These 7 countries will have higher air travel price increases in 2016 – TheLiberal.ie – Our News, Your Views

These 7 countries will have higher air travel price increases in 2016




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The most recent report of the Global Business Travel Association (GBTA) Foundation, the 2016 Global Travel Price Outlook, was released one week ago and it seems like the price of international aire travel is not going to experiment drastic changes next year. However, these sseven destinations were the exception.

Colombia: A growing middle class and economic improvement are arguments to expect an increase of 3%.

Mexico: A bigger demand will translate in prices up to 3% higher.

Singapore: Again, 3% is the number, this time thanks to a less restrictive monetary policy that is attracting new business to the region.

India: Business growth is believed to make air travel to India around 2,6% more expensive in 2016.

China: Huge demand explains an expectation of 2,8% increase.

Australia: Business grow and domestic demand will make for 2,7% more expensive air travel.

Venezuela: The high inflation, low oil prices and a currency that is fixed to the US dollar is a mix that will mean a 6,3% increase in prices for travelling to the South American contry.

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