British Airways owner International Consolidated Airlines Group (LON:IAG) shares took off as it reported increased traffic in September.
The number of passengers carried was up 0.6% year-on-year, from 10.5mln in September 2018 to 10.6mln last month – for a 4.9% increase in the year to date.
READ: IAG warns on profits due to BA pilot strikes and higher competition
The growth was driven by the Latin American & Caribbean and domestic sections, jumping 14.0% and 6.1%, and were offset by negative results in the rest of the sections.
The FTSE 100-listed firm lowered its 2019 guidance last month, with capacity expected to be around 4% rather than 5% as set previously.
The 2019 operating profit before exceptional items is expected to be €215 million lower than 2018 pro forma, at €3.4bn, following strikes and “additional disruption” affecting British Airways.
Shares were up 2.49% to 466.04p on Monday afternoon.