Premium air travel growth slows sharply in March, fall in economy travel of more concern: IATA

Worldwide premium (business and first class) air travel growth slowed “significantly” in March, according to IATA, due to the unexpected events in Japan and Middle East/North Africa (MENA). But the industry association warned that a slowdown in economy travel over the past five months was of more concern than the reduction in traffic at the pointy end. [827 words]

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This report contains the following subheadings:

• Premium traffic growth slows, but 5-6% growth expected in second half

This report contains the following charts and tables:

• IATA total premium traffic growth: Feb-2009 to Mar-2011
• Premium traffic growth by region
• IATA Middle East premium revenue share vs premium traffic share: Jul-2008 to Mar-2011