The strong recovery in air travel is beginning to slow down, as advances in the economy begin to level off, but with an expansion in business travel continuing to move ahead of in economy class, the airline industry association IATA (International Air Transport Association) said this week.
The report indicates that slower year-on-year growth in August than shown in recent months was in part due to the big increase in August 2009, when the post-recession rebound took hold.
But there was a fall of between 1 to 1.5 percent between July and August in the seasonally-adjusted number of passengers travelling in both premium and economy seats, IATA said.
The number of passengers travelling in business or first class in August was 9.1 percent higher than a year earlier, against a 13.8 percent year-on-year increase recorded in July.
Numbers at the back of the plane were up 6.2 percent, down from 8.8 percent in July.
The IATA, whose 230 members include air carriers Lufthansa, Air Canada and Singapore Airlines, says demand for premium travel has now risen 17 percent above its dismal 2009 low, but 99 percent—virtually all–of that rebound occurred by the end of the first quarter of this year.