OREANDA-NEWS. In September 2013, Group traffic measured in Revenue Passenger Kilometres increased by 8.8 per cent versus September 2012 (down 0.4 per cent on a pro-forma basis); Group capacity measured in Available Seat Kilometres rose by 8.3 per cent (down 1.4 per cent on a pro-forma basis).

Group premium traffic for the month of September decreased by 0.1 per cent compared to the previous year, on falling capacity.

Underlying market conditions remain unchanged from those described at the publication of Quarter Two results on 2 August.

3 October 2013

STRATEGIC DEVELOPMENTS

IAG shareholders approved the purchase of 18 Boeing 787 and 18 A350 longhaul aircraft for British Airways and 62 A320 shorthaul aircraft for Vueling at a shareholder meeting on September 26. The meeting also approved the appointment of Enrique Dupuy de Lome Chavarri, IAG's Chief Financial Officer, to the IAG Board.

British Airways announced that it will extend its North American network with a new daily service to Austin, Texas from March 2014. Flights will be operated on a Boeing 787 aircraft.

Iberia launched a new fare structure for domestic and European flights which includes a new “Basic” economy fare for the most price conscious customers who only fly with hand luggage.

In September two more Airbus A340-600 aircraft were equipped with Iberia's new Business and Economy longhaul cabins, making a total of three A340-600s with new cabins now flying.