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Global fare forecast brings good news for business travellers


first_imgBusiness airfares in the US and Canada are expected to fall next year while ticket prices in Europe and the Asia-Pacific will stay largely flat, according to the latest prediction by American Express Global Business travel.But the annual forecast by the corporate travel manager warns business travellers using economy class to expect rising charges for extras as airlines try to boost revenue through ancillary fees.Amex sees the shifting geopolitical landscape, overcapacity and fierce competition generally keeping a lid on fare growth after limited increases in 2016.“The business travel outlook for next year looked to be similarly subdued with flat to moderate rate increases expected globally across air, hotel and ground transportation,’’ the forecast says.While demand for global air travel remains at a record high, Amex predicts persistently low fuel prices and strong competition will help keep airline fares in check.In North America, overcapacity is combining with fierce competition between legacy carriers and low-cost airlines on heavily travelled routes to produce fare decreases.The forecast predicts US short-haul economy fares will fall by about 3 per cent while international  business fares in the market will fall by about 1.5 per cent. Canada is expected to see a fall of 3.8 per cent on short hall economy flights and 3 per cent on long-haul business.“However, lower fares will be offset by higher ancillary fees as airlines continue to look for new sources of revenue,’’ it says.Flyers in Latin America will also see moderate falls in airfares with Argentina topping the short-haul economy table with a reduction of about 6.5  per cent followed by Brazil at 4 per cent.The forecast expects European fares to stay level with 2016 as airlines face significant headwinds because of the lacklustre economy, security concerns, continued aggressive expansion by low-cost carriers  and pressure from Gulf carrier.Countries expected to see rises include Germany , up 3 per cent in short-haul economy and 1.5 per cent in international  business,  and Poland, up 4 per cent in economy and 3 per cent in business.Fares in the UK are expected to fall 2 per cent on short-haul economy routes and 3 per cent in international business despite the impact of Brexit in devaluing the currency.Business fares in the United Arab Emirates are expected to remain flat on international routes.There will also be only limited growth in the Asia-pacific with Australian business fares showing no growth on international routes  and just 0.3 per cent in short-haul  economy and Singapore expecting a 1 per cent fall in business fares.There is no growth expected for Japan and the massive China market should see a 1.5 per cent rise in short-haul economy fares and just 0.8 per cent international business despite surging demand.  Business fare growth in another fast growing market, India, will also be small.“Airfares will stay flat across much of the Asia-Pacific region, with slight increases depending on route and fare class,’’ the forecast says. “Despite high demand and relative political stability, overcapacity is keeping rates in check.’’last_img read more


Can You Learn to Be Creative at Work?


