In response to these continued increases, corporations will begin to investigate air travel alternatives. Look for increased activity in the area of fractional or all-out ownership of corporate aircraft to serve frequently traveled markets.
Charters wilt remain a viable option to curb price increases and regulate fare levels.
Despite their cost advantage, small niche carriers are finding it difficult to compete against large airlines. As a result, some small carriers will file for bankruptcy and cease operations. These all-time high rates may force a downward shift in corporate policy toward less expensive properties. As companies search for alternatives to keep costs down, they will begin to consider corporate housing in frequently visited cities or may choose to buy a block of hotel rooms at a discounted rate. If hotel rates continue to skyrocket, took for changes in company policies favoring one-day trips versus overnight stays, when possible.