AIR­FARES ARE RIS­ING FASTER THAN FORE­CAST

The Business Travel Magazine - - The Review -

air­fares are slowly climb­ing in mar­kets with the strong­est de­mand, ac­cord­ing to BCD'S up­date to its 2018 In­dus­try Fore­cast. The travel man­age­ment com­pany says fares have risen more than orig­i­nally pre­dicted in some mar­kets due to the im­proved eco­nomic out­look and ris­ing oil prices.

“In­ter­con­ti­nen­tal econ­omy air­fares will in­crease slightly more than our orig­i­nal fore­cast as the global econ­omy con­tin­ues to strengthen,” says Charuta Fad­nis, BCD Travel’s se­nior di­rec­tor of re­search and an­a­lyt­ics.

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