No fare stabilisation until end of 2001_3
18 July 2012
Travel purchasers will have to wait until the end of the year for escalating corporate air fares to stabilise, a leading travel consultancy has warned.
The quarterly American Express Corporate Travel Index says business class fares with airline, flight time or travel date restrictions are rising more rapidly than premium, more flexible, business fares. Restricted business class prices have grown by 46 per cent annually, signalling to travel managers that the scope for such cost-cutting is not as wide as once hoped....