Traveler Choice Dominates Corporate Bookings
Survey shows traveler satisfaction influences air travel policies
Airports Council International (ACI) World reported global passenger traffic grew by 6.6% in February on a year-on-year basis. This growth is in line with the 12-month rolling average of global growth which has also been recorded as +6.6%.
In February 2018, the reporting carriers canceled 1.7 percent of their scheduled domestic flights, slightly up from the 1.5 percent cancellation rate posted in February 2017, but an improvement over the 3.0 percent rate in January 2018.
Virtually all source markets reported higher tourism spending in 2017, reflecting continued strong demand for international tourism across all world regions. Both emerging and advanced economies fuelled growth, led by the United States which spent US$ 12 billion more on travel abroad.