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U.S. airfares to climb on wings of demand.

Publication: Business Travel News
Publication Date: 11-SEP-06 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Following increases in airfares that persisted throughout much of last year and continued quarter over quarter in 2006, corporate travel buyers can look forward to continued growth in airline expenses for the rest of the year and into next.

While the approaching fall travel lull in leisure travel likely will offer some temporary relief to corporate travel buyers, the long-term outlook, said analysts, heavily favors the airlines.

In a report to clients, BCD Travel Consulting vice president Bob Brindley warned of airfares rising by as much as 6 percent to 10 percent this year, "a trend that will continue for the remainder of 2006 and 2007."

Calyon Securities airline analyst Ray Neidl in a research note issued last month said the industry outlook for the short...

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