Iberia March Passenger Traffic Rises 1 Percent

2008-4-16

Spanish airline Iberia said on Monday that March passenger traffic, as measured in terms of revenue passenger kilometres, rose 1.0 percent compared with a year earlier.

The airline said traffic in March was boosted by Easter falling in March rather than April.

Passenger traffic on domestic flights fell 19.6 percent while traffic on European flights rose 11.9 percent and long-haul flight passenger traffic rose 3.6 percent.

Iberia makes most of its profit from high-margin long-haul flights between Spain and Latin America but also reported growth in North Atlantic routes to Boston and Washington with capacity and traffic increases close to 29 percent and a slight improvement in the load factor to 87.2 percent.

The passenger load factor climbed to a record 81.8 percent compared with 80.6 percent a year earlier.

Iberia has cut back its flights compared with last year.

Source: airwise news
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