IAG Gained 5.6% More Passengers in 2012
January 9th, 2013
International Airlines Group (IAG), the holding company for the merger of Iberia and British Airways, carried 54.6 million passengers in 2012, representing an increase of 5.6% over the previous year, the Group reported on Monday in a note sent to the National Securities Market Commission (CNMV).
IAG emphasised that the performance of British Airways (BA) remains “strong”, while the Spanish markets continued to show “weakness”, as in the preceding months.
El Economista reported that from January to December, an increase of 9.9% was registered on domestic routes (UK and Spain), reaching a total of 11.91 million passengers, while the rest of the European markets achieved an increase of 3.7%, to 23.16 million passengers.
In December, IAG increased its domestic market passengers (UK and Spain) by 6.9% over the same month of 2011, with 810,000 passengers, a percentage similar to that registered for the rest of Europe, where passenger numbers increased by 6.9% to 1.7 million, similar to the November data.
In all other markets, except Latin America, IAG also recorded improvements, with increases of 5.7% in North America (8.48 million passengers); of 14.7% in Africa, Middle East and South Asia (4.78 million); and 2.4% in Asia-Pacific (1.55 million passengers). However, in Latin America IAG transported 4.69 million passengers, which was 1.7% less.
Iberia has announced that within their restructuring plan they are considering suspending flights to some tourist destinations outside Spain, among them Santo Domingo (Dominican Republic) and Havana (Cuba), along with Athens, Cairo and Istanbul.
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