global premium airline traffic in October declined 6.9 percent versus a year earlier

The International Air Transport Association said , the fifth consecutive month of slowing global premium volumes. The key North Atlantic market experienced a 4.6 percent monthly decline in premium travel. Through the first 10 months of 2008, global premium traffic declined 1 percent. IATA said "early indications for November" had pointed to "further large declines in business travel and premium revenues."