ΔΙΕΘΝΗΣ ΕΛΛΗΝΙΚΗ ΗΛΕΚΤΡΟΝΙΚΗ ΕΦΗΜΕΡΙΔΑ ΠΟΙΚΙΛΗΣ ΥΛΗΣ - ΕΔΡΑ: ΑΘΗΝΑ

Ει βούλει καλώς ακούειν, μάθε καλώς λέγειν, μαθών δε καλώς λέγειν, πειρώ καλώς πράττειν, και ούτω καρπώση το καλώς ακούειν. (Επίκτητος)

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Δευτέρα 25 Μαρτίου 2013

Growth in premium air travel slowed in January


IATA announced its assessment of premium and economy travel in January.
Here are the key points:
Growth in premium travel slowed in January, up 3.3% year-on-year but down on the December result of 4.5%;
Economy class passenger numbers were up 2.9% in January year-on-year, also a slowdown on December growth of 4.2%;
The timing of the Chinese New Year had some impact on the year-on-year comparisons, but not much overall;
The seasonally adjusted trend weakened in January in both premium and economy markets;
The decline could be month-on-month volatility, but a longer-term view of the trend suggests otherwise;
Over the past 6 months, premium and economy passenger numbers have been increasing at just 2-3%;
Weakness in the growth trend is not widespread though, it is largely isolated to markets connected to Europe;
Premium travel within Europe contracted 0.5% in January year-on-year and the North Atlantic market was flat;
Emerging markets, particularly those linked to Asia, are the source of growth in premium travel;
Current levels of business confidence point to moderate growth in the months ahead;
But with developing economies continuing to show weakness, downside risks for air travel demand remain a factor.
Hussein Dabbas as Regional Vice President for the Middle East and North Africa (MENA), said, “Today’s premium traffic numbers show the continuing strength of the Middle East as a driver of business air travel. For example, growth in January on the Africa- Middle East routes was 10.9% and from Europe it was 7.3%, compared to January 2012. This compares with overall global growth of only 3.3% over the same period. With international business confidence strengthening in recent surveys, this is a good sign of even more robust growth to come.”