OREANDA-NEWS. January 11, 2016.

STRATEGIC DEVELOPMENTS

On 28 December, Iberia took delivery of its first of 13 Airbus 330-200 that IAG has ordered to replace and expand the airline's existing longhaul fleet. This modern, fuel efficient aircraft will bring both cost efficiencies and environmental benefits to Iberia.                 

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 December

 

Year to Date

2015

2014

Change

Pro-forma2

2015

2014

Change

Pro-forma3

Passengers Carried ('000s)

6,735

5,793

16.3%

5.0%

88,333

77,334

14.2%

9.3%

Domestic4

1,603

1,526

5.0%

2.8%

21,390

19,974

7.1%

6.2%

Europe

3,304

2,590

27.6%

7.5%

44,987

36,704

22.6%

13.9%

North America

796

699

13.9%

-0.6%

9,730

9,076

7.2%

1.2%

Latin America & Caribbean

403

368

9.5%

4,668

4,202

11.1%

Africa, Middle East & S,Asia

471

468

0.6%

5,558

5,562

-0.1%

Asia Pacific

158

142

11.3%

2,000

1,816

10.1%

Revenue Passenger Km (m)

17,553

15,878

10.5%

3.8%

221,996

202,562

9.6%

6.5%

Domestic

1,108

1,018

8.8%

6.9%

14,413

13,230

8.9%

8.2%

Europe

3,652

2,927

24.8%

8.1%

53,104

43,564

21.9%

14.2%

North America

5,203

4,686

11.0%

-0.8%

64,966

61,009

6.5%

1.6%

Latin America & Caribbean

3,342

3,116

7.3%

39,260

35,730

9.9%

Africa, Middle East & S,Asia

2,665

2,711

-1.7%

30,396

31,049

-2.1%

Asia Pacific

1,583

1,420

11.5%

19,857

17,980

10.4%

Available Seat Km (m)

22,328

19,923

12.1%

4.6%

272,702

251,931

8.2%

5.1%

Domestic

1,435

1,332

7.7%

5.4%

18,437

17,112

7.7%

6.9%

Europe

5,008

3,939

27.1%

8.6%

67,169

55,746

20.5%

12.5%

North America

6,395

5,608

14.0%

1.1%

77,315

73,429

5.3%

0.5%

Latin America & Caribbean

4,119

3,857

6.8%

47,251

43,895

7.6%

Africa, Middle East & S,Asia

3,350

3,428

-2.3%

38,659

39,841

-3.0%

Asia Pacific

2,021

1,759

14.9%

23,871

21,908

9.0%

Passenger Load Factor (%)

78.6

79.7

-1.1 pts

-0.6 pts

81.4

80.4

+1.0 pts

+1.0 pts

Domestic

77.2

76.4

+0.8 pts

+1.1 pts

78.2

77.3

+0.9 pts

+1.0 pts

Europe

72.9

74.3

-1.4 pts

-0.4 pts

79.1

78.1

+1.0 pts

+1.2 pts

North America

81.4

83.6

-2.2 pts

-1.5 pts

84.0

83.1

+0.9 pts

+0.9 pts

Latin America & Caribbean

81.1

80.8

+0.3 pts

83.1

81.4

+1.7 pts

Africa, Middle East & S,Asia

79.6

79.1

+0.5 pts

78.6

77.9

+0.7 pts

Asia Pacific

78.3

80.7

-2.4 pts

83.2

82.1

+1.1 pts

Cargo Tonne Km (m)

Cargo CTK

464

458

1.3%

-1.3%

5,293

5,453

-2.9%

-3.9%

 

Performance by Airline

 

Month of December

Year to Date

 

 

VUELING

 

2015

 

2014

 

Change

Pro-forma

 

2015

 

2014

 

Change

Pro-forma

Revenue Passenger Km (m)

1,490

1,340

11.2%

24,775

21,445

15.5%

Available Seat Km (m)

1,903

1,735

9.7%

30,476

26,686

14.2%

Cargo Tonne Km (m)

0

0

n/a

0

0

n/a

 

 

AER LINGUS

 

Revenue Passenger Km (m)

1,142

0

n/a

11.0%

6,641

0

n/a

11.1%

Available Seat Km (m)

1,533

0

n/a

7.6%

8,080

0

n/a

6.3%

Cargo Tonne Km (m)

13

0

n/a

8.3%

56

0

n/a

1.8%

 

IBERIA

Revenue Passenger Km (m)

3,896

3,476

12.1%

48,564

42,686

13.8%

Available Seat Km (m)

4,950

4,453

11.2%

59,872

54,328

10.2%

Cargo Tonne Km (m)

103

95

8.4%

1,057

999

5.8%

 

BRITISH AIRWAYS

Revenue Passenger Km (m)

11,025

11,062

-0.3%

142,016

138,431

2.6%

Available Seat Km (m)

13,942

13,735

1.5%

174,274

170,917

2.0%

Cargo Tonne Km (m)

348

363

-4.1%

4,180

4,454

-6.2%

 

1 Group performance comprises

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

2 Monthly pro-forma includes

Aer Lingus in the base

3 For Year to Date pro-forma,

Aer Lingus data is only included from 18th August 2014/15

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