Robust economic growth is likely to push air fares and hotel rates upwards next year, but forecasters dispute how far risks like the US-China trade war could affect the market. An unpredictable president is making the USA particularly unpredictable for 2019. The outlook is only likely to become clearer once the consequences of the trade dispute with China are better understood. However, CWT forecasts the euro to appreciate 4.8 per cent against the US dollar, which will make visiting the USA che...

From new low-cost long-haul services to the disappearance of well-known European carriers, the global air market is shifting dramatically. What do four key aviation developments mean for corporate travel buyers? Trend 1: Long-haul low-cost carriers Low-cost airlines have thrived on European short-haul routes. But for years conventional wisdom dictated that the budget model would not translate successfully to inter-continental routes. Long-haul aircraft burned too much fuel to be low-cost; and...