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IAG pax down 4.1% in Jan-2012, load factor up. Notes 'firm' conditions at Heathrow

6-Feb-12 12:39 PM

International Airlines Group (IAG) reports (03-Feb-2012) the following consolidated traffic highlights in Jan-2012:

  • Passenger numbers: 3.6 million, -4.1% year-on-year;
    • Domestic (UK and Spain): 676,000, -20.9%;
    • Europe: 1.4 million, -0.3%;
    • North America: 572,000, +7.3%;
    • Latin America and Caribbean: 411,000, -0.5%;
    • Africa, Middle East and S.Asia: 383,000, -0.3%;
    • Asia Pacific: 121,000, -4.0%;
  • Passenger load factor: 75.7%, +2.0 ppts;
    • Domestic (UK and Spain): 67.4%, +3.6 ppts;
    • Europe: 63.2%, +2.8 ppts;
    • North America: 75.2%, +4.8 ppts;
    • Latin America and Caribbean: 85.8%, +1.0 ppts;
    • Africa, Middle East and S.Asia: 74.6%, -1.2 ppts;
    • Asia Pacific: 78%, -3.6 ppts;
  • Cargo traffic (FTKs): +0.9%. [more – original PR]

IAG: “Group premium traffic for the month of January grew by 3.8% compared to the previous year, with 0.7% growth in non-premium traffic. Underlying market conditions at our London Heathrow hub appear firm, but our Spanish operations have been significantly impacted by the strikes, which reduced Group capacity by approximately 2%.” Source: Company statement, 03-Feb-2012.