Premium air traffic increases

number of passengers buying premium airline tickets increased in June as
economic recovery kept first and business class seats filled, the airline
industry body IATA has said.

for premium tickets was up 16.6 per cent compared with a year ago.

contrasts with a 9.5 per cent rise for economy seats, after recession and
austerity measures in some countries dampened demand for leisure travel.

passenger numbers and ticket prices lifted premium revenue by 40 per cent.

were regional variations in the demand for seats with Asian, South American and
Middle Eastern markets strong, while transatlantic routes were sluggish.

230 members of the International Air Transport Association (IATA) include American
Airlines, China Southern Airlines and Lufthansa.

expects airlines to return to the black this year, with profits of $2.5 billion
against earlier forecasts of a $2.8 billion loss.

it said there were signs that growth had slowed in the second quarter as
economic activity returned to pre-crisis levels.

growth in the second quarter, adjusted for the disruption from the Icelandic
ash cloud, slowed to 9 per cent.

sort of slowdown should be expected as the post-recession rebound and business
inventory cycle boosts disappear,” an IATA spokesperson said.

Comments are closed.