Air fares taking different cost routes
29 August 2012
Economy air fares to UK and European destinations are falling and business-class fares are rising. But fares in both classes to the US and Far East are climbing, according to travel management company BTI UK.
A presentation at BTI UK’s client conference in London showed short-haul business and economy fares are diverging for a second consecutive year. Pressure from low-cost carriers means the average price paid by BTI UK clients for a domestic economy flight has fallen from £209 to £195 since 2003, while a business-class ticket has risen £12 to £266.
In contrast,...