International Consolidated Airlines Group. S.A.

Earnings Release • Oct 3, 2018

National Storage Mechanism | Additional information

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RNS Number : 8813C

International Cons Airlines Group

03 October 2018

SEPTEMBER 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS

Group traffic in September, measured in Revenue Passenger Kilometres, increased by 5.9 per cent versus September 2017; Group capacity measured in Available Seat Kilometres rose by 7.2 per cent.

3 October 2018

STRATEGIC DEVELOPMENTS

On 12 September, Aer Lingus announced two new North American routes that will start next summer. Its flights between Dublin and Minneapolis-St. Paul commence on 8 July 2019 while services to Montreal start on 8 August 2019. Both routes will operate daily, all year round. From summer 2019, Aer Lingus will fly direct from Ireland to 15 North American destinations serving 17 transatlantic routes.

This month, British Airways announced new routes between Heathrow and Osaka, Gatwick and Kos and London City and Munich. In addition, the airline will make a multi-million-pound investment in its short haul business class cabin, Club Europe. The spend is part of British Airways' current £4.5bn investment plan and will focus on enhanced food and drink.

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

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 September					### Year to Date
	2018	2017	Change			2018	2017	Change
Passengers Carried ('000s)	10,575	9,870	7.1%			86,241	80,065	7.7%
Domestic2	2,465	2,281	8.1%			20,139	18,398	9.5%
Europe	5,869	5,450	7.7%			46,846	43,465	7.8%
North America	1,104	1,031	7.1%			9,162	8,494	7.9%
Latin America & Caribbean	451	409	10.3%			3,918	3,639	7.7%
Africa, Middle East & S,Asia	484	506	-4.3%			4,464	4,359	2.4%
Asia Pacific	202	193	4.7%			1,712	1,710	0.1%
Revenue Passenger Km (m)	24,448	23,077	5.9%			205,045	191,741	6.9%
Domestic	1,755	1,583	10.9%			14,264	12,770	11.7%
Europe	7,142	6,612	8.0%			55,264	51,148	8.0%
North America	7,323	6,824	7.3%			60,947	56,322	8.2%
Latin America & Caribbean	3,807	3,535	7.7%			33,510	31,023	8.0%
Africa, Middle East & S,Asia	2,487	2,580	-3.6%			23,947	23,295	2.8%
Asia Pacific	1,934	1,943	-0.5%			17,112	17,183	-0.4%
Available Seat Km (m)	28,899	26,969	7.2%			244,343	231,417	5.6%
Domestic	2,002	1,809	10.7%			16,696	15,328	8.9%
Europe	8,362	7,742	8.0%			65,644	61,893	6.1%
North America	8,854	7,994	10.8%			73,796	68,408	7.9%
Latin America & Caribbean	4,496	4,078	10.3%			39,112	36,790	6.3%
Africa, Middle East & S,Asia	2,961	3,114	-4.9%			29,028	28,795	0.8%
Asia Pacific	2,224	2,232	-0.4%			20,068	20,203	-0.7%
Passenger Load Factor (%)	84.6	85.6	-1.0 pts			83.9	82.9	+1.0 pts
Domestic	87.7	87.5	+0.2 pts			85.4	83.3	+2.1 pts
Europe	85.4	85.4	+0.0 pts			84.2	82.6	+1.6 pts
North America	82.7	85.4	-2.7 pts			82.6	82.3	+0.3 pts
Latin America & Caribbean	84.7	86.7	-2.0 pts			85.7	84.3	+1.4 pts
Africa, Middle East & S,Asia	84.0	82.9	+1.1 pts			82.5	80.9	+1.6 pts
Asia Pacific	87.0	87.1	-0.1 pts			85.3	85.1	+0.2 pts
Cargo Tonne Km (m)
Cargo CTK	485	487	-0.4%			4,190	4,220	-0.7%

## Performance by Airline	Month of September					Year to Date
	2018	2017	Change			2018	2017	Change
AER LINGUS
Revenue Passenger Km (m)	2,364	2,137	10.6%			18,047	16,494	9.4%
Available Seat Km (m)	2,804	2,545	10.2%			21,943	20,139	9.0%
Passenger load factor (%)	84.3	84.0	+0.3 pts			82.2	81.9	+0.3 pts
Cargo Tonne Km (m)	15	11	36.4%			115	110	4.7%
BRITISH AIRWAYS3
Revenue Passenger Km (m)	13,128	12,942	1.4%			115,283	111,338	3.5%
Available Seat Km (m)	15,752	15,322	2.8%			139,196	135,760	2.5%
Passenger load factor (%)	83.3	84.5	-1.2 pts			82.8	82.0	+0.8 pts
Cargo Tonne Km (m)	370	380	-2.6%			3,253	3,314	-1.8%
IBERIA 4
Revenue Passenger Km (m)	5,536	4,987	11.0%			45,932	41,283	11.3%
Available Seat Km (m)	6,368	5,702	11.7%			53,265	49,078	8.5%
Passenger load factor (%)	86.9	87.5	-0.6 pts			86.2	84.1	+2.1 pts
Cargo Tonne Km (m)	100	96	4.2%			820	796	3.1%
VUELING
Revenue Passenger Km (m)	3,195	3,011	6.1%			24,856	22,626	9.9%
Available Seat Km (m)	3,670	3,400	7.9%			28,772	26,440	8.8%
Passenger load factor (%)	87.1	88.6	-1.5 pts			86.4	85.6	+0.8 pts
Cargo Tonne Km (m)	0	0	n/a			0	0	n/a

1 Group performance comprises Aer Lingus, British Airways, Iberia (including Iberia Express), LEVEL and Vueling

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

3 British Airways figures exclude Openskies in 2018, but include Openskies in 2017

4 Iberia figures include LEVEL Spain

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