Tags: fuel price

Rising fuel prices slow airline passenger growth in September

The International Air Transport Association has announced global passenger traffic results for September showing that demand (measured in revenue passenger kilometres, or RPKs) rose 5.5 per cent compared to the same month in 2017. This was a slowdown from the 6.4 per cent growth recorded in August year-over-year. Capacity climbed 5.8 per cent and load […]

International Airlines Group overcomes rising fuel prices to report strong profits

International Airlines Group has reported operating profit of €1,460 million before exceptional items for the nine months to September 30th, up from €1,450 million last year. The company – which owns British Airways, Iberia, Aer Lingus and other European carriers – said it would issue an interim dividend of 14.5 cents per share. Passenger unit […]