IATA: Global economy and trade uncertainties continue to weigh on business travel

23 January, 2020

IATA reported (21-Jan-2020) Oct-2019 data showed weakness in the global economy and uncertainties related to world trade continued to weigh on business travel, continuing a trend that has been the case since the end of 2018. Premium passenger traffic growth outpaced its economy counterpart only in the North Atlantic and Asia-Southwest Pacific markets. On the revenue side, the largest outperformance of premium fares (vs economy) has continued to be in the North America-South America and within Europe markets. [more - original PR]