Global premium air travel demand weakened in March, growing 1.9% year-over-year, down from February’s 4.1% increase, according to IATA’s March Premium Traffic Monitor. “While the deceleration in growth has occurred in several major economies, the most significant area of weakness has been China,” IATA said. Premium travel within the Far East—which accounts for 12.3% of the total share of the premium traffic market—decreased 2.2% in March. “Almost all ...

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