Premium traffic up 6.4% in Jun-2011 - IATA
IATA reports (16-Aug-2011) the following premium traffic growth highlights by region in Jun-2011:
- Total international: +6.4% year-on-year;
IATA: “The experience with passenger yields differs a lot between markets. Still relatively tight demand-supply conditions for US airlines have allowed them to reflect higher fuel costs in their passenger yields which have risen back to pre-recession levels in previous months. However yields have not been as strong in other regions. Industry wide we estimate that premium revenues are expanding at an annual pace in the low teens,” Source: Company statement, 16-Aug-2011.