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Business travel demand slumps further in November - IATA

Analysis

Business and First class air travel slumped further in November, according to latest data from IATA. The number of passengers travelling on premium tickets fell by 11.5% in Nov-08, following a 6.9% decline in Oct-08, reflecting the "sharp intensification of recession in major economies around the world and the contraction of world trade", according to the industry body.

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