IATA: Global premium traffic up in Nov-2012, downward pressure easing

IATA reported (17-Jan-2013) the following premium and economy traffic highlights for Nov-2012:

• Premium traffic:
  • Total international: +4.4% year-on-year;
    • Within Africa: +12.3%;
    • Within North America: +1.6%;
    • Within South America: +7.6%;
    • Within Europe: +1.6%;
• Economy traffic:
  • Total international: +5.8%;
    • Within Africa: +4.7%;
    • Within North America: +2.0%;
    • Within South America: +8.2%;
    • Within Europe: +3.4%. [more - original PR]

IATA: "Looking forward, the downward pressure on air travel markets seen throughout 2012 is now showing signs of easing in the months ahead. Although world trade growth remains slow, and is actually contracting in advanced economies, business confidence continues to improve and current levels firmly indicate stable growth in the months ahead. This may not translate to acceleration in air travel growth, but it could provide enough support, particularly to premium markets, to prevent a further slowdown in growth." Source: Company statement, 17-Jan-2013.