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Iata: premium travel continue steep decline
Thursday, 19 February 2009

IATA’s premium traffic results for December 2008 show that passengers travelling on premium tickets continued a steep decline.

Passenger numbers on premium tickets dropped to a level 13,3% lower than the previous year. According to Iata, this fall has been driven by the abrupt decline in business activity and international trade across the world.

The results show that economy travel has experienced a lesser decline, with number travelling on these tickets during December down 5,3%. This is slightly less than the 6% decline in November.

Iata, however, said that leisure trips at this time of year might well have been pre-booked before the full extent of the recession was apparent, so an accelerated fall in economy travel numbers should be expected in January figures.

According to the results, Africa was the only region continuing to show some signs of travel growth in December. Within the continent premium travel expanded 11,8%.

Forecasts suggest that economic growth in both North Africa and sub-Saharan Africa will slow from last year’s 5%+, but at 3-4% that still may generate some air travel within the continent.

However, travel on the Africa-Europe and Africa-Asia markets has weakened sharply with premium passenger numbers down 6,6% and 24% respectively.

Jeanette Phillips
(jeanettep@nowmedia.co.za)

By : Travelinfo
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