21-Apr-2014 9:44 AM
IATA: International premium traffic up 4% in Feb-2014
IATA reported (17-Apr-2014) the following premium and economy traffic growth highlights by region in Feb-2014:
- Premium traffic: +4.1% year-on-year;
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- Within Africa: -7.5%;
- Within Far East: +1.0%;
- Within North America: +2.6%;
- Within South America: -1.7%;
- Within Europe: +1.1%;
- Economy traffic: +2.7%;
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- Within Africa: -3.9%;
- Within Far East: -2.2%;
- Within North America: +7.9%;
- Within South America: -4.5%;
- Within Europe: +2.2%. [more - original PR]
IATA: "The outlook for premium travel markets is broadly positive, but the recent slowdown in improvements in the business environment could restrict further acceleration. Global business confidence continues to signal economic growth, but March data shows the rate of growth has slowed. Improvements in advanced economies should sustain growth in premium travel ahead, but the degree of weakness in some emerging markets will determine the pace of future expansion." Source: IATA statement, 17-Apr-2014.