Company Announcements

IAG traffic and capacity statistics September 2019

Source: RNS
RNS Number : 0037P
International Cons Airlines Group
07 October 2019
 

 

 

IAG traffic and capacity statistics - September 2019

7 October 2019

 

IAG traffic in September, measured in revenue passenger kilometres, increased by 0.8 per cent versus the same period last year; IAG capacity measured in available seat kilometres was flat versus the same period last year.

Group performance

Month of September


Year to date


2019

2018

yoy


2019

2018

yoy









Passengers carried ('000s)

10,639

10,575

0.6%


90,448

86,241

4.9%

Domestic

2,615

2,465

6.1%


21,442

20,139

6.5%

Europe

5,755

5,869

-1.9%


48,309

46,846

3.1%

North America

1,089

1,104

-1.4%


9,536

9,162

4.1%

Latin America & Caribbean

514

451

14.0%


4,704

3,918

20.1%

Africa, Middle East & S,Asia

470

484

-2.9%


4,586

4,464

2.7%

Asia Pacific

196

202

-3.0%


1,871

1,712

9.3%









Revenue passenger km (m)

24,642

24,448

0.8%


216,607

205,044

5.6%

Domestic

1,948

1,755

11.0%


15,691

14,264

10.0%

Europe

6,954

7,142

-2.6%


56,535

55,264

2.3%

North America

7,153

7,323

-2.3%


62,945

60,947

3.3%

Latin America & Caribbean

4,374

3,807

14.9%


39,040

33,510

16.5%

Africa, Middle East & S,Asia

2,335

2,487

-6.1%


24,466

23,947

2.2%

Asia Pacific

1,878

1,934

-2.9%


17,930

17,112

4.8%









Available seat km (m)

28,904

28,899

0.0%


255,749

244,344

4.7%

Domestic

2,173

2,002

8.5%


17,878

16,696

7.1%

Europe

8,094

8,362

-3.2%


67,476

65,644

2.8%

North America

8,445

8,854

-4.6%


74,923

73,796

1.5%

Latin America & Caribbean

5,053

4,496

12.4%


45,097

39,112

15.3%

Africa, Middle East & S,Asia

2,911

2,961

-1.7%


29,433

29,028

1.4%

Asia Pacific

2,228

2,224

0.2%


20,942

20,068

4.4%









Passenger load factor (%)

85.3

84.6

+0.7 pts


84.7

83.9

+0.8 pts

Domestic

89.6

87.7

+1.9 pts


87.8

85.4

+2.4 pts

Europe

85.9

85.4

+0.5 pts


83.8

84.2

-0.4 pts

North America

84.7

82.7

+2.0 pts


84.0

82.6

+1.4 pts

Latin America & Caribbean

86.6

84.7

+1.9 pts


86.6

85.7

+0.9 pts

Africa, Middle East & S,Asia

80.2

84.0

-3.8 pts


83.1

82.5

+0.6 pts

Asia Pacific

84.3

87.0

-2.7 pts


85.6

85.3

+0.3 pts









Cargo tonne km (m)

441

485

-9.1%


4,150

4,190

-1.0%









* Domestic includes routes within UK, Spain and Italy

* Group figures include Openskies in 2018

 

 

Strategic developments

 

On 26 September IAG updated its full year 2019 operating profit guidance. At current fuel prices and exchange rates, it expects 2019 operating profit before exceptional items to be €215 million lower than 2018 pro forma (€3,485 million).

 

In September, BALPA (British Airways' main pilots' union) strike action scheduled initially for 9, 10 and 27 September led to 2,325 British Airways flight cancellations. The net financial impact of industrial action by BALPA is estimated to be €137 million due to flight cancellations and flexible commercial policies enabling customers to re-book or receive a refund. Additional disruption affecting British Airways in the quarter, including threatened strikes by Heathrow Airport employees, had a further net financial impact of €33 million. The latest booking trends in IAG's low cost segments (primarily Vueling and LEVEL) will have an adverse financial impact of €45 million for the year.

 

Capacity growth for 2019 has also been updated. In the third quarter, capacity grew by 2.8 per cent, compared with 5.2 per cent planned previously. For the fourth quarter it is now expected to be about 2 per cent, which is 1.2 points below previous guidance, and full year capacity growth is expected to be about 4 per cent, compared with 5 per cent previously.

 

 

 

Performance by airline

Month of September


Year to date


2019

2018

yoy


2019

2018

yoy









Aer Lingus








Passengers carried ('000s)

1,094

1,086

0.7%


9,041

8,774

3.0%

Revenue passenger km (m)

2,446

2,364

3.5%


19,033

18,047

5.5%

Available seat km (m)

2,891

2,804

3.1%


23,123

21,943

5.4%

Passenger load factor (%)

84.6

84.3

+0.3 pts


82.3

82.2

+0.1 pts

Cargo tonne km (m)

14

15

-6.7%


124

115

7.8%









British Airways








Passengers carried ('000s)

3,854

4,192

-8.1%


36,157

35,715

1.2%

Revenue passenger km (m)

12,289

13,128

-6.4%


117,434

115,283

1.9%

Available seat km (m)

14,836

15,752

-5.8%


140,614

139,196

1.0%

Passenger load factor (%)

82.8

83.3

-0.5 pts


83.5

82.8

+0.7 pts

Cargo tonne km (m)

320

370

-13.5%


3,156

3,254

-3.0%









Iberia








Passengers carried ('000s)

2,013

1,879

7.1%


16,902

15,751

7.3%

Revenue passenger km (m)

5,760

5,218

10.4%


48,400

43,763

10.6%

Available seat km (m)

6,533

6,030

8.3%


55,357

50,893

8.8%

Passenger load factor (%)

88.2

86.5

+1.7 pts


87.4

86.0

+1.4 pts

Cargo tonne km (m)

105

99

6.1%


861

816

5.5%









LEVEL








Passengers carried ('000s)

178

163

9.2%


1,347

507

165.7%

Revenue passenger km (m)

763

542

40.8%


5,685

2,716

109.3%

Available seat km (m)

875

641

36.5%


6,806

3,084

120.7%

Passenger load factor (%)

87.2

84.6

+2.6 pts


83.5

88.1

-4.6 pts

Cargo tonne km (m)

2

1

100.0%


9

3

200.0%









Vueling








Passengers carried ('000s)

3,500

3,255

7.5%


27,001

25,426

6.2%

Revenue passenger km (m)

3,384

3,195

5.9%


26,055

24,856

4.8%

Available seat km (m)

3,769

3,670

2.7%


29,849

28,772

3.7%

Passenger load factor (%)

89.8

87.1

+2.7 pts


87.3

86.4

+0.9 pts

Cargo tonne km (m)

n/a

n/a

n/a


n/a

n/a

n/a

















* British Airways includes BA CityFlyer; Iberia includes Iberia Express; LEVEL includes Spain, France and Austria

* British Airways figures exclude Openskies in 2018

 

 

 

 

 

 

 

 

 

 

 

 

 

investor.relations@iairgroup.com                                                                                                                                                  www.iagshares.com

 

 

 

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. Steve Gunning, Chief Financial Officer


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