International Consolidated Airlines Group. S.A.

Earnings Release • Jun 4, 2014

National Storage Mechanism | Additional information

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RNS Number : 8591I

International Cons Airlines Group

04 June 2014

MAY 2014 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

§ In May 2014, Group traffic measured in Revenue Passenger Kilometres increased by 7.3 per cent versus May 2013; Group capacity measured in Available Seat Kilometres rose by 8.0 per cent.

§ Group premium traffic for the month of May increased by 9.7 per cent compared to the previous year.

§ Underlying market conditions remain unchanged from those published at Quarter One results.

4 June 2014

STRATEGIC DEVELOPMENTS

On 19 May, British Airways announced five new routes from Gatwick to Cagliari in Sardinia, Crete and Rhodes in Greece, and Bodrum and Dalaman in Turkey. The airline will start these services in April 2015.

In June, Iberia will add additional summer service from Madrid to Chicago, increasing to 10 weekly services from seven.  In addition, Iberia will increase year-round service to Panama, one of Latin America's fastest growing markets, increasing from five weekly services to six in June and to seven in July.

On 1 May, Vueling started operations from its new base in Brussels. The airline has also begun services between Rome and Catania, connecting the capital with Southern Italy.

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, wheter 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.

## Group Performance1	### Month of May					### Year to Date
	2014	2013	Change			2014	2013	Change	Pro-forma2
Passengers Carried ('000s)	6,700	6,193	8.2%			28,337	22,572	25.5%	7.5%
Domestic (UK, Spain & Italy)	1,693	1,601	5.7%			7,179	4,890	46.8%	5.4%
Europe	3,239	2,924	10.8%			13,064	10,018	30.4%	10.3%
North America	833	814	2.3%			3,432	3,282	4.6%
Latin America & Caribbean	341	327	4.3%			1,685	1,723	-2.2%
Africa, Middle East & S.Asia	450	399	12.8%			2,286	2,021	13.1%
Asia Pacific	144	128	12.5%			691	638	8.3%
Revenue Passenger Km (m)	17,345	16,160	7.3%			77,155	69,207	11.5%	5.9%
Domestic (UK, Spain & Italy)	1,124	1,050	7.0%			4,794	3,047	57.3%	6.6%
Europe	3,861	3,411	13.2%			15,150	11,381	33.1%	12.4%
North America	5,582	5,463	2.2%			23,137	22,208	4.2%
Latin America & Caribbean	2,895	2,763	4.8%			14,317	14,424	-0.7%
Africa, Middle East & S.Asia	2,460	2,197	12.0%			12,888	11,737	9.8%
Asia Pacific	1,423	1,276	11.5%			6,869	6,410	7.2%
Available Seat Km (m)	21,924	20,303	8.0%			98,920	88,396	11.9%	6.2%
Domestic (UK, Spain & Italy)	1,485	1,381	7.5%			6,392	4,383	45.8%	2.8%
Europe	5,062	4,448	13.8%			20,176	15,476	30.4%	10.2%
North America	6,568	6,319	3.9%			29,146	27,269	6.9%
Latin America & Caribbean	3,613	3,476	3.9%			17,633	17,586	0.3%
Africa, Middle East & S.Asia	3,283	3,010	9.1%			16,850	15,490	8.8%
Asia Pacific	1,913	1,669	14.6%			8,723	8,192	6.5%
Passenger Load Factor (%)	79.1	79.6	-0.5 pts			78.0	78.3	-0.3 pts	-0.2 pts
Domestic (UK, Spain & Italy)	75.7	76.0	-0.3 pts			75.0	69.5	+5.5 pts	+2.7 pts
Europe	76.3	76.7	-0.4 pts			75.1	73.5	+1.6 pts	+1.5 pts
North America	85.0	86.5	-1.5 pts			79.4	81.4	-2.0 pts
Latin America & Caribbean	80.1	79.5	+0.6 pts			81.2	82.0	-0.8 pts
Africa, Middle East & S.Asia	74.9	73.0	+1.9 pts			76.5	75.8	+0.7 pts
Asia Pacific	74.4	76.5	-2.1 pts			78.7	78.2	+0.5 pts
Cargo Tonne Km (m)
Cargo CTK	446	461	-3.3%			2,249	2,293	-1.9%
## Performance by Airline	Month of May					Year to Date
VUELING	2014	2013	Change			2014	2013	Change	Pro-forma
Revenue Passenger Km (m)	1,906	1,503	26.8%			6,895	1,733	n/a	28.5%
Available Seat Km (m)	2,448	1,972	24.1%			8,720	2,274	n/a	23.5%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
IBERIA
Revenue Passenger Km (m)	3,562	3,470	2.7%			16,245	16,398	-0.9%
Available Seat Km (m)	4,579	4,480	2.2%			21,024	21,148	-0.6%
Cargo Tonne Km (m)	78	85	-8.2%			395	417	-5.3%
BRITISH AIRWAYS
Revenue Passenger Km (m)	11,877	11,187	6.2%			54,015	51,076	5.8%
Available Seat Km (m)	14,897	13,851	7.6%			69,176	64,974	6.5%
Cargo Tonne Km (m)	368	376	-2.1%			1,854	1,876	-1.2%

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

2 Pro-forma figures include Vueling in the baseline.

This information is provided by RNS

The company news service from the London Stock Exchange

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