IATA SAYS BUSINESS TRAVEL OUTPACING ECONOMY

The strong recovery in air travel is slowing as the growth of the business class travel continues to outpace economy travel, says the International Air Transport Association (IATA). Iata figures suggest that the poor August load figures show the post-recession rebound in aviation has slowed. “There are clear signs now that the post-recession rebound of international air travel is slowing,” says IATA. The number of passengers travelling in business or first class in August was 9.1% higher than a year earlier, against a 13.8% year-on-year rise in July. Economy numbers were up 6.2%, against 8.8% in July, while demand for