IATA reports (19-Nov-2012) the following premium and economy traffic growth highlights by region in Sep-2012:
- Premium traffic:
- Total international: +3.8% year-on-year;
- Economy traffic:
- Total international: +5.0%;
IATA: “The weakness in business confidence and the slowdown of world trade growth have kept air travel demand from expanding at the solid rates seen during earlier periods. The measure of overall business confidence did improve modestly in the last two months, but it is still indicating a contraction in manufacturing activity, now for five consecutive months. Consequently, we expect the pace of growth in air travel, particularly in premium markets, to remain modest over the coming months.” Source: Company statement, 19-Nov-2012.