International Consolidated Airlines Group. S.A.

Earnings Release • Nov 8, 2013

National Storage Mechanism | Additional information

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RNS Number : 5215S

International Cons Airlines Group

08 November 2013

IAG GROUP OCTOBER 2013 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ In October 2013, Group traffic measured in Revenue Passenger Kilometres increased by 8.9 per cent versus October 2012 (up 1.1 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 8.0 per cent (down 0.1 per cent on a pro-forma basis).

§ Group premium traffic for the month of October increased by 4.0 per cent compared to the previous year, on falling capacity.

§ For current outlook please see Quarter Three results presentation.

8 November 2013

STRATEGIC DEVELOPMENTS

On 29 October, Qatar Airways joined oneworld, becoming the first major Gulf carrier to join a global airline alliance. British Airways was its sponsor into the alliance. The airline serves more than 130 destinations in 70 countries. The addition of Qatar Airways to oneworld enhances the alliance's network and product offerings in one of the world's fastest growing regions for air travel demand.

British Airways announced that its hand-baggage only and new semi-flex fare options are now available across its short-haul network of more than 90 destinations.

On 15 October, Iberia unveiled its new corporate image as part of its transformation plan which aims to reshape the company into a modern, competitive and trend-setting airline. In mid-November Iberia will start to operate its fifth Airbus A330, which will be the first with the new livery in place.

Vueling will offer seven new destinations from Barcelona-El Prat airport in the summer 2014 season: Dakar, Warsaw, Leipzig, Budapest, Belgrade and Porto and Jerez. With these new routes, Vueling will have a total of 111 destinations from Barcelona to Europe, North Africa and Middle East.

Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.

Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and International Consolidated Airlines Group S.A. (the 'Group') plans and objectives for future operations, including, without limitation, discussions of the Group's Business Plan, expected future revenues, financing plans and expected expenditures and divestments. 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 Group's forward-looking statements 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 2012; this document is available on www.iagshares.com.

## Group Performance1	### Month of October					### Year to Date
	2013	2012	Change	Pro-forma2		2013	2012	Change	Pro-forma3
Passengers Carried ('000s)	6,254	4,901	27.6%	1.9%		56,708	46,384	22.3%	1.8%
Domestic (UK & Spain)	1,599	1,117	43.2%	-7.8%		13,664	10,198	34.0%	-6.6%
Europe	2,949	2,124	38.8%	7.9%		26,721	19,694	35.7%	9.1%
North America	789	739	6.8%			7,388	7,249	1.9%
Latin America & Caribbean	346	387	-10.6%			3,475	3,948	-12.0%
Africa, Middle East & S.Asia	421	398	5.8%			4,067	3,988	2.0%
Asia Pacific	150	136	10.3%			1,393	1,307	6.6%
Revenue Passenger Km (m)	16,568	15,212	8.9%	1.1%		156,788	149,146	5.1%	-0.7%
Domestic (UK & Spain)	1,053	705	49.4%	-8.6%		8,780	6,458	36.0%	-7.3%
Europe	3,537	2,615	35.3%	6.2%		32,126	24,242	32.5%	7.8%
North America	5,284	4,996	5.8%			49,763	48,916	1.7%
Latin America & Caribbean	2,910	3,246	-10.4%			29,219	33,022	-11.5%
Africa, Middle East & S.Asia	2,304	2,285	0.8%			23,021	23,327	-1.3%
Asia Pacific	1,480	1,365	8.4%			13,879	13,181	5.3%
Available Seat Km (m)	20,398	18,887	8.0%	-0.1%		192,632	184,452	4.4%	-1.5%
Domestic (UK & Spain)	1,363	947	43.9%	-9.5%		11,547	8,563	34.8%	-6.6%
Europe	4,476	3,325	34.6%	4.9%		40,830	31,961	27.7%	4.4%
North America	6,174	5,906	4.5%			58,439	58,240	0.3%
Latin America & Caribbean	3,541	4,012	-11.7%			35,169	39,023	-9.9%
Africa, Middle East & S.Asia	3,035	3,005	1.0%			29,758	30,233	-1.6%
Asia Pacific	1,809	1,692	6.9%			16,889	16,432	2.8%
Passenger Load Factor (%)	81.2	80.5	+0.7 pts	+0.9 pts		81.4	80.9	+0.5 pts	+0.7 pts
Domestic (UK & Spain)	77.3	74.4	+2.9 pts	+0.8 pts		76.0	75.4	+0.6 pts	-0.6 pts
Europe	79.0	78.6	+0.4 pts	+0.9 pts		78.7	75.8	+2.9 pts	+2.4 pts
North America	85.6	84.6	+1.0 pts			85.2	84.0	+1.2 pts
Latin America & Caribbean	82.2	80.9	+1.3 pts			83.1	84.6	-1.5 pts
Africa, Middle East & S.Asia	75.9	76.0	-0.1 pts			77.4	77.2	+0.2 pts
Asia Pacific	81.8	80.7	+1.1 pts			82.2	80.2	+2.0 pts
Cargo and Total Capacity (m)
Cargo Tonne Km	492	530	-7.2%			4,642	5,049	-8.1%
Total Revenue Tonne Km	1,923	1,975	-2.6%			18,557	19,250	-3.6%
Available Tonne Km	2,625	2,652	-1.0%			25,377	26,009	-2.4%
Overall Load Factor	73.3	74.5	-1.2 pts			73.1	74.0	-0.9 pts
## Performance by Airline	Month of October					Year to Date
VUELING	2013	2012	Change	Pro-forma		2013	2012	Change	Pro-forma
Revenue Passenger Km (m)	1,510	0	n/a	27.6%		11,189	0	n/a	28.1%
Available Seat Km (m)	1,862	0	n/a	22.3%		13,684	0	n/a	23.2%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
IBERIA
Revenue Passenger Km (m)	3,524	4,267	-17.4%			35,245	42,475	-17.0%
Available Seat Km (m)	4,407	5,366	-17.9%			44,231	51,484	-14.1%
Cargo Tonne Km (m)	94	109	-13.8%			817	972	-15.9%
BRITISH AIRWAYS
Revenue Passenger Km (m)	11,534	10,945	5.4%			110,344	106,668	3.4%
Available Seat Km (m)	14,129	13,521	4.5%			134,717	132,974	1.3%
Cargo Tonne Km (m)	398	421	-5.5%			3,825	4,077	-6.2%

1 Group performance comprises British Airways, Iberia (including Iberia Express) and Vueling. Year to Date 2013 includes Vueling from 26th April 2013. Vueling traffic is currently accounted as non-premium traffic.

2 Monthly pro-forma includes Vueling in the baseline.

3 For Year to Date pro-forma, Vueling data is only included from 26th April 2012/13.

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