Premium traffic up 1.1% in Apr-2010: IATA says disruption was temporary

IATA reports (16-Jun-2010) the following premium traffic growth highlights by region in Apr-2010:

• Total international: +1.1% year-on-year;
  • Within Africa: -3.0%;
  • Within Far East: +18.4%;
  • Within Middle East: +8.4%;
  • Within North America: +4.2%;
  • Within Southwest Pacific: -10.2%;
  • Within Europe: -5.1%. [more]

IATA: "Volumes fell sharply in April but average fares and yields rose, as a result of rising load factors which tightened supply-demand conditions. Provisional data for May suggests a strong rebound from the temporary disruptions of April. The travel upturn still seems to be on track. There are risks ahead, particularly in Europe, but strong economic growth in other regions should continue to drive growth in business travel and both seat classes during the next few months," Source: IATA statement, 16-Jun-2010.