Premium passenger traffic worldwide grew 6.5% year-over-year in May, exceeding April’s 3.8% growth performance and besting May 2013’s premium travel growth rate by 4.5 points, according to IATA’s May Premium Traffic Monitor. Global economy passenger travel in May grew 4.6% year-over-year, down from April’s 8% surge, but up 0.7 point from May 2013. “The outlook for air travel is positive,” IATA said. “Global business activity is now growing at the ...

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