IAG Traffic and Capacity Statistics: October 2018

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[{"type":"text","content":"\n \nRNS Number : 5256G International Cons Airlines Group 06 November 2018  \n\n \nOCTOBER 2018 - GROUP TRAFFIC AND CAPACITY STATISTICS\n \nGroup traffic in October, measured in Revenue Passenger Kilometres, increased by 6.6 per cent versus October 2017; Group capacity measured in Available Seat Kilometres rose by 6.7 per cent.\n6 November 2018\n \n\n \n\n \nSTRATEGIC DEVELOPMENTS\nOn 1 November, IAG was granted investment grade status by credit agencies Moody's (Baa3) and S&P Global (BBB-). This reflects the continuing strength of IAG's business and provides a solid platform to deliver the Group's financial targets. It also provides access to a broader range of funding alternatives at a lower cost.\n \nOn 18 October, British Airways announced that it will operate a twice-weekly summer service from Heathrow to Charleston from April 4, 2019. The airline will be the only carrier flying direct between Europe and the South Carolina city. The new route will take the number of US destinations British Airways flies to from London next summer up to 29, while daily flights offered by BA and American Airlines as part of their transatlantic joint business will increase to around 73 per day.\n \n \n \n \n \n \n \n \n \n \n \n \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 f...

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