Boarding Call 🚀

✈️ Passenger traffic is climbing, but the supply is lagging behind. Buckle up, because the pressure on prices is set to continue.

The Growth We’re Seeing: A Double-Edged Sword

Passenger numbers are rising at a pace that outstrips airline capacity. Asia Pacific is leading the charge with a projected 7.3% growth in 2026. North America? Flat. Global buyers, however, are feeling the impact regardless of regional differences.

Insight: The travel boom is here, but it’s not necessarily driven by demand spikes. It's simply a matter of not enough seats to go around.

Takeaway: For corporate travel managers and leisure buyers alike, the pressure on prices is not temporary — it’s structural. Expect higher costs until supply catches up, which may take years.

Asia Pacific: The Growth Engine

With Asia Pacific forecasted to lead in 2026, the region is seeing strong passenger growth. However, the problem is the same everywhere: airlines can’t add enough flights to match the demand. In fact, Asia’s recovery is outpacing new aircraft deliveries.

Insight: Airlines are flying older fleets longer and reducing frequencies to maximize capacity, which in turn inflates prices.

Takeaway: As an international buyer, booking sooner and locking in deals will be crucial to mitigating rising costs in these high-demand regions.

North America: Stagnation Brings Stability — But At A Cost

While North America isn’t seeing the same growth, stagnation has its own consequences. Airlines are running at full capacity, meaning they’re still struggling to meet demand, just without any significant new routes or fleet additions.

Insight: In a market where availability isn’t growing, prices tend to stabilize at a higher level — a situation exacerbated by inflation and operational costs.

Takeaway: For travel buyers, it’s not about avoiding demand surges but managing within a consistently tight market.

Final Approach

We’re not facing a temporary price spike — we’re seeing a prolonged market correction. With passenger traffic increasing and capacity not keeping up, travel costs are in a sustained pressure zone. The next few years will be all about planning smarter, booking earlier, and navigating the volatility of a supply-constrained market.

Manage travel. Don’t just book it.

— Egor Karpovich, Co-Founder, Travel Code

Your Partner in Corporate Travel

Save up to 20% on corporate travel with Travel Code’s powerful tech, no legacy systems, and personal service across flights, hotels, and more. ✈️ 💛

P.S.

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