Airlines lose six years of premium travel growth – IATA. Will it ever come back?
The international airline industry lost six years of premium travel growth in the global financial crisis, according to new research from IATA. The lifeblood of the network airline industry, the extent to which this growth can be recovered is a very hot topic. “The question”, stated IATA, “is to what extent the lost growth is a structural shift or a cyclical fluctuation,” adding, “without further econometric analysis, we cannot give a conclusive answer to this”.