IAG Reports Traffic Statistics for February 2014

In February 2014, Group traffic measured in Revenue Passenger Kilometres increased by 11.4 per cent versus February 2013 (up 4.9 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 11.2 per cent (up 4.9 per cent on a pro-forma basis).

Group premium traffic for the month of February increased by 5.2 per cent compared to the previous year.
Underlying market conditions remain unchanged from those published at Full Year 2013 results.

STRATEGIC DEVELOPMENTS
Iberia has reached agreements in principle with its pilots and cabin crew unions to introduce permanent structural change and fundamentally improve the airline’s productivity. Salaries will remain frozen until 2015 and after that date, increases will be subject to the airline’s profitability. Productivity measures include an increase in the number of duty days and flight hours per year. These agreements are subject to the approval of the unions’ assemblies.

This summer Vueling will start flying new domestic routes from Rome and Florence. The airline will operate between Rome and Lamezia, Brindisi, Bari as well as Catania. Services will also be launched from Florence to Bari and Catania. In addition, Vueling has announced that two new routes will be added to its schedule, Barcelona-Tunis and Amsterdam-Santiago de Compostela.