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IAG November Traffic Up On BA Growth

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International Airlines Group posted a rise in November traffic, as strong growth at British Airways again made up for weakness at Spain's Iberia.

Traffic, measured in revenue passenger kilometers, rose by 3.6 percent versus November 2011, while passenger load factor was up 1.9 percentage points at 77.2 percent.

IAG said its first and business-class travel rose 4.7 percent, while non-premium traffic was also up 3.4 percent.

British Airways' November traffic was up 7.6 percent compared to a 5.8 percent fall at Iberia.

IAG has seen worsening economic conditions in Spain hit its performance in recent months, undermining strength in long-haul travel out of London.

Iberia's ground and cabin crew last month said they would stage a series of strikes in December, disrupting the holiday travel season to protest against massive job cuts.

IAG last month unveiled plans to cut about 4,500 jobs, or a quarter of Iberia's workforce, and reduce capacity in a bid to make it more competitive.

(Reuters)