Bourse Europe Est

Ibéria accompagne depuis 1927 les cieux de sa flotte aéronautique. Leader incontesté en Espagne, Ibéria, Linéas Aéreas de Espana SA, propose désormais, à l'instar de toutes les grandes compagnies aériennes mondiales, une palette de prestations de services extrêmement diversifiée.On peut bien évidemment jouir, comme ses 30 millions de passagers annuels, du service de ses quelque 1 000 vols quotidiens à destination du monde entier dans un de ses 221 avions.Mais Ibéria, outre ses services de fret, de maintenance aéronautique, d'aéroports, s'est lancée dans une vaste entreprise de partenariat. Avec Amadeus pour l'optimisation de son système de réservation, avec Gate Gourmet dans le domaine de la restauration aérienne, avec les tours opérateurs Viva Tours et Tiempo Libre entre autres.Présente également sur le segment du service courrier et du fret express via sa filiale Cacesa, Ibéria est un membre actif de l'alliance internationale Oneworld Global, qui compte en son sein American Airlines et Bristish Airways.

Iberia is an international air transport group that has been in the business since 1927. The transport of passengers and freight is our main business, but not the only one. Iberia also conducts aircraft maintenance of our own fleet and those of nearly 50 other companies, including some leading European airlines. Iberia is also active in aircraft and passenger handling services in all Spanish airports, where it serves more than 250 carriers.

Iberia es un grupo internacional de transporte aéreo que, desde su fundación en 1927, ha permanecido ininterrumpidamente en el mercado. El transporte de pasajeros y mercancías es su principal actividad, aunque no la única: también realiza el mantenimiento de sus aviones y de los de cerca de 50 empresas más, incluidas las más importantes de Europa, y la asistencia a aviones y pasajeros (handling) en todos los aeropuertos de España, con más de 250 compañías aéreas como clientes, entre otras actividades.

http://www.iberia.com

Earnings of 51.1 million euros in first three quarters, 77% less than in same-2007.
Fuel costs climbed by 374.2 million euros through September, to stand for 29% of total operating expenses, but this was partly offset by cost-cutting measures that trimmed unit costs, excluding fuel, by 6%.
Operating revenues in the first three quarters were little changed from same-2007, despite the estimated 135 million euro impact of the U.S. dollar depreciation.
Average income per passenger/kilometre rose by 0.5% in the third quarter, which helped offset the decline in cabin occupancy.
Employee productivity increased by 5.0% in first nine months, and the fleet utilisation rate climbed by 4.6% to an average of 10 hours per aircraft/day.
Punctuality advanced by 2.8 points from same-2007, reaching 83.2% through September, outstripping Iberia’s European competitors.

Madrid, 12 of November of 2008
Iberia’s third-quarter results, posted today, showed net earnings of 30.4 million euros in the quarter, despite rising fuel costs and weaker demand. In the first nine months of 2008, net earnings reached 51.1 million euros, 77% below the figure for the same period of 2007, due to the additional 374.2 million euros that was spent on fuel.

Operating income of 4,120.9 million euros in the first three quarters was little changed from that of the same period of last year, as the 46.9 million euro decline in passenger revenues was nearly offset by the 42.4 million euro increase in other income items; Iberia’s aircraft maintenance division alone brought in an additional 30.2 million euros in the period.

Operating expenses came to 4,137 million euros for the first three quarters, representing an increase of 220.8 million (5.6%) over those posted a year ago. This was chiefly due to higher fuel costs, which were offset in part by the cost-cutting measures prescribed in the company’s 2006-08 strategic plan, and the depreciation of the U.S. dollar against the euro. When fuel costs are excluded, Iberia’s operating expenses show a 5% decline from the same period of last year.

In the first three quarters spending on fuel accounted for 29% of total operating expenditures by the Iberia group, and for more than 36% of its transport business expenses. In the 9-month period, fuel cost Iberia a total of 1,201.4 million euros, which was 374.2 million more than in same-2007. This rise was offset in part by lower unit consumption, thanks to greater fuel-efficiency by the aircraft fleet.

Cabin Occupancy Highest Among Europe’s Network Airlines

Iberia reported an outstanding 80.8% passenger load factor in the January-September period, which was higher than those of comparable European carriers, although it was 1.2 points below last year’s record level.

Overall supply, measured in available seat-kilometres, or ASKs, rose by 1.1% through September, while passengers carried, expressed in revenue passenger-kilometres, or RPKs, fell by 0.5%. The company completed the painstaking review and optimisation of its flight programme that was stipulated in the 2006/08 strategic plan, reducing capacity on some domestic routes and their centralisation at the Madrid hub, while increasing intercontinental services and raising supply on central and eastern European routes. These changes extended the length of the average flight leg by 12.4% to 2,246 kilometres.

The long-haul segment now accounts for 63% of total RPKs, having grown by 2.8% in January-September in comparison with the same months of 2007, while supply increased by 4.9%, to yield a load factor of 85.9%.

Revenue per RPK showed a rising trend during the first three quarters of 2008. At constant exchange rates, in the third quarter the average yield from all routes was 4.2% above its level in the same quarter of 2007, while in the first two quarters the yield was 0.2% lower.