Business and Financial Review • Feb 4, 2015
Business and Financial Review
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National Storage Mechanism | Additional information
RNS Number : 0697E
International Cons Airlines Group
04 February 2015
§ Group traffic in January, measured in Revenue Passenger Kilometres, increased by 5.5 per cent versus the same month in 2014; Group capacity measured in Available Seat Kilometres rose by 5.7 per cent.
§ Group premium traffic for the month of January increased by 6.4 per cent compared to the previous year.
4 February 2015
STRATEGIC DEVELOPMENTS
On 26 January, Iberia announced that it will resume services from Madrid to Havana starting on 1 June with five flights each week. The airline also announced plans to begin flights to Cali and Medellin in Colombia in early July. Iberia highlighted that this has been possible due to its restructuring which has allowed it to achieve a competitive cost base.
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 2013; these documents are available on www.iagshares.com.
| www.iagshares.com | [email protected] |
| ## Group Performance1 | ### Month of January | ||||||||
| 2015 | 2014 | Change | |||||||
| Passengers Carried ('000s) | 5,310 | 4,891 | 8.6% | ||||||
| Domestic (UK, Spain & Italy) | 1,321 | 1,201 | 10.0% | ||||||
| Europe | 2,342 | 2,089 | 12.1% | ||||||
| North America | 639 | 625 | 2.2% | ||||||
| Latin America & Caribbean | 391 | 356 | 9.8% | ||||||
| Africa, Middle East & S.Asia | 469 | 482 | -2.7% | ||||||
| Asia Pacific | 148 | 138 | 7.2% | ||||||
| Revenue Passenger Km (m) | 15,457 | 14,646 | 5.5% | ||||||
| Domestic (UK, Spain & Italy) | 892 | 817 | 9.2% | ||||||
| Europe | 2,653 | 2,390 | 11.0% | ||||||
| North America | 4,344 | 4,233 | 2.6% | ||||||
| Latin America & Caribbean | 3,332 | 3,033 | 9.9% | ||||||
| Africa, Middle East & S.Asia | 2,756 | 2,797 | -1.5% | ||||||
| Asia Pacific | 1,480 | 1,376 | 7.6% | ||||||
| Available Seat Km (m) | 20,079 | 19,001 | 5.7% | ||||||
| Domestic (UK, Spain & Italy) | 1,276 | 1,160 | 10.0% | ||||||
| Europe | 3,909 | 3,497 | 11.8% | ||||||
| North America | 5,578 | 5,455 | 2.3% | ||||||
| Latin America & Caribbean | 3,961 | 3,665 | 8.1% | ||||||
| Africa, Middle East & S.Asia | 3,521 | 3,559 | -1.1% | ||||||
| Asia Pacific | 1,834 | 1,665 | 10.2% | ||||||
| Passenger Load Factor (%) | 77.0 | 77.1 | -0.1 pts | ||||||
| Domestic (UK, Spain & Italy) | 69.9 | 70.4 | -0.5 pts | ||||||
| Europe | 67.9 | 68.3 | -0.4 pts | ||||||
| North America | 77.9 | 77.6 | +0.3 pts | ||||||
| Latin America & Caribbean | 84.1 | 82.8 | +1.3 pts | ||||||
| Africa, Middle East & S.Asia | 78.3 | 78.6 | -0.3 pts | ||||||
| Asia Pacific | 80.7 | 82.6 | -1.9 pts | ||||||
| Cargo Tonne Km (m) | |||||||||
| Cargo CTK | 407 | 432 | -5.8% | ||||||
| ## Performance by Airline | Month of January | ||||||||
| VUELING | 2015 | 2014 | Change | ||||||
| Revenue Passenger Km (m) | 1,146 | 1,006 | 13.9% | ||||||
| Available Seat Km (m) | 1,643 | 1,380 | 19.1% | ||||||
| Cargo Tonne Km (m) | 0 | 0 | n/a | ||||||
| IBERIA | |||||||||
| Revenue Passenger Km (m) | 3,442 | 3,143 | 9.5% | ||||||
| Available Seat Km (m) | 4,416 | 4,099 | 7.7% | ||||||
| Cargo Tonne Km (m) | 73 | 79 | -7.6% | ||||||
| BRITISH AIRWAYS | |||||||||
| Revenue Passenger Km (m) | 10,869 | 10,497 | 3.5% | ||||||
| Available Seat Km (m) | 14,020 | 13,522 | 3.7% | ||||||
| Cargo Tonne Km (m) | 334 | 353 | -5.4% |
1 Group performance comprises British Airways, Iberia (including Iberia Express) and Vueling. Vueling traffic is currently accounted as non-premium traffic.
This information is provided by RNS
The company news service from the London Stock Exchange
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