Olympics will hit premium traffic warns IAG
British Airways’ parent IAG is warning that its premium traffic will be impacted by the London 2012 Olympics.
Releasing its June figures, it said it expects to see some "near-term softness" in first and business class sales during the Games.
International Airlines Group, formed by the merger of British Airways and Iberia, reported a strong June but BA performed better than sister airline Iberia.
BA’s June traffic was up 11.3% compared to a 3.2% rise at Iberia.
Overall revenue passenger kilometres rose by 8.9% over June 2011, while passenger load factor was up 1.2 percentage points to 76.1%.
First and business-class travel rose 5.3%, while non-premium traffic was up 9.6%.
Bev
Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.
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