19-Jan-2018 2:50 PM
IATA: Passenger yields expected to rise modestly in 2018
IATA reported (17-Jan-2018) passenger yields are expected to rise modestly in 2018. According to IATA, the long-standing downward trend in passenger yields started to level off in mid 2016. When measured in US dollar and exchange-rate adjusted terms, yields are currently broadly unchanged year-on-year. The change in the yield trend has occurred alongside a strengthening in global economic conditions, as well as upward pressure on some key input costs, including oil and labour. [more - original PR]