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8-Jun-2012 12:02 PM

IAG pax numbers up 9.3% in May-2012, cargo traffic down 3.2%

International Airlines Group (IAG) reports (07-Jun-2012) the following consolidated traffic highlights in May-2012:

IAG: “Group premium traffic for the month of May grew by 1.7% compared to the previous year, with 7.5% growth in non-premium traffic. Trends for June appear stronger than those in May. Underlying market conditions at our London Heathrow hub continue to be firm, particularly in long haul premium. However, commercial performance at our Madrid hub has deteriorated further due to the ongoing effects of the Spanish and wider Eurozone macroeconomic conditions and the aftereffects of prolonged industrial action,” Source: Company statement, 07-Jun-2012.

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