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 ...

Subscribe to Access this Entire Article

"Printer-friendly" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.