Amex: Business Class Airfares Up 15%
Jun 11, 2001, 4:47 am
#1
Original Poster
Join Date: Jun 2000
Location: AA Plt 2-million miler
Posts: 4,258
Amex: Business Class Airfares Up 15%
NEW YORK -- Business class fares for international flights in first quarter 2001 rose 15% over first quarter 2000, according to the American Express Business Travel Monitor. However, American Express found that corporations were paying only 5% more for international business class fares year over year. American Express deduced that carriers were offering competitive discounts to many clients on international routes. In the first quarter, international business class, as a percentage of total international tickets booked by American Express corporate clients, increased to 50%, a 3% year-over-year increase.
