A UN official has said that he expects people to keep flying because the tourism sector is not especially vulnerable to the effects of the credit crunch.
Francesco Frangialli, secretary general of the UN World Tourism Organisation (WTO), said that people across the world were still buying flights, despite the effects of the global credit crunch.
"Experience teaches us that tourism is resilient. The need to go on trips, to take holidays, is too strong in our post-industrial societies," he said.
Mr Frangialli added that the travel industry was continuing to flourish despite the impending recession in western Europe.
Cheap flights carriers are doing especially well, as more people opt for budget travel due to escalating fuel prices.
Flight operators reported a surge in sales last winter, despite the downturn of the economy. Research from Mintel revealed that foreign trips are no longer the first thing to be cut back on during testing economic times, which is good news for European carriers.