OREANDA-NEWS. On 5 May, IAG announced an agreement with Gogo to provide high-speed inflight connectivity on longhaul flights using next generation satellite-based systems. IAG will be the first European airline group to use Gogo's latest technology called "2Ku". In total, 118 British Airways, four Aer Lingus B757s and up to 15 Iberia longhaul aircraft will be fitted with 2Ku. By early 2019, 90 per cent of IAG airlines' longhaul fleet will be fitted with high quality connectivity.

On 18 May, British Airways announced that it is launching the only direct flight between London and Santiago in Chile from January 3, 2017. The four-a-week flight will be served by the airline's newest aircraft, the four-cabin 787-9 Dreamliner, complete with a new First cabin.

On 12 May, Vueling announced that it had signed an interline agreement with LATAM to improve trans-European traffic by providing more long-haul connections at Vueling's Barcelona hub.

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 2015; these documents are available on www.iagshares.com.

 

Group Performance1

 

Month of May

 

Year to Date
 

2016

2015

Change

Pro-forma2

  

2016

2015

Change

Pro-forma3
                   

Passengers Carried ('000s)

8,874

7,314

21.3%

7.3%

  

37,223

30,844

20.7%

8.1%

Domestic4

1,975

1,770

11.6%

9.4%

  

8,557

7,773

10.1%

7.8%

Europe

4,918

3,740

31.5%

8.9%

  

19,572

14,767

32.5%

10.5%

North America

989

834

18.6%

1.2%

  

4,083

3,485

17.2%

3.0%

Latin America & Caribbean

374

371

0.8%

    

1,916

1,838

4.2%

  

Africa, Middle East & S,Asia

438

442

-0.9%

    

2,236

2,222

0.6%

  

Asia Pacific

180

157

14.6%

    

859

759

13.2%

  
                   

Revenue Passenger Km (m)

20,919

18,340

14.1%

4.4%

  

92,274

81,488

13.2%

5.7%

Domestic

1,343

1,173

14.5%

12.7%

  

5,917

5,175

14.3%

12.4%

Europe

5,828

4,493

29.7%

8.3%

  

22,331

17,091

30.7%

10.7%

North America

6,540

5,617

16.4%

2.1%

  

27,067

23,602

14.7%

3.2%

Latin America & Caribbean

3,118

3,135

-0.5%

    

16,017

15,569

2.9%

  

Africa, Middle East & S,Asia

2,312

2,370

-2.4%

    

12,364

12,530

-1.3%

  

Asia Pacific

1,778

1,552

14.6%

    

8,578

7,521

14.1%

  
                   

Available Seat Km (m)

26,211

22,980

14.1%

4.5%

  

116,714

104,088

12.1%

4.5%

Domestic

1,678

1,557

7.8%

5.9%

  

7,628

6,969

9.5%

7.3%

Europe

7,447

5,753

29.4%

8.0%

  

29,385

22,808

28.8%

9.0%

North America

7,799

6,661

17.1%

2.7%

  

33,691

29,503

14.2%

2.6%

Latin America & Caribbean

4,025

3,859

4.3%

    

19,579

19,110

2.5%

  

Africa, Middle East & S,Asia

2,991

3,138

-4.7%

    

15,762

16,358

-3.6%

  

Asia Pacific

2,271

2,012

12.9%

    

10,669

9,340

14.2%

  
                   

Passenger Load Factor (%)

79.8

79.8

+0.0 pts

-0.1 pts

  

79.1

78.3

+0.8 pts

+1.0 pts

Domestic

80.0

75.3

+4.7 pts

+4.7 pts

  

77.6

74.3

+3.3 pts

+3.6 pts

Europe

78.3

78.1

+0.2 pts

+0.3 pts

  

76.0

74.9

+1.1 pts

+1.1 pts

North America

83.9

84.3

-0.4 pts

-0.4 pts

  

80.3

80.0

+0.3 pts

+0.4 pts

Latin America & Caribbean

77.5

81.2

-3.7 pts

    

81.8

81.5

+0.3 pts

  

Africa, Middle East & S,Asia

77.3

75.5

+1.8 pts

    

78.4

76.6

+1.8 pts

  

Asia Pacific

78.3

77.1

+1.2 pts

    

80.4

80.5

-0.1 pts

  
                   

Cargo Tonne Km (m)

                  

Cargo CTK

453

437

3.7%

0.7%

  

2,225

2,191

1.6%

-1.2%
                   

 

Performance by Airline

Month of May

  

Year to Date

 

 

VUELING

 

2016

 

2015

 

Change

Pro-forma

  

 

2016

 

2015

 

Change

Pro-forma

Revenue Passenger Km (m)

2,509

2,167

15.8%

    

9,327

7,861

18.6%

  

Available Seat Km (m)

3,105

2,737

13.4%

    

11,637

10,130

14.9%

  

Cargo Tonne Km (m)

0

0

n/a

    

0

0

n/a

  

 

 

AER LINGUS

 

                  

Revenue Passenger Km (m)

1,794

0

n/a

5.7%

  

6,417

0

n/a

10.4%

Available Seat Km (m)

2,249

0

n/a

6.5%

  

8,332

0

n/a

9.2%

Cargo Tonne Km (m)

11

0

n/a

-15.4%

  

52

0

n/a

-16.1%

 

IBERIA

                  

Revenue Passenger Km (m)

4,064

4,003

1.5%

    

19,371

17,998

7.6%

  

Available Seat Km (m)

5,214

5,061

3.0%

    

24,306

22,983

5.8%

  

Cargo Tonne Km (m)

82

82

0.0%

    

437

418

4.5%

  

 

BRITISH AIRWAYS

                  

Revenue Passenger Km (m)

12,552

12,170

3.1%

    

57,159

55,629

2.8%

  

Available Seat Km (m)

15,643

15,182

3.0%

    

72,439

70,975

2.1%

  

Cargo Tonne Km (m)

360

355

1.4%

    

1,736

1,773

-2.1%

  

 

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

2 Monthly pro-forma includes Aer Lingus in the base

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

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