Group traffic in November, measured in Revenue Passenger Kilometres, increased by 7.0 per cent versus November 2017; Group capacity measured in Available Seat Kilometres rose by 6.9 per cent.
5 December 2018

STRATEGIC DEVELOPMENTS
On 28 November, the UK government signed an open skies agreement with the US. It closely follows the Model US Open Skies Agreement and is a significant positive development which allows strong competition on transatlantic routes to continue. Also, the UK signed a similar air service arrangement with Canada. These agreements will replace the existing EU aviation arrangements with both countries after Brexit.

In November, Iberia launched new features to its New Distribution Capability (NDC) programme such as the Additional Price Points Product that provides a wider range of flight fares to travel agencies connected to any of its NDC channels. British Airways introduced this feature earlier in 2018. In addition, new services such as the option to change flights, book seats or request refunds are available through the IAG booking portal for both British Airways and Iberia.

Iberia has begun the implementation of its 'LIFE Zero cabin waste' project to segregate and recycle waste on board its flights. The initiative is already in place on some of the airline's domestic and European services.

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 Performance 1 Month of November

Year to Date

2018

2017

Change

2018

2017

Change

Passengers Carried ('000s)

8,357

7,798

7.2%

104,626

97,159

7.7%

Domestic2

2,079

1,953

6.5%

24,602

22,516

9.3%

Europe

4,197

3,903

7.5%

56,402

52,369

7.7%

North America

930

880

5.7%

11,215

10,412

7.7%

Latin America & Caribbean

459

386

18.9%

4,845

4,441

9.1%

Africa, Middle East & S,Asia

496

495

0.2%

5,448

5,335

2.1%

Asia Pacific

196

181

8.3%

2,114

2,086

1.3%

Revenue Passenger Km (m)

20,728

19,372

7.0%

249,604

233,461

6.9%

Domestic

1,503

1,365

10.1%

17,474

15,659

11.6%

Europe

4,596

4,290

7.1%

66,087

61,301

7.8%

North America

6,111

5,775

5.8%

74,475

68,967

8.0%

Latin America & Caribbean

3,788

3,290

15.1%

41,208

37,878

8.8%

Africa, Middle East & S,Asia

2,853

2,821

1.1%

29,396

28,675

2.5%

Asia Pacific

1,877

1,831

2.5%

20,963

20,981

-0.1%

Available Seat Km (m)

25,680

24,016

6.9%

298,615

282,236

5.8%

Domestic

1,801

1,663

8.3%

20,492

18,790

9.1%

Europe

5,791

5,459

6.1%

78,998

74,407

6.2%

North America

7,547

7,066

6.8%

90,177

83,666

7.8%

Latin America & Caribbean

4,735

4,066

16.5%

48,576

45,062

7.8%

Africa, Middle East & S,Asia

3,545

3,542

0.1%

35,724

35,577

0.4%

Asia Pacific

2,261

2,220

1.8%

24,649

24,734

-0.3%

Passenger Load Factor (%)

80.7

80.7

+0.0 pts

83.6

82.7

+0.9 pts

Domestic

83.5

82.1

+1.4 pts

85.3

83.3

+2.0 pts

Europe

79.4

78.6

+0.8 pts

83.7

82.4

+1.3 pts

North America

81.0

81.7

-0.7 pts

82.6

82.4

+0.2 pts

Latin America & Caribbean

80.0

80.9

-0.9 pts

84.8

84.1

+0.7 pts

Africa, Middle East & S,Asia

80.5

79.6

+0.9 pts

82.3

80.6

+1.7 pts

Asia Pacific

83.0

82.5

+0.5 pts

85.0

84.8

+0.2 pts

Cargo Tonne Km (m)

Cargo CTK

509

531

-4.1%

5,216

5,278

-1.2%

Performance by Airline Month of November Year to Date

2018

2017

Change

2018

2017

Change

Aerlingus

Revenue Passenger Km (m)

1,701

1,503

13.2%

21,901

19,965

9.7%

Available Seat Km (m)

2,217

1,922

15.3%

26,828

24,482

9.6%

Passenger load factor (%)

76.7

78.2

-1.5 pts

81.6

81.5

+0.1 pts

Cargo Tonne Km (m)

20

17

17.6%

154

141

9.6%

British Airways 3

Revenue Passenger Km (m)

11,798

11,616

1.6%

140,243

135,817

3.3%

Available Seat Km (m)

14,638

14,457

1.3%

169,699

165,823

2.3%

Passenger load factor (%)

80.6

80.3

+0.3 pts

82.6

81.9

+0.7 pts

Cargo Tonne Km (m)

386

412

-6.3%

4,031

4,129

-2.4%

Iberia4

Revenue Passenger Km (m)

4,919

4,302

14.3%

56,249

50,489

11.4%

Available Seat Km (m)

5,926

5,225

13.4%

65,489

59,996

9.2%

Passenger load factor (%)

83.0

82.3

+0.7 pts

85.9

84.2

+1.7 pts

Cargo Tonne Km (m)

103

102

1.0%

1,031

1,008

2.3%

Vueling

Revenue Passenger Km (m)

2,121

1,951

8.7%

29,839

27,190

9.7%

Available Seat Km (m)

2,598

2,412

7.7%

34,771

31,935

8.9%

Passenger load factor (%)

81.6

80.9

+0.7 pts

85.8

85.1

+0.7 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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IAG - International Consolidated Airlines Group SA published this content on 05 December 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 05 December 2018 15:16:07 UTC