- In March 2012, Group traffic measured in Revenue Passenger Kilometres rose by 6.2 per cent versus March 2011; capacity measured in Available Seat Kilometres was up 1.1per cent.
- Group premium traffic for the month of March grew by 6.7 per cent compared to the previous year, with 6.2 per cent growth in non-premium traffic.
- Underlying market conditions at our London Heathrow hub continue to appear firm, in particular in the North Atlantic market. Our Spanish operations continue to be impacted by the ongoing threat of industrial action, 30 new days have been announced between April and July, and further deterioration of Spanish macroeconomic prospects in the short term.
April 4th, 2012
On March 30, the European Commission gave regulatory approval for IAG’s purchase of bmi from Lufthansa. Completion of the acquisition is anticipated to take place around April 20, 2012. Following completion, it is intended that bmi mainline will be integrated into British Airways during the coming months.
Iberia’s new subsidiary, Iberia Express started operations on March 25 with flights between Madrid and Palma de Majorca, Alicante, Malaga, and Seville. A total of 17 destinations will be served during the summer season. Iberia Express is now an affiliate member of the oneworld alliance.