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Growth in premium air travel slows in February

Drop is sharper in Far East, probably due to China slowdown: Iata

Singapore

THE outlook for the premium travel markets is generally positive but the recent slowdown in key economies could dampen further growth, according to the International Air Transport Association (Iata).

In February, growth in the number of passengers travelling in premium seats in international markets eased to 4.1 per cent, down from January's 6.1 per cent.

Weakness was particularly pronounced within the Far East, as growth came in at one per cent year on year in February, versus 7.2 per cent...

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