AI Terminal

MODULE: AI_ANALYST
Interactive Q&A, Risk Assessment, Summarization
MODULE: DATA_EXTRACT
Excel Export, XBRL Parsing, Table Digitization
MODULE: PEER_COMP
Sector Benchmarking, Sentiment Analysis
SYSTEM ACCESS LOCKED
Authenticate / Register Log In

International Consolidated Airlines Group. S.A.

Earnings Release Jul 5, 2016

1846_rns_2016-07-05_c03fd564-321e-4ef9-8031-ac4bce5d89b2.html

Earnings Release

Open in Viewer

Opens in native device viewer

National Storage Mechanism | Additional information

You don't have Javascript enabled. For full functionality this page requires javascript to be enabled.

RNS Number : 3127D

International Cons Airlines Group

05 July 2016

JUNE 2016 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in June, measured in Revenue Passenger Kilometres, increased by 13.6 per cent versus June 2015 (up 3.5 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 13.2 per cent (up 3.3 per cent on a pro-forma basis).

§ Group premium traffic for the month of June increased by 0.1 per cent on a pro-forma basis.

5 July 2016

STRATEGIC DEVELOPMENTS

On 28 June, Iberia launched its new route between Madrid and Shanghai. The airline is operating three flights per week on an A330-200 equipped with new long haul cabins.

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", "June", "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 2015; these documents are available on www.iagshares.com.

## Group Performance1 ### Month of June ### Year to Date
2016 2015 Change Pro-forma2 2016 2015 Change Pro-forma3
Passengers Carried ('000s) 9,453 7,794 21.3% 7.1% 46,676 38,638 20.8% 7.9%
Domestic4 2,130 1,923 10.8% 8.7% 10,687 9,696 10.2% 8.0%
Europe 5,303 3,996 32.7% 9.9% 24,875 18,763 32.6% 10.4%
North America 1,037 869 19.3% 0.5% 5,120 4,354 17.6% 2.5%
Latin America & Caribbean 391 389 0.5% 2,307 2,227 3.6%
Africa, Middle East & S,Asia 401 440 -8.9% 2,637 2,662 -0.9%
Asia Pacific 191 177 7.9% 1,050 936 12.2%
Revenue Passenger Km (m) 22,021 19,387 13.6% 3.5% 114,295 100,875 13.3% 5.3%
Domestic 1,445 1,254 15.2% 13.4% 7,362 6,429 14.5% 12.6%
Europe 6,378 4,877 30.8% 9.2% 28,709 21,968 30.7% 10.4%
North America 6,859 5,851 17.2% 1.6% 33,926 29,453 15.2% 2.9%
Latin America & Caribbean 3,284 3,297 -0.4% 19,301 18,866 2.3%
Africa, Middle East & S,Asia 2,169 2,358 -8.0% 14,533 14,888 -2.4%
Asia Pacific 1,886 1,750 7.8% 10,464 9,271 12.9%
Available Seat Km (m) 26,201 23,155 13.2% 3.3% 142,915 127,243 12.3% 4.3%
Domestic 1,733 1,595 8.7% 6.8% 9,361 8,564 9.3% 7.2%
Europe 7,712 6,068 27.1% 6.1% 37,097 28,876 28.5% 8.4%
North America 7,845 6,605 18.8% 3.6% 41,536 36,108 15.0% 2.8%
Latin America & Caribbean 3,909 3,829 2.1% 23,488 22,939 2.4%
Africa, Middle East & S,Asia 2,778 2,997 -7.3% 18,540 19,355 -4.2%
Asia Pacific 2,224 2,061 7.9% 12,893 11,401 13.1%
Passenger Load Factor (%) 84.0 83.7 +0.3 pts +0.1 pts 80.0 79.3 +0.7 pts +0.8 pts
Domestic 83.4 78.6 +4.8 pts +4.9 pts 78.6 75.1 +3.5 pts +3.7 pts
Europe 82.7 80.4 +2.3 pts +2.3 pts 77.4 76.1 +1.3 pts +1.4 pts
North America 87.4 88.6 -1.2 pts -1.7 pts 81.7 81.6 +0.1 pts +0.1 pts
Latin America & Caribbean 84.0 86.1 -2.1 pts 82.2 82.2 +0.0 pts
Africa, Middle East & S,Asia 78.1 78.7 -0.6 pts 78.4 76.9 +1.5 pts
Asia Pacific 84.8 84.9 -0.1 pts 81.2 81.3 -0.1 pts
Cargo Tonne Km (m)
Cargo CTK 429 416 3.1% 0.2% 2,654 2,607 1.8% -1.0%
## Performance by Airline Month of June Year to Date
VUELING 2016 2015 Change Pro-forma 2016 2015 Change Pro-forma
Revenue Passenger Km (m) 2,818 2,430 16.0% 12,145 10,291 18.0%
Available Seat Km (m) 3,373 3,041 10.9% 15,010 13,171 14.0%
Cargo Tonne Km (m) 0 0 n/a 0 0 n/a
AER LINGUS
Revenue Passenger Km (m) 2,001 0 n/a 5.9% 8,418 0 n/a 9.3%
Available Seat Km (m) 2,327 0 n/a 5.6% 10,659 0 n/a 8.4%
Cargo Tonne Km (m) 10 0 n/a -16.7% 62 0 n/a -16.2%
IBERIA
Revenue Passenger Km (m) 4,467 4,361 2.4% 23,838 22,359 6.6%
Available Seat Km (m) 5,337 5,217 2.3% 29,643 28,200 5.1%
Cargo Tonne Km (m) 80 80 0.0% 517 498 3.8%
BRITISH AIRWAYS
Revenue Passenger Km (m) 12,735 12,596 1.1% 69,894 68,225 2.4%
Available Seat Km (m) 15,164 14,897 1.8% 87,603 85,872 2.0%
Cargo Tonne Km (m) 339 336 0.9% 2,075 2,109 -1.6%

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 Year to Date pro-forma includes Aer Lingus in the base

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

MSCXELFBQDFEBBV

Talk to a Data Expert

Have a question? We'll get back to you promptly.