% |
|
Cargo Tonne Km (m) |
0 |
0 |
n/a |
|
|
0 |
0 |
n/a |
|
AER LINGUS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
1,447 |
1,276 |
13.4% |
|
|
21,412 |
19,194 |
11.6% |
|
Available Seat Km (m) |
1,904 |
1,703 |
11.8% |
|
|
26,386 |
23,533 |
12.1% |
|
Cargo Tonne Km (m) |
14 |
12 |
16.7% |
|
|
155 |
127 |
22.0% |
|
IBERIA |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
4,452 |
4,046 |
10.0% |
|
|
54,941 |
51,064 |
7.6% |
|
Available Seat Km (m) |
5,355 |
4,997 |
7.2% |
|
|
65,351 |
62,282 |
4.9% |
|
Cargo Tonne Km (m) |
99 |
103 |
-3.9% |
|
|
1,107 |
1,094 |
1.2% |
|
BRITISH AIRWAYS |
|
|
|
|
|
|
|
|
|
Revenue Passenger Km (m) |
11,524 |
11,233 |
2.6% |
|
|
147,341 |
145,170 |
1.5% |
|
Available Seat Km (m) |
14,247 |
14,183 |
0.5% |
|
|
180,070 |
178,732 |
0.7% |
|
Cargo Tonne Km (m) |
371 |
365 |
1.6% |
|
|
4,500 |
4,233 |
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 Domestic includes routes within UK, Spain, Ireland and Italy
