The latest Global Travel Price Outlook report was released last month by the Global Business Travel Association, and there’s good news: Worldwide, airfares will rise only about 2.5 percent on average in 2017. In some parts of the world where there are lower fuel prices, those fares could fall. Airline passengers in North America are projected to see the biggest increases, the report says. Travelers may pay about 3.7 percent more to fly next year because airlines are slowing down their growth and focusing on expansion on the most lucrative international and high traffic routes. That means fewer seats overall and higher fares. According to the Global Travel Price Outlook report, low-cost carriers are becoming more mainstream, though, and starting to appeal more to business travelers. JetBlue, Virgin America and Southwest are dropping fares on major business travel routes, which should help keep price hikes in check for awhile. Airlines are enhancing quality on business travel routes, too. “Airlines are also standing strongly behind their operational performance with guarantees being offered to corporate customers that offer a financial incentive for the airline to get travelers to their destinations on time, with baggage and minimal service interruptions,” the report says. “The terms of such guarantees and the customers offered them vary, but they have been well received given a long-standing request for service level guarantees in the industry.” The report also says to expect a 1.1 percent fare drop in the Asia Pacific region, a 0.5 percent increase in Western Europe and a 4 percent jump in Eastern Europe. In the Middle East, fares may rise 2 percent and a 2 percent decrease in South and Central America.