Premium traffic up 3.7% in Dec-2011: IATA
IATA reports (16-Feb-2012) the following premium traffic growth highlights by region:
- 12 months ended Dec-2011:
IATA: “Although international trade indicators are signaling flat growth at best, business confidence – which tends to lead premium travel by several months – has now turned up in the past 2 months and is pointing to increased business activity. As a result, we would expect some increase in business travel, lending some support to premium travel in the months ahead. However, growth risks from the Eurozone banking crisis remain.” Source: Company statement, 16-Feb-2012.