Premium traffic growth contracts in Sep-2009: IATA; premium revenue still down 27%
IATA reports (17-Nov-2009) the following premium traffic growth highlights in Sep-2009:
- Total international: -13.9% year-on-year;
IATA: “Load factors are now back to pre-recession levels which is slowly improving fares and yields. However, the fall in passenger numbers almost entirely offset this benefit for revenues. We estimate that revenues from premium passengers was down some 27% on the previous year in September,” IATA statement. Source: IATA, 17-Nov-2009.