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IAG rapporterar stark juni 2012

Concorde

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Inte illa med tanke på att IB blöder och man har en dyr BD integration.

FE Investegate |Intl Con Airline Grp Announcements | Intl Con Airline Grp: Traffic Statistics June 2012

INTERNATIONAL AIRLINES GROUP

JUNE 2012 - GROUP TRAFFIC AND CAPACITY STATISTICS



§ In June 2012, Group traffic measured in Revenue Passenger Kilometres rose by 8.9 per cent versus June 2011 (up 5.9 per cent on a like for like basis); Group capacity measured in Available Seat Kilometres was up 5.8 per cent (up 2.6 per cent on a like for like basis).

§ Group premium traffic for the month of June grew by 5.3 per cent compared to the previous year, with 9.6 per cent growth in non-premium traffic.

§ Underlying market conditions remain unchanged from last month. As we had indicated earlier in the year there is likely to be some near-term softness in premium traffic due to the Olympic Games.



July 4th, 2012



STRATEGIC DEVELOPMENTS

On June 21st, IAG held its Annual General Meeting in Madrid, shareholders approved all proposed resolutions.

On June 22nd, Iberia appealed the arbitrator's decision in relation to the pilots' union Sepla. The appeal relates to concerns that, among other reasons, the arbitrator went beyond his mandate and made a decision that will adversely affect management's ability to maintain an appropriate cost base for the business and that the decision will impede future growth prospects.

Iberia Express launched new flights between Madrid and Riga. The airline now offers a total of 15 destinations.

British Airways announced new routes for its winter schedule from London Heathrow to Seoul, Zagreb and Leeds Bradford and from London Gatwick to Las Vegas and Barcelona. It will also start operations between London City and Aberdeen. Following the acquisition of bmi by IAG, British Airways relaunched services between Belfast City Airport in Northern Ireland and London Heathrow after an 11-year gap.


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