- In March 2014, Group traffic measured in Revenue Passenger Kilometres increased by 10.2 per cent versus March 2013 (up 2.6 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 13.2 per cent (up 5.4 per cent on a pro-forma basis).
- Traffic and load factor were affected by the timing of route launches this month, and Easter, which fell in March last year, but falls in April this year.
- Group premium traffic for the month of March increased by 8.6 per cent compared to the previous year.
- Underlying market conditions remain unchanged from those published at Full Year 2013 results.
3 April 2014
British Airways and Iberia’s joint business with American Airlines has been extended to include US Airways. The revenue sharing agreement now includes all scheduled flights operated by American and US Airways, British Airways, Iberia and Finnair between North America and Europe. US Airways brings 28 flights into the joint business, of which 27 are new, and gives customers of British Airways and Iberia access to more than 50 additional new destinations in North America.
On March 14, Iberia announced that it had signed a pay and productivity agreement with the main trade unions representing ground staff. The deal enabled the airline to submit competitive bids for handling contracts at 22 Spanish airports. The agreements signed with cabin crew and ground staff unions have already been ratified by the unions’ assemblies.