2017 Global Air Travel Outlook: Expedia and Airlin
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Posted On: 03/14/2017 5:22:32 PM
2017 Global Air Travel Outlook: Expedia and Airlines Reporting Corporation Release Report on Worldwide Air Travel Trends and Pricing
https://viewfinder.expedia.com/news/2017-glob...s-pricing/
IMO, some highlights I found:
https://viewfinder.expedia.com/news/2017-glob...s-pricing/
IMO, some highlights I found:
Quote:
Expedia, Inc. (NASDAQ: EXPE), in partnership with Airlines Reporting Corporation (ARC) and other industry sources, today released a comprehensive study of worldwide air travel trends: New Heights for Air Travel. Expedia and ARC together conducted an original analysis of billions of data points to spot trends that the modern traveler can use to book with intelligence in 2017.
Collectively, New Heights for Air Travel reveals that two factors – falling ticket prices and surging capacity – suggest that 2017 could be a banner year for travelers taking to the skies, with more options to fly to more destinations for lower prices .
Quote:
According to the International Air Transport Association, as well as ARC, air capacity is up about 5 percent globally, which means more airlines are flying more planes to more destinations. In most boom cycles, overall growth typically comes in somewhere around 3 percent
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