IATA has released its report on premium and economy air travel for June. The report demonstrates that growth in the number of international air passengers slowed in June to 2.4%, with first half growth of 3.7%, compared to the same period last year. Most of this ‘year-on-year’ growth took place last year – since December, travel has expanded by just 0.7%. The travel slowdown has been caused by slower world trade growth and a dip in business confidence, however the report also indicates that business confidence has been rising in recent months, pointing to a stronger second half for travel.Travel
This content is restricted to site members.
If you are an existing user, please login below.
New users may register below.