Asia-Pacific air fares to fall
Air fares in Asia-Pacific are expected to fall by 1.1% next year against a 2.5% rise in global rates seen in the period. The most significant drops in the region are expected to take place in Japan and Singapore, by 2.8% and 5.5%, respectively, given currency exchange rate projections. These findings come from the 2017 Global Travel Price Outlook research by the GBTA Foundation, the education and research arm of the Global Business Travel Association, and leading travel management company Carlson Wagonlit Travel.