first_imgThink about the most successful people in your office. Who always has the best ideas? Who knows just how to navigate difficult conversations? What do those people have in common?Chances are good that the best and brightest workers at your company are also the most creative ones. Contrary to popular belief, though, most creative people aren’t born that way. Creativity is a skill just like any other, which means even the least creative person can learn to see the world in a new light.Ambitious professionals should be more concerned about creative growth than most. Creativity is a vital component of professional success. People who expand their horizons climb the ladder, while those who fail to grow also fail to achieve or innovate.Whether you earned a degree in art or struggle with stick figures, you can learn to be a more creative person by adopting a few new habits:1. Establish a creative process.Productive creatives know that great works of art don’t appear out of thin air. By following a creative process, they plan, produce, and improve their work until it’s ready to be shown the world. While you might assume that everyone’s process is unique, one of the season’s best books on creativity claims otherwise. While writing “The Creative Curve,” big data entrepreneur Allen Gannett discovered that essentially every creative process shares four stages: consumption, imitation, community, and iteration. Through interviews with creators ranging from Ben & Jerry’s co-founder Jerry Greenfield to musician D. A. Wallach, Gannett shows that close adherence to that process, not “genius,” is critical for creative success. 2. Get away from the everyday.When you stare at the same desk five days a week, you don’t have a lot of creative inspiration available. Take a vacation to break up the routine of work and provide your mind with the fresh canvas it deserves. That doesn’t mean answering emails from a beach instead of a cubicle — it means unplugging from the office entirely.Sadly, 41 percent of Americans check in with work while away. You can’t experience new things if you never truly leave the old ones. Leave your laptop at home, and detach your company email from your smartphone. Even if you only take a long weekend, the time you spend away from work will do wonders for your creative health.3. Externalize your internal thoughts.Ever come up with a brilliant idea and forget it five minutes later? Human brains are incredibly powerful tools, but they can’t do it alone. Buy a journal or a sketchbook, then keep it on hand to jot down thoughts as they come up.Journaling helps unlock the creative thoughts that exist just outside your conscious perception. The more you write, the more you’ll find in your head than you realized. Don’t replace old-school pen and paper with a tablet or keyboard, though. Research shows that people who physically write down notes get more from the practice than those who type.4. Learn something that has nothing to do with work.Sometimes, the way to get better at work is to learn something with no practical application at the office. Take a class in something completely unrelated to your field to get your creative juices flowing. Just like reading books, taking classes taught by experts is a shortcut to knowledge you couldn’t acquire on your own.You could take a class on creativity, but your options aren’t limited to creative fields. Rather than set out with a specific professional goal, pick an unfamiliar area that interests you and dive in. Masterclass, for instance, lets students learn cooking from Gordon Ramsay or tennis from Serena Williams. What you learn is less important than the act of learning itself.5. Break the digital chains.From the desktop PC to the smartphone at home, glowing rectangles rule modern life. Combined research from a variety of sources concludes that the average person today spends more than four hours per day on a smartphone. Add work to the mix, and total screen time skyrockets.Screens aren’t all bad, but the world has more to offer than a digital alternative. Be conscious about when and why you use digital devices. If you find yourself whipping out your phone during every break, use that time to take a walk around the office, grab some water, or chat with a colleague. The more diverse experiences you provide your brain, the more intellectual energy you’ll have when you need it.6. Schedule creativity on your calendar.These tips can all make you a more creative person, but if you don’t make time to practice them, you won’t see the benefits. Put creativity on your calendar to establish your new habits.When your schedule is tight, incorporate creative time in other activities. Bring your journal to lunch and write about your day so far, your plans, or whatever comes to mind. Schedule vacations and breaks ahead of time so you can relax without worrying about work. At home, set aside 30 minutes a night (or whatever works for you) to read a new book or take the next lesson in your class. Following a routine might not sound very creative, but by doing so, you set the foundations for a new mindset. The more you invest in your creative development, the more you’ll find yourself contributing new ideas and discovering better solutions at work. Before long, people will start to tell you how lucky you are to have a naturally creative mind. Tags:#creativity#innovation#work habits Brad AndersonEditor In Chief at ReadWrite Massive Non-Desk Workforce is an Opportunity fo… Related Posts Brad is the editor overseeing contributed content at ReadWrite.com. He previously worked as an editor at PayPal and Crunchbase. You can reach him at brad at readwrite.com. 3 Areas of Your Business that Need Tech Now Cognitive Automation is the Immediate Future of… IT + Project Management: A Love Affairlast_img read more


‘If Muslims of India succeed, the country will succeed’


first_img“If 200 million Muslims of India succeed, India will succeed. So rather than getting filled with bigotry and hatred, we should try to bring people together and provide them an equal economic opportunity,” said Frank Islam, noted Indo-American entrepreneur and philanthropist.Speaking to The Hindu ahead of participating in the 202nd Sir Syed Day event at AMU as the chief guest on Thursday, the celebrated alumnus of the university said: “One nation under God is acceptable but not one nation under one religion and one language. That is not part of the secular ethos of the country. When you attack one set of people because of who they are, you attack the composite culture of India.” He said India was a “global beacon” for democracy and “we have to keep that momentum alive”.The head of FI Investment Group said he was not an expert on Islam but Islamic faith always had people who were entrepreneurs. “I am here to provide a connection between AMU and entrepreneurship. The students should go out and get jobs, create jobs and make a cha-nge in people’s lives. That’s what Sir Syed’s vision was.”He appealed to the Muslim youth to keep their chin high, aim high and work hard. “If you are good at something, people recognise your talent and give you opportunities. Don’t be afraid of hostility or get disheartened by prejudices; it probably happens in every country… There are Muslims who can’t afford good education. It is where people like me have a role to play,” said Mr. Islam who has funded the construction of an auditorium in the mass communication department and an entrepreneurship centre in the department of business administration in AMU.Modern educationOn the need for imparting modern education, Mr Islam said madrasas have to rework their curriculum to train youngsters for the 21st-century workforce. “I have always said reciting Koran is a very good thing, and one should do that, but it is not going to get you a job.”Aked about Prime Minister Narendra Modi’s recent visit to the U.S., Mr. Islam said he was able to capture the pulse of the Indian-American population. He added that there were protesters wherever Mr. Modi went but their number was much less than those who turned up to cheer for him.last_img read more