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Pin to quick picksInternational Airlines Share News (IAG)

Share Price Information for International Airlines (IAG)

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Share Price: 175.20
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IAG Says Passenger Traffic And Load Factor Up In September

Mon, 05th Oct 2015 14:25

LONDON (Alliance News) - International Consolidated Airlines Group SA on Monday reported a rise in group passenger traffic and load factor in September, compared to the same month a year before.

The company said its group traffic, measured in revenue passenger kilometres, increased by 13.9% to 21.4 million from 18.8 million, while its load factor rose 0.2 percentage point to 84.7% from 84.5%.

Group capacity grew 13.7% to 25.2 million available seat kilometres from 22.2 million in September 2014.

Earlier on Monday, budget carries Ryanair Holdings PLC and Wizz Air Holdings PLC also posted an improvement in group traffic and load factor.

Irish budget carrier Ryanair said its customer traffic in September rose 12% year-on-year to 9.6 million from 8.5 million a year earlier, while its load factor improved to 94.0% from 90.0%.

Central and Eastern Europe-focused carrier Wizz Air, meanwhile, said its passenger traffic rose to 1.8 million in September, up 22% from the 1.5 million passengers it carried a year earlier, while its load factor improved to 90.9%, up from 87.5%.

easyJet is provides its own September traffic statistics on Tuesday morning.

Shares in IAG were trading up 1.9% at 582.00 pence Monday afternoon, while Ryanair shares were up 3.9% at EUR13.40 and Wizz Air shares were up 0.6% at 2,051.00p. easyJet shares were up 2.8% at 1,797.00p.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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