Premium traffic growth slows on high fuel prices and Middle East unrest: IATA
IATA cautioned that the next few months at least would see air travel “adversely” hit by external factors, such as a further surge in fuel prices, unrest in MENA region, the impact of the Japanese earthquake and a fall in business confidence during Mar-2011. Passengers travelling on premium and economy seats continued to expand in Feb-2011, albeit at a slower pace.
