International Consolidated Airlines Group. S.A.

Business and Financial Review • May 9, 2018

National Storage Mechanism | Additional information

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RNS Number : 5475N

International Cons Airlines Group

09 May 2018

APRIL 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

Group traffic in April, measured in Revenue Passenger Kilometres, increased by 3.4 per cent versus April 2017; Group capacity measured in Available Seat Kilometres rose by 4.9 per cent.

9 May 2018

STRATEGIC DEVELOPMENTS

On 11 April, British Airways and Iberia launched a new long-haul 'Basic' fare to numerous destinations to provide greater choice for customers who don't wish to check in a bag or select a seat.

On 25 April, Iberia launched its new Madrid-San Francisco route. This is the airline's sixth US destination and the only direct flight from Spain to San Francisco. The airline is also reinforcing its North America operation next winter by converting Boston to a year-round service and extending Los Angeles service into the winter season.

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 April					### Year to Date
	2018	2017	Change			2018	2017	Change
Passengers Carried ('000s)	9,183	8,798	4.4%			32,137	29,945	7.3%
Domestic2	2,181	1,987	9.8%			7,739	6,984	10.8%
Europe	4,929	4,775	3.2%			16,699	15,535	7.5%
North America	1,007	970	3.8%			3,326	3,224	3.2%
Latin America & Caribbean	405	388	4.4%			1,653	1,568	5.4%
Africa, Middle East & S,Asia	476	491	-3.1%			1,991	1,891	5.3%
Asia Pacific	185	187	-1.1%			729	743	-1.9%
Revenue Passenger Km (m)	21,759	21,045	3.4%			78,980	74,989	5.3%
Domestic	1,540	1,401	9.9%			5,495	4,889	12.4%
Europe	5,662	5,520	2.6%			18,675	17,407	7.3%
North America	6,713	6,399	4.9%			22,222	21,356	4.1%
Latin America & Caribbean	3,498	3,292	6.3%			14,114	13,258	6.5%
Africa, Middle East & S,Asia	2,492	2,559	-2.6%			11,122	10,605	4.9%
Asia Pacific	1,854	1,874	-1.1%			7,351	7,474	-1.6%
Available Seat Km (m)	26,561	25,329	4.9%			97,653	93,633	4.3%
Domestic	1,836	1,703	7.8%			6,709	6,145	9.2%
Europe	6,898	6,638	3.9%			23,386	22,117	5.7%
North America	8,416	7,714	9.1%			28,648	27,478	4.3%
Latin America & Caribbean	4,110	3,938	4.4%			16,470	15,838	4.0%
Africa, Middle East & S,Asia	3,061	3,111	-1.6%			13,639	13,186	3.4%
Asia Pacific	2,240	2,225	0.7%			8,802	8,869	-0.8%
Passenger Load Factor (%)	81.9	83.1	-1.2 pts			80.9	80.1	+0.8 pts
Domestic	83.9	82.3	+1.6 pts			81.9	79.6	+2.3 pts
Europe	82.1	83.2	-1.1 pts			79.9	78.7	+1.2 pts
North America	79.8	83.0	-3.2 pts			77.6	77.7	-0.1 pts
Latin America & Caribbean	85.1	83.6	+1.5 pts			85.7	83.7	+2.0 pts
Africa, Middle East & S,Asia	81.4	82.3	-0.9 pts			81.5	80.4	+1.1 pts
Asia Pacific	82.8	84.2	-1.4 pts			83.5	84.3	-0.8 pts
Cargo Tonne Km (m)
Cargo CTK	480	466	3.0%			1,837	1,833	0.2%

## Performance by Airline	Month of April					Year to Date
	2018	2017	Change			2018	2017	Change
AER LINGUS
Revenue Passenger Km (m)	1,842	1,827	0.8%			5,645	5,309	6.3%
Available Seat Km (m)	2,437	2,228	9.4%			7,520	7,030	7.0%
Passenger load factor (%)	75.6	82.0	-6.4 pts			75.1	75.5	-0.4 pts
Cargo Tonne Km (m)	15	14	7.1%			52	50	4.0%
BRITISH AIRWAYS      3
Revenue Passenger Km (m)	12,400	12,395	0.0%			46,608	46,032	1.3%
Available Seat Km (m)	15,301	14,955	2.3%			58,492	57,969	0.9%
Passenger load factor (%)	81.0	82.9	-1.9 pts			79.7	79.4	+0.3 pts
Cargo Tonne Km (m)	371	368	0.8%			1,427	1,446	-1.3%
IBERIA
Revenue Passenger Km (m)	4,836	4,362	10.9%			17,977	16,165	11.2%
Available Seat Km (m)	5,599	5,206	7.5%			21,059	19,512	7.9%
Passenger load factor (%)	86.4	83.8	+2.6 pts			85.4	82.8	+2.6 pts
Cargo Tonne Km (m)	94	84	11.9%			358	337	6.2%
VUELING
Revenue Passenger Km (m)	2,630	2,461	6.9%			8,549	7,483	14.2%
Available Seat Km (m)	3,165	2,940	7.7%			10,323	9,122	13.2%
Passenger load factor (%)	83.1	83.7	-0.6 pts			82.8	82.0	+0.8 pts
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a

1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express and LEVEL) and Vueling. Vueling traffic is accounted as non-premium traffic

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

3 British Airways figures exclude Openskies in 2018, but include Openskies in 2017

This information is provided by RNS

The company news service from the London Stock Exchange

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