Fuel for Travel

Read in the Globe and Mail paper in Canada this morning about the state of travel in Canada. It seems that the rapid rise of fuel prices still isn’t squashing travel. Air Canada’s load factor for May rose from 78.5% last year to 79.9% this year. Industry officials expect a rise of travel to Asia from Canada to go up to between 20% to 30% this year. The downside is visitors from the US have declined by 13.9%. The concern is that 85% of Americans travel by car to Canada. With gas prices rising the border hop has dropped. I wonder about the opposite hop to the US. The best part of the article however a quote by the writer Laszlo Buhasz, “If consumers really want to travel, they’ll adjust one or two pieces of the equation to get a total price they can afford.” Keep hopping!