IAG Traffic and Capacity Statistics - August 2018

AUGUST 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

Group traffic in August, measured in Revenue Passenger Kilometres, increased by 7.0 per cent versus August 2017; Group capacity measured in Available Seat Kilometres rose by 6.5 per cent.

5 September 2018

STRATEGIC DEVELOPMENTS

On 28 August, Aer Lingus announced a leasing agreement with CityJet to operate flights between Dublin and London City Airport from 28 October. CityJet will provide aircraft, crew, maintenance, and insurance to Aer Lingus for the purpose of operating up to six daily return services. This will enable Aer Lingus to offer up to 50 daily flights between Dublin and London.

On 29 August, British Airways announced that four additional Embraer E190 aircraft will join the BA CityFlyer fleet during 2019. This will bring the total fleet number to 26 and add nearly 20 per cent more seats from London City Airport next year.

On 14 August, Iberia and its pilots signed a new collective agreement which will be in place until 2021. This will enable Iberia to continue with its growth plan while remaining competitive.

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.

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