17-Feb-2010 10:45 AM

IATA reports 1.7% rise in Dec-2009 premium traffic

IATA reports (16-Feb-2010) the following premium traffic growth highlights by region:

IATA: “2009 was a year of two very distinct halves, with the final stages of severe recession impacting the first half and then the post-recession upturn in the second half. May marked the low point for premium travel, when numbers were 25% down on early 2008 levels. Although there has been an 11% upturn since then premium travel remained 17% below that previous 2008 high by December. Given trend growth of 5% a year, that implies that the industry has effectively lost 6 years of premium travel growth,”  IATA statement. Source: IATA, 16-Feb-2010.