IATA’S ASSESSMENT OF PREMIUM AND ECONOMY TRAVEL | Book gorilla permit


iata s assessment of premium and economy travel in february 10 march ...

IATA released its assessment of premium and economy travel for August 2014

There was also a strong expansion in passenger numbers between August and July, which counters the negative trend seen in previous months;
The expansion in passenger numbers is consistent with signs of improving business conditions, after a period of weakness in international trade and business confidence earlier in the year;

The improvement in international passenger numbers has been supported by strong growth on markets like Europe – Far East (6.7%) and North and Mid Pacific (7.1%). The recent weakening of the Eurozone economy is yet to have an obvious impact on air travel growth;

By contrast, air travel within Far East and markets connected to South America continue to show weakness;

Economic and political turmoil in Thailand has damaged tourism demand over recent months and Malaysia air travel has been impacted by tragedies related to the flag carrier;

The North America – South America market has been hit by capacity cuts to Venezuela as well as weakness in key economies like Brazil and Argentina.

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