IAG Traffic & Capacity Statistics - February 2018

About this update from International Consolidated Airlines Group Sa

[{"type":"text","content":"\n \nRNS Number : 7269G International Cons Airlines Group 05 March 2018  \n\n \nFEBRUARY 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS\n \nGroup traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent.\n5 March 2018\n \n\n \n\n \nSTRATEGIC DEVELOPMENTS\nOn 12 February, IAG announced its investment in Volantio, following the start-up's successful participation in IAG's Hangar 51 global accelerator programme. Volantio's platform, Yana, enables airlines to proactively identify flexible passengers on high demand flights and offer them alternative seats on lower demand flights with added incentives. Volantio was selected to continue working with the Group to provide more opportunities for its customers who can benefit from having flexible travel plans. Volantio will also receive funding from IAG's multimillion pound investment fund for digital transformation.\n \n  \n \n \n \n \nLEI: 959800TZHQRUSH1ESL13\n \nThis announcement contains inside information and is disclosed in accordance with the company's obligations under the Market Abuse Regulation (EU) No 596/2014.\nEnrique Dupuy, Chief Financial Officer\n \nForward-looking statements:\nCertain 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. \nForward-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 repo...

More updates from International Consolidated Airlines Group Sa