IAG unveils monthly traffic report

British-Spanish multinational airline holding company International Consolidated Airlines Group released its traffic statistics update for November on Wednesday.

British-Spanish multinational airline holding company International Consolidated Airlines Group released its traffic statistics update for November on Wednesday.

Group traffic revenue passenger kilometres - the total number of kilometres travelled by all passengers- rose 3.6% in the month of November 2012 compared to in the corresponding period in 2011.

Group capacity measured in available seat kilometres was up 1.2% and group premium traffic for November grew 4.7% compared to a year earlier, when it rose by only 3.4%.

The number of passengers on flights within Europe rose 13.3% from 1,568,000 in November 2011 to 1,777,000 in November 2012. In Africa, the Middle East and Southeast Asia, the number of passengers rose 10.2% to 352,000 in November 2012 from 388,000 in November 2012.

The only region where the numbers of passengers being carried declined was Latin America and the Caribbean. Numbers fell to 365,000 in November 2012 from 375,000 in November 2011.

British Airways performed better than Iberia with regard to revenue passenger kilometres in the month of November. Revenue passenger kilometres rose 7.6% in November 2012 to 9,767m kilometres compared to 9,078m kilometres in November 2011.

At Iberia, revenue passenger kilometres fell by 5.8% to 3,598m kilometres in November 2012 compared to 3,821m kilometres in November 2011.

IAG was formed in January 2011 and is the parent company of British Airways, Iberia and bmi. It is a Spanish-registered company with shares traded on the London Stock Exchange and Spanish Stock Exchanges.

MF

Recommended

The top funds to invest in
Funds

The top funds to invest in

Investors continue to favour passive funds in April though figures reveal an actively managed money market fund also caught their eye. We look at wher…
3 May 2023
The ten highest dividend yields in the FTSE 100
Income investing

The ten highest dividend yields in the FTSE 100

Rupert Hargreaves takes a look at the companies with the highest dividend yields in the UK’s blue-chip index
20 Apr 2023
Best junior stocks and shares ISA platforms
Isas

Best junior stocks and shares ISA platforms

A junior stocks and shares ISA is a great way to save for your child tax-efficiently. But it can be confusing deciding which investment platform to ch…
28 Mar 2023
The outlook for Shell shares is mixed, despite bumper profits
Energy stocks

The outlook for Shell shares is mixed, despite bumper profits

With profits surging, it looks as if Shell is on a roll, but the company’s growth from here is hard to see as Rupert Hargreaves explains.
6 Feb 2023

Most Popular

June’s NS&I Premium Bond prize draw - are you this month’s millionaire?
Savings

June’s NS&I Premium Bond prize draw - are you this month’s millionaire?

Two fortunate NS&I Premium Bond winners are now millionaires. Find out here if you’re one of them.
1 Jun 2023
The best one-year fixed savings accounts - June 2023
Savings

The best one-year fixed savings accounts - June 2023

You can now earn 5% on 1 year fixed savings accounts - the best rate seen in 14 years. We have all the latest rates available now.
2 Jun 2023
The top healthcare funds to buy
Investments

The top healthcare funds to buy

Increasingly rapid progress in drugs and healthcare technology makes these trusts top tips, says Max King.
1 Jun 2023