Crisis Briefing - 20-Oct-08

Premium travel outlook “very depressed” – IATA

The economic blowtorch is well and truly on. The number of passengers travelling on premium tickets worldwide shrank at an accelerating rate for the third month in a row in Aug-08, according to IATA, as the deterioration in economic conditions caused a slump in business travel. In August, for the first time since SARS in 2003, there was a decline in the number of passengers travelling on both premium and economy tickets. The post Summer pick-up in premium traffic has also failed to materialise and the unpredented financial market turbulence is expected to show up in even more depressed figures in the remainder of 2008.

This CAPA Premium Analysis article is 652 words.

To access CAPA Premium Analysis you need a CAPA Membership

Your window into the latest insights

CAPA employs an industry-leading Analyst team based in Europe, North America, Asia and Australia who offer unique perspectives and independent and accurate commentary of critical industry developments globally. CAPA Members rely on our Analysis to unlock valuable insights and actionable intelligence to keep ahead of the game.

Big picture strategic view

Our Analysts don’t just report the news - they take a big picture strategic view of aviation dynamics, issues and trends and analyse the implications of these developments for you.

Global intelligence

The CAPA Analyst team is based globally to ensure our CAPA Members have access to independent, unique perspectives covering an entire spectrum of daily, worldwide commercial aviation developments.

Customise your Alerts

CAPA Members can use CAPA Alerts to receive daily, weekly or monthly and customised updates on our Analysis.

I'm very impressed by the factual and detailed analysis CAPA is always doing.

- CEO, Airline Member
To learn more, contact us:
Phone: +61 2 9241 3200 | Email: membership@centreforaviation.com