IATA is pleased to annnounce the assessment of premium and economy travel in December.
Key points:
- Broad weakness in key demand drivers resulted in a soft end to 2015 for industry-wide premium-class travel volumes.
- The lack of strong momentum on the demand side means that growth is likely to remain only modest in the near term.
- Nonetheless, premium’s share of revenues is holding up on key routes, providing a buffer for airline financial performance.
