IAG Investor Relations

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International Airlines Group (IAG) Fundamentals


International Consolidated Airlines Group, S.A., also known as International Airlines Group, is the name of an Anglo-Spanish holding company formed on 8 April 2010 as a result of the proposed merger between British Airways and Iberia.


The new company will be the third largest airline holding company in the world by revenue,with 419 aircraft transporting passengers between 200 destinations.The new company will carry over 62 million passengers per year, according to British Airways executives.Both airlines will, however, continue to operate under their current brand names. British Airways shareholders will take a 55% stake in the new company, while Iberia shareholders will own the remaining 45% stake.

April 30th Q1 Results.

Aer Lingus shares up 5% on reports of possible sale deal

Societe Generale Buy 572.25 572.50 - 750.00 Initiates/Starts

1st Quarter Results

THREE MONTHS RESULTS ANNOUNCEMENT

International Consolidated Airlines Group (IAG) today (April 30, 2015) presented Group consolidated results for the three months to March 31, 2015.

IAG period highlights on results:

· First quarter operating profit €25 million (2014: operating loss of €150 million)
· Revenue for the quarter up 12.0 per cent to €4,707 million, up 3.7 per cent at constant currency
· Passenger unit revenue for the quarter up 6.9 per cent and down 0.8 per cent at constant currency
· Fuel unit costs for the quarter down 4.5 per cent, down 11.0 per cent at constant currency
· Non-fuel unit costs for the quarter up 5.9 per cent, down 2.7 per cent at constant currency
· Cash of €6,003 million at March 31, 2015 was up €1,059 million on 2014 year end
· Adjusted gearing down 3 points to 48 per cent and adjusted net debt to EBITDAR improved 0.2 to 1.7 times.

more....

According to their website, traffic stats are due today - nothing as yet!

April Traffic Statistics

APRIL 2015 - IAG GROUP TRAFFIC AND CAPACITY STATISTICS



§ Group traffic in April, measured in Revenue Passenger Kilometres, increased by 4.0 per cent versus April 2014; Group capacity measured in Available Seat Kilometres rose by 6.4 per cent.

§ Group premium traffic for the month of April increased by 5.3 per cent compared to the previous year.

Anybody know what has rattled its cage this morning?

Is it due to threatened rail strikes and link ups?

Strikes call off or suspended.

Irish government backs sale of Aer Lingus to IAG

The Irish government agreed on Tuesday to sell its 25 percent stake in Aer Lingus (AERL.I) to IAG (ICAG.L), paving the way for the owner of British Airways and Iberia to make a formal bid for the Irish carrier.

International Consolidated Airlines Group's (IAG) proposed 1.36 billion euro (£962 million) offer for Aer Lingus was recommended by the Irish airline's board in January but is still conditional on receiving the support of its other main shareholder, Ryanair Holdings Plc (RYA.I).

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The RNS - Offer for Aer Lingus

Credit Suisse Outperform 552.00 750.00 750.00 Reiterates

Liberum Capital Buy 552.00 700.00 700.00 Retains

Cantor Fitzgerald Sell 548.25 520.00 520.00 Reiterates

Jefferies International Buy 548.25 700.00 700.00 Reiterates

NO INCREASE STATEMENT


On 26 May 2015, International Consolidated Airlines Group, S.A. ("IAG") issued an announcement in accordance with Rule 2.5 of the Irish Takeover Rules confirming its firm intention to make an offer for Aer Lingus Group plc ("Aer Lingus"), through its wholly-owned subsidiary AERL Holding Limited, at a price of €2.55 per share (comprising a cash payment of €2.50 per share and a cash dividend of €0.05 per share (which is payable on 29 May 2015 to shareholders who were on the register at 1 May 2015)) (the "Offer Price").
IAG confirms that the Offer Price is final and will not be increased.

IAG traffic figures up 9.2%

StockMarketWire.com

International Consolidated Airlines Group, holding company of British Airways and Iberia, carried 7,314,000 passengers in May, an increase of 9.2% on a year ago.

Group traffic in May, measured in revenue passenger kilometres, increased by 5.7% versus the corresponding month in 2014. Group capacity measured in available seat kilometres rose by 4.8%. Group premium traffic increased by 4.6% compared to the previous year.

At 3:18pm: (LON:IAG) International Consolidated Airlines Group share price was -2.5p at 552.5p

It is about time it started to fly again.

09-Jun-15 Credit Suisse Outperform 518.50p - 750.00p Reiteration
27-May-15 Credit Suisse Outperform 562.00p - 750.00p Reiteration
05-May-15 Credit Suisse Outperform 537.00p - 750.00p Reiteration

Forecasts

Year Ending Profit (m) EPS P/E PEG EPS Grth. Div Yield
31-Dec-15 1,090.16 72.98 9.7 0.1 +75.44% 15.88 2.2%
31-Dec-16 1,299.92 87.03 8.1 0.4 +19.24% 20.69 2.8%



I wish the market would think the same.

Half Year Results on Friday, July 31, 2015 - dividend news should be near?

IAG sees dividend payout of 25 pct for 2015 - Chairman

IAG offers concessions in bid for EU approval for Aer Lingus deal

Ryanair accepts IAG offer for Aer Lingus

Aer Lingus Offer Update

PHASE I APPROVAL BY EUROPEAN COMMISSION

International Consolidated Airlines Group (IAG) welcomes today's decision by the European Commission to approve its Offer for Aer Lingus.
IAG has offered the following remedies to the EC as part of the regulatory process:

· Five daily slot pairs will be made available to other airlines at London Gatwick for flights between the airport and Dublin or Belfast.
· Specifically, two of the five daily frequencies must be operated between Gatwick and Dublin.
· One daily frequency must be operated between Gatwick and Belfast.
· The other two frequencies can be operated between Gatwick and either Dublin or Belfast.
· Other airlines can apply for seats on Aer Lingus’ shorthaul network for their transfer passengers, on normal commercial terms.

AER LINGUS EGM RESULT

International Consolidated Airlines Group, S.A. ("IAG") welcomes the result of Aer Lingus' Extraordinary General Meeting where Aer Lingus shareholders passed the Connectivity Resolutions and the resolution to grant the Rule 16 Approval.

The passing of these resolutions were both conditions of the Offer.

In addition, IAG has received notice from the US Department of Justice that its review of the Offer has been satisfactorily concluded. This was a condition to the Offer.
The Offer remains subject to the conditions outlined in Appendix I of the Offer Document that have not already been satisfied.

Defined terms which are not defined in this announcement have the same meaning given to them in the Offer Document posted on 19 June 2015.

Half Yearly Report

SIX MONTHS RESULTS ANNOUNCEMENT

International Consolidated Airlines Group (IAG) today (July 31, 2015) presented Group consolidated results for the six months to June 30, 2015.

IAG period highlights on results:

· Second quarter operating profit €530 million (2014: operating profit of €380 million)
· Revenue for the quarter up 11.2 per cent to €5,656 million
· Passenger unit revenue for the quarter up 5.0 per cent and down 6.6 per cent at constant currency
· Fuel unit costs for the quarter up 3.0 per cent, down 12.0 per cent at constant currency
· Non-fuel unit costs for the quarter up 3.2 per cent, down 6.9 per cent at constant currency
· Operating profit for the half year €555 million (2014: operating profit €230 million), up 141 per cent
· Cash of €6,421 million at June 30, 2015 was up €1,477 million on 2014 year end
· Adjusted gearing down 8 points to 43 per cent and adjusted net debt to EBITDAR improved 0.4 to 1.5 times

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