Spiralling oil prices could be bad news for Canadian travellers, and it may only be a matter of time before higher costs are passed on to consumers. Given the current cost of fuel, “we will be looking at a surcharge of some sort when current contracts and futures are over , in all modes of transportation , air , cruise and ground,” said Martin Firestone, head of Toronto-based Travel Secure. Firestone said companies that ship cars home for Canadians have jacked up rates by $150 per car. “We can only speculate when this will trickle down to fuel Read more
fuel prices
International airline traffic could surpass pre-COVID levels by 2024, a new study says. The International Air Transport Association (IATA) is projecting that overall traveller numbers will hit 4 billion in 2024, which would put it at 103% of 2019’s total. “The trajectory for the recovery in passenger numbers from COVID-19 was not changed by the omicron variant,” said IATA’s Director General, Willie Walsh. “People want to travel. And when travel restrictions are lifted, they return to the skies. “There is still a long way to go to reach a normal state of affairs, but the forecast for the evolution in Read more
