International Consolidated Airlines Group. S.A.

Earnings Release • May 5, 2017

National Storage Mechanism | Additional information

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RNS Number : 2628E

International Cons Airlines Group

05 May 2017

APRIL 2017 - GROUP TRAFFIC AND CAPACITY STATISTICS

§ Group traffic in April, measured in Revenue Passenger Kilometres, increased by 10.0 per cent versus April 2016; Group capacity measured in Available Seat Kilometres rose by 4.0 per cent.

§ Group premium traffic for the month of April increased by 7.0 per cent compared to the previous year.

5 May 2017

STRATEGIC DEVELOPMENTS

On 5 April, British Airways launched a £400 million investment plan which includes improvements in Club World, the introduction of Club Europe on UK domestic services, new lounges and First Wing direct security and lounge access at Heathrow. In addition, self-service check-in and biometric boarding gates will speed up airport processes. Over the next two years, the airline's shorthaul and longhaul fleets will be fitted with the latest generation Wi-Fi.

On 24 April, IAG announced that following its highly successful accelerator programme, Hangar 51, the Group will invest in two start-ups. Esplorio (an app that records and shares travel experiences) and Vchain (blockchain technology that allows customers to have control over their data and helps them get through airports faster) were selected to continue working with the Group to further develop their products and benefit customers. They will also receive funding from IAG's multimillion pound investment fund for digital transformation.

On 2 May, Vueling announced that it has carried more than 100 million passengers at Barcelona airport since it started operations 13 years ago. Vueling is the leading airline at El Prat from where it flies to more than 130 European destinations and has 36 per cent market share.

LEI: 959800TZHQRUSH1ESL13

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", "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 2016; these documents are available on www.iagshares.com.

## Group Performance1	### Month of April					### Year to Date
	2017	2016	Change			2017	2016	Change
Passengers Carried ('000s)	8,798	7,980	10.3%			29,945	28,349	5.6%
Domestic2	1,987	1,815	9.5%			6,984	6,582	6.1%
Europe	4,775	4,313	10.7%			15,535	14,654	6.0%
North America	970	880	10.2%			3,224	3,094	4.2%
Latin America & Caribbean	388	358	8.4%			1,568	1,542	1.7%
Africa, Middle East & S,Asia	491	434	13.1%			1,891	1,798	5.2%
Asia Pacific	187	180	3.9%			743	679	9.4%
Revenue Passenger Km (m)	21,045	19,133	10.0%			74,989	71,355	5.1%
Domestic	1,401	1,248	12.3%			4,889	4,574	6.9%
Europe	5,520	5,003	10.3%			17,407	16,503	5.5%
North America	6,399	5,818	10.0%			21,356	20,527	4.0%
Latin America & Caribbean	3,292	2,986	10.2%			13,258	12,899	2.8%
Africa, Middle East & S,Asia	2,559	2,287	11.9%			10,605	10,052	5.5%
Asia Pacific	1,874	1,791	4.6%			7,474	6,800	9.9%
Available Seat Km (m)	25,329	24,352	4.0%			93,633	90,503	3.5%
Domestic	1,703	1,614	5.5%			6,145	5,950	3.3%
Europe	6,638	6,543	1.5%			22,117	21,938	0.8%
North America	7,714	7,210	7.0%			27,478	25,892	6.1%
Latin America & Caribbean	3,938	3,812	3.3%			15,838	15,554	1.8%
Africa, Middle East & S,Asia	3,111	2,947	5.6%			13,186	12,771	3.2%
Asia Pacific	2,225	2,226	0.0%			8,869	8,398	5.6%
Passenger Load Factor (%)	83.1	78.6	+4.5 pts			80.1	78.8	+1.3 pts
Domestic	82.3	77.3	+5.0 pts			79.6	76.9	+2.7 pts
Europe	83.2	76.5	+6.7 pts			78.7	75.2	+3.5 pts
North America	83.0	80.7	+2.3 pts			77.7	79.3	-1.6 pts
Latin America & Caribbean	83.6	78.3	+5.3 pts			83.7	82.9	+0.8 pts
Africa, Middle East & S,Asia	82.3	77.6	+4.7 pts			80.4	78.7	+1.7 pts
Asia Pacific	84.2	80.5	+3.7 pts			84.3	81.0	+3.3 pts
Cargo Tonne Km (m)
Cargo CTK	466	452	3.1%			1,833	1,772	3.4%
## Performance by Airline	Month of April					Year to Date
VUELING	2017	2016	Change			2017	2016	Change
Revenue Passenger Km (m)	2,461	2,193	12.2%			7,483	6,818	9.8%
Available Seat Km (m)	2,940	2,794	5.2%			9,122	8,532	6.9%
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a
AER LINGUS
Revenue Passenger Km (m)	1,827	1,443	26.6%			5,309	4,623	14.8%
Available Seat Km (m)	2,228	1,896	17.5%			7,030	6,083	15.6%
Cargo Tonne Km (m)	14	11	27.3%			50	41	22.0%
IBERIA
Revenue Passenger Km (m)	4,362	3,848	13.4%			16,165	15,307	5.6%
Available Seat Km (m)	5,206	4,962	4.9%			19,512	19,092	2.2%
Cargo Tonne Km (m)	84	94	-10.6%			337	355	-5.1%
BRITISH AIRWAYS
Revenue Passenger Km (m)	12,395	11,649	6.4%			46,032	44,607	3.2%
Available Seat Km (m)	14,955	14,700	1.7%			57,969	56,796	2.1%
Cargo Tonne Km (m)	368	347	6.1%			1,446	1,376	5.1%

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

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

This information is provided by RNS

The company news service from the London Stock Exchange

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