15-Oct-2010 11:15 AM

Premium traffic up 9.1% in Aug-2010: IATA

IATA reports (14-Oct-2010) the following premium traffic growth highlights by region in Aug-2010:

IATA: “Premium travel has now risen 17% above its 2009 low point but 99% of that rebound had occurred by the end of the first quarter of this year. In the five months since then the number of passengers travelling on premium seats has levelled off and appears to have stopped improving. Whether this is a temporary pause remains to be seen. Business confidence is slipping but remains positive. Premium markets are still 11% smaller than their pre-crisis size in early 2008,” Source: IATA statement, 14-Oct-2010.