Tag: Travel
Airline executives concerned about security, fragile economies, not oil prices
Airline CEOs to discuss CO2 emissions By Victoria Bryan BERLIN, May 30 (Reuters) – Air passenger demand in April rose at its slowest rate since January 2015, weighed by the March attacks on Brussels airport and highlighting safety as one of the main challenges facing top airline executives meeting this week. While airlines are enjoying […]
Global passenger travel reached nearly 24 trillion passenger miles in 2012
700 billion passenger travel miles annually by rail each for China and India According to the U.S Energy Information Administration, global passenger travel by light-duty vehicles, bus, rail, and two- and three-wheeled vehicles reached nearly 24 trillion passenger miles in 2012 (the most recent year with detailed international travel statistics). In 2012, the average person traveled […]
Global airfares expected to fall further in 2016 on lower fuel prices: IATA
Airfares dropped about 12 per cent in 2015 MONTREAL _ Air travellers should see further dips in fares this year after sizeable drops in 2015 as lower fuel prices are passed along to consumers, according to a leading industry association. The International Air Transport Association says average airfares around the world as reported in U.S. […]
Gasoline consumption well below 2007 peak despite increase in travel
Improvements in light-duty vehicle fuel economy largely responsible for lower gasoline demande Based on US Energy Information Administration estimates in the most recent Short-Term Energy Outlook (STEO), vehicle travel in the United States in 2015 was almost 4 per cent above its 2007 level, but motor gasoline consumption has not exceeded its previous peak in 2007. STEO forecasts motor […]
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