IATA issues June premium and economy travel reports

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