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Sharp Decline in Premium Airline Passenger Segment

Premium Airline Travel Down According to IATA

(Dive Travel Business News - October 20, 2011) -- An unexpectedly strong third quarter for premium air travel fell sharply in August according to the International Air Transport Association. The level of premium passengers in August was just 2.3 percent higher than last year, compared to 7.5 percent in July. The drop in premium passenger travel, which represents primarly business travel, was larger than the fall in economy travel, which declined from 5.5 percent to 3.8 percent. read more »

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