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International Consolidated Airlines Group. S.A.

Earnings Release Mar 4, 2015

1846_rns_2015-03-04_50818df7-f105-4031-a3a2-359c900accf0.html

Earnings Release

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RNS Number : 5526G

International Cons Airlines Group

04 March 2015

FEBRUARY 2015 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.5 per cent versus February 2014; Group capacity measured in Available Seat Kilometres rose by 4.3 per cent.

§ Group premium traffic for the month of February increased by 2.8 per cent compared to the previous year.

4 March 2015

STRATEGIC DEVELOPMENTS

Iberia and its subsidiary Iberia Express were the world's most punctual airlines in January according to the latest ranking published by FlightStats. Iberia led network carriers with 92.72 per cent of flights on time while Iberia Express achieved 96.34 per cent punctuality the highest score among low cost carriers. The airline's improvement in operational performance has been a key aspect of its restructuring.

British Airways is changing its 'On Business' loyalty scheme for small and medium sized businesses to incorporate American Airlines and Iberia. The new partnership will allow On Business members to benefit from collecting and spending across all three airlines under one programme.

Vueling has become the first airline to offer a self service baggage check-in at its hub in Barcelona.

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 2013; these documents are available on www.iagshares.com.

[email protected]
## Group Performance1 ### Month of February ### Year to Date
2015 2014 Change 2015 2014 Change
Passengers Carried ('000s) 5,090 4,713 8.0% 10,400 9,604 8.3%
Domestic (UK, Spain & Italy) 1,353 1,227 10.3% 2,674 2,428 10.1%
Europe 2,324 2,112 10.0% 4,666 4,201 11.1%
North America 533 520 2.5% 1,172 1,145 2.4%
Latin America & Caribbean 347 312 11.2% 738 668 10.5%
Africa, Middle East & S.Asia 400 422 -5.2% 869 904 -3.9%
Asia Pacific 133 120 10.8% 281 258 8.9%
Revenue Passenger Km (m) 13,769 13,049 5.5% 29,226 27,695 5.5%
Domestic (UK, Spain & Italy) 892 801 11.4% 1,784 1,618 10.3%
Europe 2,595 2,386 8.8% 5,248 4,776 9.9%
North America 3,636 3,533 2.9% 7,980 7,766 2.8%
Latin America & Caribbean 2,955 2,663 11.0% 6,287 5,696 10.4%
Africa, Middle East & S.Asia 2,372 2,472 -4.0% 5,128 5,269 -2.7%
Asia Pacific 1,319 1,194 10.5% 2,799 2,570 8.9%
Available Seat Km (m) 18,063 17,320 4.3% 38,142 36,321 5.0%
Domestic (UK, Spain & Italy) 1,198 1,078 11.1% 2,474 2,238 10.5%
Europe 3,603 3,279 9.9% 7,512 6,776 10.9%
North America 4,904 4,926 -0.4% 10,482 10,381 1.0%
Latin America & Caribbean 3,613 3,318 8.9% 7,574 6,983 8.5%
Africa, Middle East & S.Asia 3,109 3,197 -2.8% 6,630 6,756 -1.9%
Asia Pacific 1,636 1,522 7.5% 3,470 3,187 8.9%
Passenger Load Factor (%) 76.2 75.3 +0.9 pts 76.6 76.3 +0.3 pts
Domestic (UK, Spain & Italy) 74.5 74.3 +0.2 pts 72.1 72.3 -0.2 pts
Europe 72.0 72.8 -0.8 pts 69.9 70.5 -0.6 pts
North America 74.1 71.7 +2.4 pts 76.1 74.8 +1.3 pts
Latin America & Caribbean 81.8 80.3 +1.5 pts 83.0 81.6 +1.4 pts
Africa, Middle East & S.Asia 76.3 77.3 -1.0 pts 77.3 78.0 -0.7 pts
Asia Pacific 80.6 78.4 +2.2 pts 80.7 80.6 +0.1 pts
Cargo Tonne Km (m)
Cargo CTK 422 430 -1.9% 829 862 -3.8%
## Performance by Airline Month of February Year to Date
VUELING 2015 2014 Change 2015 2014 Change
Revenue Passenger Km (m) 1,086 973 11.6% 2,232 1,979 12.8%
Available Seat Km (m) 1,419 1,219 16.4% 3,062 2,599 17.8%
Cargo Tonne Km (m) 0 0 n/a 0 0 n/a
IBERIA
Revenue Passenger Km (m) 3,095 2,794 10.8% 6,537 5,937 10.1%
Available Seat Km (m) 4,001 3,707 7.9% 8,417 7,806 7.8%
Cargo Tonne Km (m) 81 79 2.5% 154 158 -2.5%
BRITISH AIRWAYS
Revenue Passenger Km (m) 9,588 9,282 3.3% 20,457 19,779 3.4%
Available Seat Km (m) 12,643 12,394 2.0% 26,663 25,916 2.9%
Cargo Tonne Km (m) 341 351 -2.8% 675 704 -4.1%

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

This information is provided by RNS

The company news service from the London Stock Exchange

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