In September 2010 traffic, measured in Revenue Passenger Kilometres, rose by 1.3 per cent. Passenger capacity, measured in Available Seat Kilometres, was up 0.3 per cent on September 2009. This resulted in a passenger load factor increase of 0.9 points versus last year, to 82.4 per cent. Traffic comprised a 4.3 per cent increase in premium traffic and a 0.7 per cent increase in non-premium traffic.
Cargo, measured in Cargo Tonne Kilometres, rose by 1.4 per cent.
Market conditions remain as previously anticipated, with strong yield performance in both premium and non-premium cabins.
Iberia announced that it was satisfied with British Airways’ pension recovery plan, and that it would not exercise its option to terminate the merger agreement between the two airlines. The merger is expected to be completed around the end of 2010.
The full board of International Consolidated Airlines Group (IAG), which will be the holding company formed by the British Airways and Iberia merger, was announced. Both British Airways and Iberia nominated seven board members each.
British Airways, American Airlines and Iberia signed a joint business agreement which will allow the three carriers to cooperate on flights across the Atlantic.
The airline’s first Boeing 777-300ER entered into service at the beginning of the month, operating to Mumbai. The airline has now taken delivery of its second 777-300ER.
British Airways announced the launch of a new, five times per week service to Tokyo’s Haneda airport which will start next February. The airline will also begin direct, daily services to Buenos Aires from next March and increase frequency on Barbados, Antigua and St Lucia-Port of Spain services.
The airline reached agreement with its terminal-based customer service staff on a productivity deal, which will provide a more flexible, cost-efficient and customer focused ground operation at Heathrow.