WASHINGTON—Strength in premium yield and strong ancillary revenue sales helped global airlines offset a decline in base fare yields, IATA data show. Base fares in February were down 4% in seasonally adjusted terms compared to a year ago, IATA said in its latest Airlines Financial Monitor update. This despite a slight uptick compared to January 2019’s figures. Premium yields rose in early 2018 to help offset rising fuel costs. They have come down in recent months, but are not ...

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