Yields trending higher in 2012: IATA
IATA, in its Feb/Mar-2012 Airlines Financial Monitor, stated (04-Apr-2012) "yields are trending higher in 2012, with another increase in February". IATA noted that growth in yields had slowed in 2H2011 compared to 1H2011 levels "but the growth rate appears to be increasing again in 2012". In the US market, IATA noted that "high US load factors have allowed for a greater recovery of fuel costs by US airlines. International fares, which exclude fuel surcharges, are diverging from the upward trend in yields, declining at a slow rate since mid-2011".