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IAG Group, the parent company of British Airways, Iberia, Aer Lingus and Vueling, reported that the group traffic in January 2017 measured in Revenue Passenger Kilometers (RPKs) increased by 4.4% year over year. The group capacity measured in Available Seat Kilometers (ASKs) rose by 5.1% YoY.
IAG – which owns British Airways, Spanish carriers Iberia and Vueling, and Irish airline Aer Lingus – said group traffic, measured in revenue passenger kilometers, increased by 4.4% in January. By individual airline, British Airways saw 3.7% growth in traffic, while Aer Lingus, Iberia and Vueling achieved growth of 12%, 2.2% and 11%, respectively. Group premium traffic across the group increased by 6.9% year-on-year. Load factor, however, declined by 0.5 percentage point to 78.2% from 78.7%.The group company also reported its strategic development. On 11 January, Iberia started selling tickets for its Premium Economy class, which will be fitted on 37 long-haul aircraft. The new class will be available on Iberia flights between Madrid, Chicago and New York starting from May, Madrid-Miami from August and Madrid-Boston from September. The new class will be available on Iberia flights between Madrid, Chicago and New York starting from May, between Madrid and Miami from August and between Madrid and Boston from September.
Shares in IAG were trading up 0.7% at 486.90 pence on Friday.