Int'l premium traffic up 9% in Aug-2013: IATA

IATA reports (21-Oct-2013) the following premium and economy traffic growth highlights by region in Aug-2013:

• Premium traffic:
• • Total: +8.6% year-on-year;
  • • Within Africa: +2.3%;
    • Within Far East: +7.8%;
    • Within North America: +14.1%;
    • Within South America: +10.5%;
    • Within Europe: +7.2%;
• Economy traffic:
• • Total: +4.6%;
  • • Within Africa: +6.7%;
    • Within Far East: +2.2%;
    • Within North America: +4.5%;
    • Within South America: +3.7%;
    • Within Europe: +3.6%. [more - original PR]

IATA: "The outlook for air travel markets continues to improve. Business confidence is at levels not seen since mid-2011, supported by better conditions in advanced economies. Export orders also continue to rise, now at the fastest pace since May 2011, suggesting a pick-up in world trade growth in months ahead. Some of this improvement in the demand environment is already evident in this month's travel numbers, helping to raise the proportion of premium travel relative to total travel to an 18-month high, which should provide support to yields," Source: Company statement, 21-Oct-2013.