OREANDA-NEWS. August 06, 2015.

STRATEGIC DEVELOPMENTS

On 1 July, British Airways consolidated its Heathrow flights into two terminals (Terminals 5 and 3) following the closure of Terminal 1 on 30 June.

On 5 August, IAG Cargo announced that it has expanded significantly its freighter partnership with Qatar Airways, which now extends to nine routes.

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 July

 

Year to Date

 

2015

2014

Change

 

2015

2014

Change

 

 

 

 

 

 

 

 

Passengers Carried (’000s)

8,829

7,841

12.6%

 

47,467

43,321

9.6%

Domestic (UK, Spain & Italy)

2,224

2,069

7.5%

11,920

11,105

7.3%

Europe

4,609

3,899

18.2%

23,372

20,420

14.5%

North America

876

863

1.5%

5,230

5,166

1.2%

Latin America & Caribbean

433

366

18.3%

2,660

2,387

11.4%

Africa, Middle East & S.Asia

492

470

4.7%

3,154

3,219

-2.0%

Asia Pacific

195

174

12.1%

1,131

1,024

10.4%

 

Revenue Passenger Km (m)

21,230

19,402

9.4%

 

122,105

114,733

6.4%

Domestic (UK, Spain & Italy)

1,487

1,367

8.8%

7,916

7,367

7.5%

Europe

5,686

4,808

18.3%

27,654

24,144

14.5%

North America

5,912

5,798

2.0%

35,365

34,774

1.7%

Latin America & Caribbean

3,620

3,115

16.2%

22,486

20,296

10.8%

Africa, Middle East & S.Asia

2,590

2,611

-0.8%

17,478

18,021

-3.0%

Asia Pacific

1,935

1,703

13.6%

11,206

10,131

10.6%

 

Available Seat Km (m)

24,765

23,485

5.5%

 

152,008

144,377

5.3%

Domestic (UK, Spain & Italy)

1,803

1,737

3.8%

10,367

9,677

7.1%

Europe

6,723

5,942

13.1%

35,599

31,388

13.4%

North America

6,772

6,845

-1.1%

42,880

42,578

0.7%

Latin America & Caribbean

4,125

3,746

10.1%

27,064

24,863

8.9%

Africa, Middle East & S.Asia

3,212

3,268

-1.7%

22,567

23,328

-3.3%

Asia Pacific

2,130

1,947

9.4%

13,531

12,543

7.9%

 

Passenger Load Factor (%)

85.7

82.6

+3.1 pts

 

80.3

79.5

+0.8 pts

Domestic (UK, Spain & Italy)

82.5

78.7

+3.8 pts

76.4

76.1

+0.3 pts

Europe

84.6

80.9

+3.7 pts

77.7

76.9

+0.8 pts

North America

87.3

84.7

+2.6 pts

82.5

81.7

+0.8 pts

Latin America & Caribbean

87.8

83.2

+4.6 pts

83.1

81.6

+1.5 pts

Africa, Middle East & S.Asia

80.6

79.9

+0.7 pts

77.4

77.3

+0.1 pts

Asia Pacific

90.8

87.5

+3.3 pts

82.8

80.8

+2.0 pts

 

Cargo Tonne Km (m)

Cargo CTK

422

454

-7.0%

3,029

3,146

-3.7%

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Performance by Airline

 

 

 

Month of July

 

 

 

Year to Date

Vueling

 

 

2015

 

2014

 

Change

 

 

2015

 

2014

 

Change

Revenue Passenger Km (m)

3,059

2,567

19.2%

13,350

11,577

15.3%

Available Seat Km (m)

3,637

3,252

11.8%

16,808

14,655

14.7%

Cargo Tonne Km (m)

0

0

n/a

0

0

n/a

 

 

 

 

 

 

 

Iberia

 

 

Revenue Passenger Km (m)

4,874

4,136

17.8%

27,233

24,080

13.1%

Available Seat Km (m)

5,679

5,118

11.0%

33,879

30,743

10.2%

Cargo Tonne Km (m)

86

82

4.9%

584

549

6.4%

 

British Airways

Revenue Passenger Km (m)

13,297

12,699

4.7%

81,522

79,076

3.1%

Available Seat Km (m)

15,449

15,115

2.2%

101,321

98,979

2.4%

Cargo Tonne Km (m)

336

372

-9.7%

2,445

2,597

-5.9%

 

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