17-Feb-2012 10:52 AM
Premium traffic up 3.7% in Dec-2011: IATA
IATA reports (16-Feb-2012) the following premium traffic growth highlights by region:
- Dec-2011:
- Total international: +3.7% year-on-year;
- Within Africa: +10%;
- Within Far East: +5.1%;
- Within Middle East: +9.4%;
- Within North America: 4.0%;
- Within Southwest Pacific: -4.3%;
- Within Europe: +3.7%;
- Total international: +3.7% year-on-year;
- 12 months ended Dec-2011:
- Total international: +5.5%;
- Within Africa: +2.9%;
- Within Far East: +9.1%;
- Within Middle East: +3.4%;
- Within North America: -6.5%;
- Within Southwest Pacific: -17.4%;
- Within Europe: +5.1%. [more - original PR]
- Total international: +5.5%;
IATA: "Although international trade indicators are signaling flat growth at best, business confidence - which tends to lead premium travel by several months - has now turned up in the past 2 months and is pointing to increased business activity. As a result, we would expect some increase in business travel, lending some support to premium travel in the months ahead. However, growth risks from the Eurozone banking crisis remain." Source: Company statement, 16-Feb-2012.