Iberia Dec Passenger Load Factor Drops To 76%
January 13 2009 - 12:22PM
Dow Jones News
Iberia Lineas Aereas de Espana SA (IBLA.MC), Spain's largest
airline, Tuesday said its passenger load factor was 76% in
December, down from 77% a year earlier.
Load factor, a measure of occupancy used in the airline
industry, is the percentage of all seats offered which are occupied
on flights.
In a regulatory filing, Iberia said its passenger load factor
for 2008 was 80%, down from 81.6% in 2007.
Iberia has reduced the number of seats on offer by 0.5% last
year as the world travel market weakens, with overall demand
falling 2.5% from 2007, Iberia added.
Company Web site: www.iberia.com
-By Santiago Perez, Dow Jones Newswires; +34 91 395 8121;
santiago.perez@dowjones.com
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