7% fall in December
Iberia reported a 7% drop in traffic for December compared with the same month in 2007.
The Spanish carrier said it capacity for the month was down 5.7% and the load factor dipped by 1.1% to 76%.
The airline reported that a 7.4% drop in capacity on European short haul flights led to a 2.9% rise in the load factor to 66.2% although traffic slipped by 3.2%.
There was a slight drop of 0.9% in passengers on its South Atlantic routes with the load factor falling by 2% to 83.5% and capacity by 0.8%.
On routes to the North Atlantic, capacity and traffic were down, respectively, by 1.7% and 0.9% while the load factor was 78.6%.
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