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;
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.