International Consolidated Airlines Group. S.A.

Earnings Release • Oct 5, 2016

National Storage Mechanism | Additional information

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RNS Number : 7931L

International Cons Airlines Group

05 October 2016

SEPTEMBER 2016 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in September, measured in Revenue Passenger Kilometres, increased by 4.8 per cent versus September 2015; Group capacity measured in Available Seat Kilometres rose by 5.6 per cent.

§ Group premium traffic for the month of September increased by 8.4 per cent compared to the previous year.

5 October 2016

STRATEGIC DEVELOPMENTS

On 28 September, IAG announced a joint business agreement between British Airways and Qatar Airways which will start on October 30, 2016. It includes a revenue-sharing agreement between London and Doha and the joint business will allow the airlines to cooperate on scheduling and pricing. They will also codeshare on all non-stop flights operated between the UK and Doha and connecting services to destinations in the UK, continental Europe, Middle East, Asia and Africa. This will include British Airways' daily direct flights from London Heathrow to Doha.

On 29 September, British Airways announced that it is partnering with another great British brand - Marks & Spencer - to offer customers on short-haul flights the option to purchase a premium food range on board.  The new British Airways menu, which will replace the airline's current complimentary snacks, will be available in the economy cabin on short-haul and domestic flights from 2017. Additionally, customers will be able to pay with Avios via the BA app or with their Executive Club card.

This announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.

Enrique Dupuy, Chief Financial Officer, (responsible for arranging the release of this announcement).

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 September					### Year to Date
	2016	2015	Change			2016	20154	Change	Pro-forma2
Passengers Carried ('000s)	9,632	9,114	5.7%			77,525	66,202	17.1%	6.8%
Domestic3	2,196	2,085	5.3%			17,398	16,193	7.4%	5.7%
Europe	5,357	5,022	6.7%			42,475	33,690	26.1%	9.2%
North America	1,010	961	5.1%			8,258	7,156	15.4%	2.4%
Latin America & Caribbean	395	398	-0.8%			3,587	3,483	3.0%
Africa, Middle East & S,Asia	485	473	2.5%			4,153	4,181	-0.7%
Asia Pacific	189	175	8.0%			1,654	1,499	10.3%
Revenue Passenger Km (m)	22,380	21,351	4.8%			185,726	166,147	11.8%	4.9%
Domestic	1,502	1,400	7.3%			12,025	10,857	10.8%	9.3%
Europe	6,523	6,079	7.3%			50,290	40,288	24.8%	9.3%
North America	6,659	6,333	5.1%			54,664	48,112	13.6%	3.0%
Latin America & Caribbean	3,340	3,350	-0.3%			30,045	29,359	2.3%
Africa, Middle East & S,Asia	2,472	2,455	0.7%			22,237	22,676	-1.9%
Asia Pacific	1,884	1,734	8.7%			16,465	14,855	10.8%
Available Seat Km (m)	26,615	25,211	5.6%			226,356	203,381	11.3%	4.4%
Domestic	1,780	1,700	4.7%			14,849	13,921	6.7%	5.1%
Europe	7,860	7,320	7.4%			62,505	50,588	23.6%	8.0%
North America	7,756	7,219	7.4%			65,505	57,257	14.4%	3.7%
Latin America & Caribbean	3,939	3,920	0.5%			35,926	35,091	2.4%
Africa, Middle East & S,Asia	3,022	3,030	-0.3%			27,737	28,841	-3.8%
Asia Pacific	2,258	2,022	11.7%			19,834	17,683	12.2%
Passenger Load Factor (%)	84.1	84.7	-0.6 pts			82.1	81.7	+0.4 pts	+0.4 pts
Domestic	84.4	82.4	+2.0 pts			81.0	78.0	+3.0 pts	+3.2 pts
Europe	83.0	83.0	+0.0 pts			80.5	79.6	+0.9 pts	+0.9 pts
North America	85.9	87.7	-1.8 pts			83.5	84.0	-0.5 pts	-0.6 pts
Latin America & Caribbean	84.8	85.5	-0.7 pts			83.6	83.7	-0.1 pts
Africa, Middle East & S,Asia	81.8	81.0	+0.8 pts			80.2	78.6	+1.6 pts
Asia Pacific	83.4	85.8	-2.4 pts			83.0	84.0	-1.0 pts
Cargo Tonne Km (m)
Cargo CTK	448	419	6.9%			3,986	3,871	3.0%	0.5%
## Performance by Airline	Month of September					Year to Date
VUELING	2016	2015	Change			2016	20154	Change	Pro-forma2
Revenue Passenger Km (m)	2,986	2,743	8.9%			22,148	19,511	13.5%
Available Seat Km (m)	3,522	3,250	8.4%			26,569	23,979	10.8%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
AER LINGUS
Revenue Passenger Km (m)	1,982	1,780	11.3%			14,719	2,701	n/a	8.3%
Available Seat Km (m)	2,336	2,066	13.1%			17,879	3,099	n/a	8.4%
Cargo Tonne Km (m)	10	12	-16.7%			92	18	n/a	-17.9%
IBERIA
Revenue Passenger Km (m)	4,591	4,393	4.5%			38,679	36,575	5.8%
Available Seat Km (m)	5,455	5,208	4.7%			47,030	44,888	4.8%
Cargo Tonne Km (m)	90	79	13.9%			783	747	4.8%
BRITISH AIRWAYS
Revenue Passenger Km (m)	12,821	12,435	3.1%			110,180	107,360	2.6%
Available Seat Km (m)	15,302	14,687	4.2%			134,878	131,415	2.6%
Cargo Tonne Km (m)	348	328	6.1%			3,111	3,106	0.2%

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

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

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

4 2015 figures include Aer Lingus from the acquisition date of August 18, 2015

This information is provided by RNS

The company news service from the London Stock Exchange

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