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International Consolidated Airlines Group. S.A.

Earnings Release Jan 8, 2016

1846_rns_2016-01-08_d3af85e8-3116-48b3-a9f2-ec8d88ad55e8.html

Earnings Release

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RNS Number : 3385L

International Cons Airlines Group

08 January 2016

DECEMBER 2015 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in December, measured in Revenue Passenger Kilometres, increased by 10.5 per cent versus December 2014 (up 3.8 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 12.1 per cent (up 4.6 per cent on a pro-forma basis).

§ Including Aer Lingus, for the full year IAG airlines carried almost 95 million passengers in 2015.

§ Group premium traffic for the month of December decreased by 0.3 per cent on a pro-forma basis.

§ The terrorist incidents in Paris in November and the US Government travel advisory had a temporary negative impact on load factors and premium traffic in December. However, our guidance for full-year 2015 operating profit, issued with our third quarter results, remains unchanged.

8 January 2016

STRATEGIC DEVELOPMENTS

On 28 December, Iberia took delivery of its first of 13 Airbus 330-200 that IAG has ordered to replace and expand the airline's existing longhaul fleet. This modern, fuel efficient aircraft will bring both cost efficiencies and environmental benefits to Iberia. 

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 2014; these documents are available on www.iagshares.com.

## Group Performance1 ### Month of December ### Year to Date
2015 2014 Change Pro-forma2 2015 2014 Change Pro-forma3
Passengers Carried ('000s) 6,735 5,793 16.3% 5.0% 88,333 77,334 14.2% 9.3%
Domestic4 1,603 1,526 5.0% 2.8% 21,390 19,974 7.1% 6.2%
Europe 3,304 2,590 27.6% 7.5% 44,987 36,704 22.6% 13.9%
North America 796 699 13.9% -0.6% 9,730 9,076 7.2% 1.2%
Latin America & Caribbean 403 368 9.5% 4,668 4,202 11.1%
Africa, Middle East & S,Asia 471 468 0.6% 5,558 5,562 -0.1%
Asia Pacific 158 142 11.3% 2,000 1,816 10.1%
Revenue Passenger Km (m) 17,553 15,878 10.5% 3.8% 221,996 202,562 9.6% 6.5%
Domestic 1,108 1,018 8.8% 6.9% 14,413 13,230 8.9% 8.2%
Europe 3,652 2,927 24.8% 8.1% 53,104 43,564 21.9% 14.2%
North America 5,203 4,686 11.0% -0.8% 64,966 61,009 6.5% 1.6%
Latin America & Caribbean 3,342 3,116 7.3% 39,260 35,730 9.9%
Africa, Middle East & S,Asia 2,665 2,711 -1.7% 30,396 31,049 -2.1%
Asia Pacific 1,583 1,420 11.5% 19,857 17,980 10.4%
Available Seat Km (m) 22,328 19,923 12.1% 4.6% 272,702 251,931 8.2% 5.1%
Domestic 1,435 1,332 7.7% 5.4% 18,437 17,112 7.7% 6.9%
Europe 5,008 3,939 27.1% 8.6% 67,169 55,746 20.5% 12.5%
North America 6,395 5,608 14.0% 1.1% 77,315 73,429 5.3% 0.5%
Latin America & Caribbean 4,119 3,857 6.8% 47,251 43,895 7.6%
Africa, Middle East & S,Asia 3,350 3,428 -2.3% 38,659 39,841 -3.0%
Asia Pacific 2,021 1,759 14.9% 23,871 21,908 9.0%
Passenger Load Factor (%) 78.6 79.7 -1.1 pts -0.6 pts 81.4 80.4 +1.0 pts +1.0 pts
Domestic 77.2 76.4 +0.8 pts +1.1 pts 78.2 77.3 +0.9 pts +1.0 pts
Europe 72.9 74.3 -1.4 pts -0.4 pts 79.1 78.1 +1.0 pts +1.2 pts
North America 81.4 83.6 -2.2 pts -1.5 pts 84.0 83.1 +0.9 pts +0.9 pts
Latin America & Caribbean 81.1 80.8 +0.3 pts 83.1 81.4 +1.7 pts
Africa, Middle East & S,Asia 79.6 79.1 +0.5 pts 78.6 77.9 +0.7 pts
Asia Pacific 78.3 80.7 -2.4 pts 83.2 82.1 +1.1 pts
Cargo Tonne Km (m)
Cargo CTK 464 458 1.3% -1.3% 5,293 5,453 -2.9% -3.9%
## Performance by Airline Month of December Year to Date
VUELING 2015 2014 Change Pro-forma 2015 2014 Change Pro-forma
Revenue Passenger Km (m) 1,490 1,340 11.2% 24,775 21,445 15.5%
Available Seat Km (m) 1,903 1,735 9.7% 30,476 26,686 14.2%
Cargo Tonne Km (m) 0 0 n/a 0 0 n/a
AER LINGUS
Revenue Passenger Km (m) 1,142 0 n/a 11.0% 6,641 0 n/a 11.1%
Available Seat Km (m) 1,533 0 n/a 7.6% 8,080 0 n/a 6.3%
Cargo Tonne Km (m) 13 0 n/a 8.3% 56 0 n/a 1.8%
IBERIA
Revenue Passenger Km (m) 3,896 3,476 12.1% 48,564 42,686 13.8%
Available Seat Km (m) 4,950 4,453 11.2% 59,872 54,328 10.2%
Cargo Tonne Km (m) 103 95 8.4% 1,057 999 5.8%
BRITISH AIRWAYS
Revenue Passenger Km (m) 11,025 11,062 -0.3% 142,016 138,431 2.6%
Available Seat Km (m) 13,942 13,735 1.5% 174,274 170,917 2.0%
Cargo Tonne Km (m) 348 363 -4.1% 4,180 4,454 -6.2%

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

2 Monthly pro-forma includes Aer Lingus in the base

3 For Year to Date pro-forma, Aer Lingus data is only included from 18th August 2014/15

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

This information is provided by RNS

The company news service from the London Stock Exchange

END

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