3rd Jun 2016 14:21
LONDON (Alliance News) - International Consolidated Airlines Group SA on Friday said group traffic, capacity and premium traffic all rose in May.
IAG - which owns British Airways, Ireland's Aer Lingus, and Spanish carriers Iberia and Vueling - said its group traffic measured by revenue passenger kilometres rose 14%. Group capacity measured in available seat kilometres also rose 14%.
On a pro-forma basis, traffic rose 4.4%, whilst capacity rose 4.5%. Group premium traffic rose 1.4% in May on a year before, also on a pro-forma basis.
IAG reported the traffic figures on a pro-forma basis to adjust for its acquisition of Aer Lingus last August.
Early in May, IAG agreed a deal with Gogo Inc to provide high-speed inflight connectivity for longhaul flights using satellite based systems. In total 118 British Airways, four Aer Lingus B757s and up to 15 Iberia long-haul aircraft will be fitted with Gogo's latest broadband technology 2Ku.
IAG said Friday that by early 2019, 90% of its long-haul fleet will be fitted with high-quality connectivity.
Shares in IAG were down 1.2% at 525.60 pence Friday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
Copyright 2016 Alliance News Limited. All Rights Reserved.
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