Premium traffic growth rates to moderate but upward growth trend still exists: IATA
Worldwide premium air travel demand growth eased in June, reflecting slower world trade demand and weakening business confidence, according to airline industry association, IATA. Since these figures were assembled, global financial markets have experienced significant volatility and uncertainty, though IATA remains reasonably positive about airline prospects. It noted that premium passenger markets are expected to show further growth over the months ahead. But it warned that growth rates are likely to “run at a slower pace”.
