BCD Travel says, “Move over, pig: 2019 is the year of the business traveller”

2019 is the year of the pig in the Chinese zodiac—but it’s also the year of the business traveller, says global travel management company BCD…..

Lower oil prices and solid, albeit slower, economic growth will extend and actually grow global airline profits in 2019

The International Air Transport Association (IATA) forecasts the global airline industry net profit to be USD35.5 billion in 2019, slightly ahead of the USD32.3 billion…..

Seeking European arrivals? Outbound market may see growth slowing in 2018, but the 2019 outlook is ‘positive’

While most eyes are on Asia, Europe remains a major outbound market and continues its steady growth despite recent geopolitical instability worldwide, which studies show…..

Russia/CIS fleet expected to nearly double over the next 20 years, with 1,200 deliveries

Often overlooked as a “region” in its own right, the CIS states have been quietly enjoying very solid growth over recent years. This has prompted…..

The changing face of Australian business travel – miles are up, but prices are down

The cost of international travel from Australia is decreasing while the number of miles travelled is increasing, latest data from AirPlus International has revealed. The findings…..

IATA’s revises its latest market forecast as concerns of protectionist measures and trade tariffs leads to minor slowing in its passenger growth outlook

Around 60 million less annual passengers in a global market that could double to 8.2 billion annual passengers by 2037 is just a shallow change…..

BCD Travel sees a small rise in global airfares and hotel accommodation for 2019, but there remains clear sector, class and regional variations

Global hotel rates will increase around the world by between +1% and +3% in 2019 and air fares by between +1%  and +2% in most…..

Travel prices are expected to rise sharply in 2019, driven by a growing global economy and rising oil prices

Travel prices are expected to rise sharply in 2019, with hotels going up 3.7%, and flights 2.6%, driven by a growing global economy and rising…..

Airbus retains some European resolve as Boeing pushes up its aircraft delivery prediction for the next 20 years

Airbus and Boeing both agree that the world’s passenger fleet will more than double to over 48,000 aircraft in 20 years with traffic growing at…..

CAPA’s airline profit outlook – margins high, but below peak, as traffic growth slows and oil price rises

World economic growth was above its long term trend in 2017 for the first time since 2010, and is expected to remain so in 2018……