IAG unveils monthly traffic report

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%.

Start your trial of MoneyWeek today

Get unparalleled financial insight, analysis and expert opinion you can profit from.

Start your trial

Sign up for MoneyWeek’s free twice-daily newsletter.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Join more than 165,000 subscribers and keep yourself informed with latest financial news, insights and expert analysis to help you understand what really matters when it comes to your finances.

Sign up

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