International Consolidated Airlines Group. S.A.

Earnings Release • Sep 3, 2014

National Storage Mechanism | Additional information

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RNS Number : 7656Q

International Cons Airlines Group

03 September 2014

AUGUST 2014 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

§ In August 2014, Group traffic measured in Revenue Passenger Kilometres increased by 8.7 per cent versus August 2013; Group capacity measured in Available Seat Kilometres rose by 9.5 per cent.

§ Group premium traffic for the month of August increased by 8.7 per cent compared to the previous year.

3 September 2014

STRATEGIC DEVELOPMENTS

British Airways and Iberia have jointly launched a new product which allows customers to hold a reservation and a fare for up to 72 hours before deciding to purchase tickets. It applies to bookings for all flights operated by British Airways, Iberia, Iberia Express and Air Nostrum. The new scheme is designed to give travellers the time to make sure they're happy with their flight choices before paying.

On 1 September, Iberia resumed its flights between Madrid and Montevideo as well as Santo Domingo. The airline is offering four weekly services to the Uruguayan capital and five flights per week to the capital of the Dominican Republic. Iberia operates more than 200 weekly flights between Madrid and 16 Latin American destinations.

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 August					### Year to Date
	2014	2013	Change			2014	2013	Change	Pro-forma2
Passengers Carried ('000s)	8,106	7,329	10.6%			51,427	43,713	17.6%	8.3%
Domestic (UK, Spain & Italy)	2,029	1,844	10.0%			13,134	10,352	26.9%	7.0%
Europe	4,113	3,634	13.2%			24,533	20,287	20.9%	10.9%
North America	894	837	6.8%			6,060	5,793	4.6%
Latin America & Caribbean	361	355	1.7%			2,748	2,780	-1.2%
Africa, Middle East & S.Asia	534	502	6.4%			3,753	3,404	10.3%
Asia Pacific	175	157	11.5%			1,199	1,097	9.3%
Revenue Passenger Km (m)	20,053	18,444	8.7%			134,786	122,945	9.6%	6.5%
Domestic (UK, Spain & Italy)	1,381	1,237	11.6%			8,748	6,629	32.0%	8.3%
Europe	5,101	4,469	14.1%			29,245	23,880	22.5%	12.6%
North America	5,988	5,620	6.5%			40,762	39,074	4.3%
Latin America & Caribbean	3,048	2,970	2.6%			23,344	23,334	0.0%
Africa, Middle East & S.Asia	2,812	2,601	8.1%			20,833	19,082	9.2%
Asia Pacific	1,723	1,547	11.4%			11,854	10,946	8.3%
Available Seat Km (m)	23,676	21,622	9.5%			168,053	151,770	10.7%	7.3%
Domestic (UK, Spain & Italy)	1,706	1,502	13.6%			11,383	8,817	29.1%	6.9%
Europe	6,090	5,351	13.8%			37,478	30,665	22.2%	11.9%
North America	6,844	6,310	8.5%			49,422	46,109	7.2%
Latin America & Caribbean	3,768	3,585	5.1%			28,631	28,211	1.5%
Africa, Middle East & S.Asia	3,332	3,102	7.4%			26,660	24,590	8.4%
Asia Pacific	1,936	1,772	9.3%			14,479	13,378	8.2%
Passenger Load Factor (%)	84.7	85.3	-0.6 pts			80.2	81.0	-0.8 pts	-0.6 pts
Domestic (UK, Spain & Italy)	80.9	82.4	-1.5 pts			76.9	75.2	+1.7 pts	+1.0 pts
Europe	83.8	83.5	+0.3 pts			78.0	77.9	+0.1 pts	+0.5 pts
North America	87.5	89.1	-1.6 pts			82.5	84.7	-2.2 pts
Latin America & Caribbean	80.9	82.8	-1.9 pts			81.5	82.7	-1.2 pts
Africa, Middle East & S.Asia	84.4	83.8	+0.6 pts			78.1	77.6	+0.5 pts
Asia Pacific	89.0	87.3	+1.7 pts			81.9	81.8	+0.1 pts
Cargo Tonne Km (m)
Cargo CTK	438	459	-4.6%			3,584	3,683	-2.7%
## Performance by Airline	Month of August					Year to Date
VUELING	2014	2013	Change			2014	2013	Change	Pro-forma
Revenue Passenger Km (m)	2,898	2,282	27.0%			14,475	7,794	n/a	26.7%
Available Seat Km (m)	3,399	2,632	29.1%			18,054	9,575	n/a	25.7%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
IBERIA
Revenue Passenger Km (m)	4,104	3,946	4.0%			28,184	28,002	0.6%
Available Seat Km (m)	5,149	4,851	6.1%			35,892	35,355	1.5%
Cargo Tonne Km (m)	77	74	4.1%			626	648	-3.4%
BRITISH AIRWAYS
Revenue Passenger Km (m)	13,051	12,216	6.8%			92,127	87,149	5.7%
Available Seat Km (m)	15,128	14,139	7.0%			114,107	106,840	6.8%
Cargo Tonne Km (m)	361	385	-6.2%			2,958	3,035	-2.5%

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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