17-Aug-2010 11:14 AM
Premium traffic up 16.6% in Jun-2010: IATA
IATA reports (16-Aug-2010) the following premium traffic growth highlights by region in Jun-2010:
- Total international: +16.6% year-on-year;
- Within Africa: -0.6%;
- Within Far East: +28.4%;
- Within Middle East: +7.1%;
- Within North America: -10.9%;
- Within Southwest Pacific: +2.4%;
- Within Europe: +24.2%. [more]
IATA: "Although air travel has slowed from the pace of the first quarter the outlook remains positive. Coincident indicators of business travel, such as world trade, are supporting the growth of premium travel. Exports and imports remain strong in most regions but the outlook is also for a slowdown to more normal trend growth of around 6%. Forward-looking indicators such as business confidence and financial market activity have been slipping in recent months, however they remain at historically high levels. This indicator would also suggest that premium travel growth rates are likely to slow towards 6%," Source: IATA, 16-Aug-2010.