Group traffic in February, measured in Revenue Passenger Kilometres, increased by 5.8 per cent versus February 2017; Group capacity measured in Available Seat Kilometres rose by 3.5 per cent.
STRATEGIC DEVELOPMENTS
On 12 February, IAG announced its investment in Volantio, following the start-up's successful participation in IAG's Hangar 51 global accelerator programme. Volantio's platform, Yana, enables airlines to proactively identify flexible passengers on high demand flights and offer them alternative seats on lower demand flights with added incentives. Volantio was selected to continue working with the Group to provide more opportunities for its customers who can benefit from having flexible travel plans. Volantio will also receive funding from IAG's multimillion pound investment fund for digital transformation.