logo
Share SHARE
FONT-SIZE Plus   Neg

International Airlines Group February Traffic Falls 2.4% - Quick Facts

International Airlines Group (IAG.L) said Tuesday that its traffic in February slid 2.4 percent from a year ago, mainly as Spain's Iberia cabin crew and ground employees' unions went on strike for five days.

The Group's traffic, or revenue passenger kilometres (RPK), slid 2.4 percent in February to 11.7 billion RPK from about 12 billion RPK in the same month a year ago. At Iberia, RPK plunged 20.6 percent from last year, while British Airways was up 5.3 percent.

Group capacity measured in Available Seat Kilometres (ASK) for February was down 4.4 percent at 15.57 billion ASK, compared with 16.3 billion ASK last year.

Meanwhile, passenger load factor in February improved to 75.2 percent from 73.6 percent in the prior year.

The airline carried a total of 3.6 million passengers in February, up 1.4 percent from last year.

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
The Justice Department has initiated a probe to find out if airlines are colluding to limit seating capacity in order to benefit from higher airfares. Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud has pledged to give away his entire wealth amounting to $32 billion for charity. He said the fund will be utilized for cultural understanding, develop communities, empower women, enable youth, provide vital disaster relief and create a more tolerant and accepting world. Toyota accepted the resignation of its Chief Communications Officer Julie Hamp, following her arrest in Japan for allegedly mailing banned painkillers to her address in Japan from U.S.
comments powered by Disqus
Follow RTT