IATA reports (19-Jun-2012) the following premium and economy traffic growth highlights by region in Apr-2012:
- Premium traffic:
- Total international: +5.8% year-on-year;
- Economy traffic:
- Total international: +7.3%;
IATA: “Conditions in the global business environment continue to provide support for premium travel, but the latest results for important indicators show some weakness, and that is consistent with the results for premium travel in April. Business confidence continues to indicate modest expansion, but the index has weakened on the back of China’s slowdown and further weakness in Europe. The latest month of trade data indicates a slight softening in traded volumes, which does not bode well of for business-related premium travel.” Source: Company statement, 19-Jun-2012.