25 MAY 2015

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Article from BTNews 25 MAY 2015

IATA travel statistics

Passenger travel on international markets rose 4.6% in March compared to a year ago, in line with the 4.6% result in February according to the airline trade association IATA.  But the growth trend over the past several months, particularly for premium travel, has flattened.

For premium international travel (up 4.4%), there was an acceleration on February (up 2.3%), but the growth trend remains broadly flat when considering the past six months.  Premium international air travel volumes are largely unchanged since August 2014.

Looking ahead, there might be some bright spots for growth in premium international travel.  Premium international air travel was up 7.8% within Europe in March, compared to 0.4% in February.  There are signs of a pickup in business confidence in the Eurozone which could support growth ahead.

But says the organisation, which does not include for the most part the low-cost airlines, it is important to note that weakness appears to be creeping in again in other regions, with business activity in emerging markets contracting in April for the first time during the past 12 months.  This could mean a continuation of the flat trend in volumes we have been seeing since late 2014.   www.iata.org

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