IAG January traffic and load factor rise
British Airways and Iberia parent International Consolidated Airlines Group’s traffic and load factor rose in January.
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International Consolidated Airlines Group SA (CDI)
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Group traffic, measured in revenue passenger kilometres, was up 11.9% year-on-year to 17.3m, while the load factor, which gauges how many seats were taken up on flights, rose to 78.7% from 77%.
Group capacity measured in available seat kilometres grew 9.4% while group premium traffic for January increased 2.1%.
In addition, the company said British Airways will resume direct flights to Tehran in Iran from 14 July onward.
The route will launch as a six-per-week service before moving to daily flights from winter 2016.
At 1535 GMT, IAG shares were down 3.8% to 520.50p.