global premium airline traffic in June dropped 21 percent versus a year earlier

The International Air Transport Association said , the 13th consecutive month of declining first- and business-class volumes but the smallest drop-off in three months. "There was also some evidence that more stable Q2 economic conditions in the U.S. and Europe began to influence travel," IATA wrote, noting a 13.9 percent reduction in premium travelers crossing the North Atlantic and a 3.5 percent drop in all travelers on those routes.