IATA reported that August premium passenger traffic was down 12% year-over-year, a marked improvement over May's 23.5% year-over-year drop that signified the "low point" of the decline. In was also improved from July's 14.1% fall. In its latest "Premium Travel Monitor" release, IATA said the sharp drop in premium fares also receded in August. They fell 18%, substantially improved over the 27% April decrease that was the "low" in the premium fare decline. "The recovery of [the premium] market ...

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