IATA report increase in premium travel
17.08.10
Demand for first and business class flights jumped again in June, according to figures from the International Air Transport Association (IATA). In its monthly premium monitor, the airlines body said demand for premium tickets was 16.6% up on a year ago, against a 9.5% rise for economy.
Growth for the first half of the year was 11.9% for premium and 6.3% for economy. Revenue on premium seats was over 40% higher in June than a year ago, reflecting both the increased number of passengers and a strong rise in average fares. Asian, South American and Middle Eastern markets were strong, but transatlantic flights remained sluggish.
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