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Air Travel Demand to Grow in 2014, Advito Predicts
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By Matt Alderton
June 24, 2014

Global air travel demand will continue to grow during the balance of 2014, according to Advito, BCD Travel’s Atlanta-based travel consulting unit, which last week released an update to its “2014 Industry Forecast.”

“Global economic recovery is supporting this growth, but there remains regional variation in the strength of demand and in the airlines’ response to it,” the company said in a press release.

According to Advito’s latest forecast, airfares are holding steady in North America due to “only slight growth in demand” and “little new capacity added.” Specifically, it predicts that intercontinental business and economy fares will rise by 1 percent this year and economy fares by 2 percent, despite increased competition due to transcontinental expansion by JetBlue and Virgin America. Re…………… continues on Successful Meetings

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