Premium traffic improves but outlook less than clear: IATA
Global premium travel rose 9.5% year-on-year in May-2011, but concern about slowing economic activity in key premium travel markets in North America and Europe, combined with a steady deterioration in business confidence, leave reason for caution. IATA has warned that the latest monthly growth may be exaggerating the underlying rate of growth and a significant fall-back to lower rates could bee seen in the Jun-2011 data.
