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|Traffic Statistics February 2012|
RNS Number : 7061Y
§ In February 2012, Group traffic measured in Revenue Passenger Kilometres rose by 3.7 per cent versus February 2011; capacity measured in Available Seat Kilometres was up 2.5 per cent.
§ Group premium traffic for the month of February grew by 3.7 per cent compared to the previous year, with 3.6 per cent growth in non-premium traffic.
§ In February, Iberia pilots' union went on strike for five days: Iberia operated approximately 64 per cent of its flights. At a Group level, capacity was impacted by approximately 2.5 per cent.
§ For current outlook and strategic developments please see Quarter 4 results presentation.
March 5th, 2012
IAG and Japan Airlines announced plans for a new joint business between British Airways and JAL on flights between Europe and Japan. The agreement is subject to antitrust immunity approval by the Japanese regulatory authority and IAG is in contact with the EU.
Iberia's new subsidiary, Iberia Express will start operations on March 25th 2012.
Iberia will move its operations at London Heathrow to Terminal 5 on March 25th. Iberia and British Airways will be operating from the same terminal which will substantially enhance the customer experience.
Certain information included in these statements is forward-looking and involves risks and uncertainties that could cause actual results to differ materially from those expressed or implied by the forward-looking statements.
Forward-looking statements include, without limitation, projections relating to results of operations and financial conditions and the Company's plans and objectives for future operations, including, without limitation, discussions of the Company's Business Plan, expected future revenues, financing plans and expected expenditures and divestments. All forward-looking statements in this report are based upon information known to the Company on the date of this report. The Company undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
It is not reasonably possible to itemise all of the many factors and specific events that could cause the Company's forward-looking statements to be incorrect or that could otherwise have a material adverse effect on the future operations or results of an airline operating in the global economy. Further information on some of the most important risks in this regard is given in the shareholder documentation in respect of the merger issued on October 26, 2010 and in the Securities Note and Summary issued on January 10, 2011; these documents are available on www.iagshares.com.
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