IATA reports premium traffic up 18.7% in May-2010

IATA reports (15-Jul-2010) the following premium traffic growth highlights by region in May-2010:

• Total international: +18.7% year-on-year;
  • Within Africa: +7.7%;
  • Within Far East: +26.7%;
  • Within Middle East: +7.2%;
  • Within North America: +0.1%;
  • Within Southwest Pacific: -0.5%;
  • Within Europe: +23%. [more]

IATA: "We estimate premium revenue this month is up by some 44% compared to the same month last year. This is driven not only by a strong rise in the number of passengers but also by an improvement in the average fare and yield. Despite a faster average growth rate of 8% during the first months of the year, yields and average fares are still below their pre-recession level by some 15%," IATA Source: IATA statement, 15-Jul-2010.