IATA said that while June passenger traffic figures indicated "some stabilization in air travel demand," noting that even the fall in premium demand "moderated," premium revenue "was still declining at a rate close to 40% in June." In a "Premium Travel Monitor" issued yesterday, the organization explained that "the issue now is that this stabilization of passenger numbers is partly being achieved at the expense of much lower yields as airlines seek to boost cash flow by making more cheaper ...

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