IAG, parent of British Airways and Iberia, reported that premium traffic in January increased 2.7 percent year over year, ahead of the 0.3 percent growth in non-premium traffic. Measured in revenue passenger kilometers, the group's overall traffic was up 6.8 percent in domestic U.K. and Spanish markets, 5.5 percent in the rest of Europe and 1.2 percent on North American routes. By carrier, BA experienced traffic growth of 5.1 percent while Iberia's January traffic dropped 10.3 percent.
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The global jet accident rate in 2014 reached an all-time low, although the number of passenger fatalities for the year was above average, the International Air Transport Association reported on Monday.... read more »