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A mixed outlook for air capacity
2012 Business Travel Trends
A tough environment for airlines looks set to continue in 2012, with very slight profits across the industry and only cautious increases in capacity - a situation that could quickly switch to declines if the economic context worsens.
Three points are worth watching:
- Overall, globally air capacity is expected to remain flat or slightly increase.
- Strong growth is expected on some international routes
- Cuts will continue on many domestic routes
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next key finding:
Ever more complex travel spend
