International Consolidated Airlines Group. S.A.

Business and Financial Review • Aug 4, 2016

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RNS Number : 3046G

International Cons Airlines Group

04 August 2016

JULY 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in July, measured in Revenue Passenger Kilometres, increased by 15.7 per cent versus July 2015 (up 5.6 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 14.3 per cent (up 4.6 per cent on a pro-forma basis).

§ Group premium traffic for the month of July increased by 6.1 per cent on a pro-forma basis.

4 August 2016

STRATEGIC DEVELOPMENTS

On 14 July, IAG announced that it had converted two Airbus 330-300 longhaul aircraft options into firm orders for Aer Lingus. These aircraft will be delivered in 2017 and will facilitate expansion on Aer Lingus' transatlantic network.

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, (responsible for arranging the release of this announcement).

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", "June", "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 2015; these documents are available on www.iagshares.com.

## Group Performance1	### Month of July					### Year to Date
	2016	2015	Change	Pro-forma2		2016	2015	Change	Pro-forma3
Passengers Carried ('000s)	10,645	8,829	20.6%	6.9%		57,321	47,467	20.8%	7.7%
Domestic4	2,307	2,224	3.7%	1.8%		12,994	11,920	9.0%	6.8%
Europe	6,121	4,609	32.8%	10.7%		30,996	23,372	32.6%	10.4%
North America	1,061	876	21.1%	1.6%		6,181	5,230	18.2%	2.3%
Latin America & Caribbean	447	433	3.2%			2,754	2,660	3.5%
Africa, Middle East & S,Asia	497	492	1.0%			3,134	3,154	-0.6%
Asia Pacific	212	195	8.7%			1,262	1,131	11.6%
Revenue Passenger Km (m)	24,571	21,230	15.7%	5.6%		138,866	122,105	13.7%	5.3%
Domestic	1,587	1,487	6.7%	5.2%		8,949	7,916	13.0%	11.2%
Europe	7,538	5,686	32.6%	11.3%		36,247	27,654	31.1%	10.6%
North America	7,041	5,912	19.1%	3.0%		40,967	35,365	15.8%	2.9%
Latin America & Caribbean	3,744	3,620	3.4%			23,045	22,486	2.5%
Africa, Middle East & S,Asia	2,561	2,590	-1.1%			17,094	17,478	-2.2%
Asia Pacific	2,100	1,935	8.5%			12,564	11,206	12.1%
Available Seat Km (m)	28,317	24,765	14.3%	4.6%		171,232	152,008	12.6%	4.3%
Domestic	1,849	1,803	2.6%	1.0%		11,210	10,367	8.1%	6.1%
Europe	8,723	6,723	29.7%	9.5%		45,820	35,599	28.7%	8.6%
North America	8,116	6,772	19.8%	4.1%		49,652	42,880	15.8%	3.0%
Latin America & Caribbean	4,240	4,125	2.8%			27,728	27,064	2.5%
Africa, Middle East & S,Asia	3,044	3,212	-5.2%			21,584	22,567	-4.4%
Asia Pacific	2,345	2,130	10.1%			15,238	13,531	12.6%
Passenger Load Factor (%)	86.8	85.7	+1.1 pts	+0.8 pts		81.1	80.3	+0.8 pts	+0.8 pts
Domestic	85.8	82.5	+3.3 pts	+3.3 pts		79.8	76.4	+3.4 pts	+3.6 pts
Europe	86.4	84.6	+1.8 pts	+1.4 pts		79.1	77.7	+1.4 pts	+1.4 pts
North America	86.8	87.3	-0.5 pts	-0.9 pts		82.5	82.5	+0.0 pts	-0.1 pts
Latin America & Caribbean	88.3	87.8	+0.5 pts			83.1	83.1	+0.0 pts
Africa, Middle East & S,Asia	84.1	80.6	+3.5 pts			79.2	77.4	+1.8 pts
Asia Pacific	89.6	90.8	-1.2 pts			82.5	82.8	-0.3 pts
Cargo Tonne Km (m)
Cargo CTK	447	422	5.9%	2.8%		3,101	3,029	2.4%	-0.5%
## Performance by Airline	Month of July					Year to Date
VUELING	2016	2015	Change	Pro-forma		2016	2015	Change	Pro-forma
Revenue Passenger Km (m)	3,477	3,059	13.7%			15,622	13,350	17.0%
Available Seat Km (m)	3,986	3,637	9.6%			18,996	16,808	13.0%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
AER LINGUS
Revenue Passenger Km (m)	2,163	0	n/a	6.3%		10,581	0	n/a	8.7%
Available Seat Km (m)	2,447	0	n/a	6.5%		13,106	0	n/a	8.0%
Cargo Tonne Km (m)	11	0	n/a	-15.4%		73	0	n/a	-16.1%
IBERIA
Revenue Passenger Km (m)	5,132	4,874	5.3%			28,970	27,233	6.4%
Available Seat Km (m)	5,922	5,679	4.3%			35,565	33,879	5.0%
Cargo Tonne Km (m)	93	86	8.1%			610	584	4.5%
BRITISH AIRWAYS
Revenue Passenger Km (m)	13,799	13,297	3.8%			83,693	81,522	2.7%
Available Seat Km (m)	15,962	15,449	3.3%			103,565	101,321	2.2%
Cargo Tonne Km (m)	343	336	2.1%			2,418	2,445	-1.1%

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 Year to Date pro-forma includes Aer Lingus in the base

4 Domestic includes routes within UK, Spain, Ireland and Italy

This information is provided by RNS

The company news service from the London Stock Exchange

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