Premium traffic up 10.8% in Mar-2010: IATA
IATA reports (17-May-2010) the following premium traffic growth highlights by region in Mar-2010:
- Total international: +10.8% year-on-year;
IATA: “Yields have turned up from their mid-2009 lows as record load factors have tightened supply-demand conditions. However, yields have not recovered the ground lost during the recession to the same extent as travel demand. By the end of the first quarter premium yields were still well down on pre-recession levels but had risen some 10% above the previous year. As a result premium revenues are starting to show some significant growth,” Source: Company statement, 17-May-2010.