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|Traffic Statistics September 2012|
RNS Number : 8620N
International Cons Airlines Group
03 October 2012
SEPTEMBER 2012 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS
§ In September 2012, Group traffic measured in Revenue Passenger Kilometres rose by 5.1 per cent versus September 2011 (up 2.7 per cent on a like for like basis); Group capacity measured in Available Seat Kilometres was up 3.6 per cent (up 0.9 per cent on a like for like basis).
§ Group premium traffic for the month of September grew by 8.0 per cent compared to the previous year, with 4.6 per cent growth in non-premium traffic.
§ Underlying market conditions remain unchanged from guidance given at Quarter Two results. Trading conditions at our London hub remain firm. Performance at Madrid continues to be impacted by weak economic conditions, with short haul traffic particularly affected.
October 3rd, 2012
British Airways has been engaging in heavy promotional activity during and post the Olympic and Paralympic Games culminating in the 'Thank-you Great Britain sale', which ended on September 25th. This has positively impacted our volumes in both premium and non-premium cabins.
British Airways and Japan Airlines began a joint business agreement on October 1st, with the two airlines sharing revenue on applicable flights between Europe and Japan. The joint business offers customers a better range of fares, flight schedules and frequent flyer benefits.
Iberia's subsidiary, Iberia Express, celebrated its first six months of operation. The airline has carried 1.5 million passengers in the period and has achieved a 94 per cent punctuality rating. This winter, Iberia Express will operate to 16 destinations - 7 international and 9 domestic.
British Airways and Iberia both received awards this month. British Airways won four awards from Business Traveller magazine - best airline, business class, short haul and frequent flyer programme. Iberia won an award from Future Travel Experience for the best initiative to assist passengers at Terminal 4 in Madrid-Barajas.
Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements. Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and the Company's plans and objectives for future operations, including, without limitation, discussions of the Company's Business Plan, expected future revenues, financing plans and expected expenditures and divestments. All forward-looking statements in this report are based upon information known to the Company on the date of this report. The Company 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 Company's forward-looking statements 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 to the Company and its risk management process is given in the Annual Report and Accounts 2011; this document is available on www.iagshares.com.
 Group Performance comprises British Airways (including bmi Mainline, excluding bmibaby) and Iberia (including Iberia Express). Year to Date 2012 includes bmi Mainline from 20 April 2012.
2 Like for like change compares 2012 IAG, excluding the impact of bmi on British Airways; against the 2011 reported IAG
3 Iberia Performance includes Iberia Express. British Airways Performance excludes bmibaby
This information is provided by RNS
The company news service from the London Stock Exchange