Int'l premium traffic up 3% in Sep-2013: IATA

IATA reports (19-Nov-2013) the following premium and economy traffic growth highlights by region in Sep-2013:

• Premium traffic:
• • Total: +3.3% year-on-year;
  • • Within Africa: -3.1%;
    • Within Far East: +8.9%;
    • Within North America: +17.3%;
    • Within South America: +6.6%;
    • Within Europe: +1.6%;
• Economy traffic:
• • Total: +2.9%;
  • • Within Africa: +3.7%;
    • Within Far East: +6.9%;
    • Within North America: +7.2%;
    • Within South America: +1.2%;
    • Within Europe: +1.7%. [more - original PR]

IATA: "The outlook for air travel markets continues to improve, alongside steady improvements in the business environment. Indicators of business confidence continue to rise, and the outlook for world trade growth is also improving with another rise in global export orders in October. The improvements have already translated to stronger demand on important markets like the North Atlantic, and have resulted in a small boost to premium travel's share of total travel, which should provide support to yields. One potential downside risk to the positive outlook is the fragility of the Eurozone recovery, with economic growth in Q3 slowing compared to Q2," Source: Company statement, 19-Nov-2013.