>destination tips travel > Premium Travel Picked Up In July, IATA Says - Forbes

Premium Travel Picked Up In July, IATA Says - Forbes

Posted on Monday, September 19, 2011 by destination tips travel

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U.S. Equities

MarketNewsVideo.com , 09.19.11, 01:30 PM EDT

The International Air Transport Association said premium travel grew stronger in July. Passengers traveling in premium seats rose 7.

The International Air Transport Association said premium travel grew stronger in July. Passengers traveling in premium seats rose 7.5% in July over July 2010. Economy travel grew by 5.5% compared to July 2010. The gains are on top of a 6.4% year-over-year increase in premium travel in June, and a 4.8% increase in economy travel. The IATA noted that while premium travel is still 6% behind its pre-recession peak, economy travel is 6% above its corresponding levels.

The Guggenheim Airline ETF, with international and US-listed airlines, is trading flat Monday, with top stocks Southwest Airlines ( LUV - news - people ) , United Continental ( UAL - news - people ) and Delta Air Lines ( DAL - news - people ) .

The Airline Shares ETF is also trading flat.

Market News Video produces and distributes online videos about stocks and investing.

20 Sep, 2011


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Source: http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNHvHgBs40WCloNn--jafXg95cXDLQ&url=http://www.forbes.com/2011/09/19/iata-says-premium-travel-rose-in-july-marketnewsvideo.html
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