Airline Suppliers Regain Pricing Power over Business Travelers
As airfare rates tick up and discounts disappear, companies must be more aggressive in seeking best rates, American Express Business Travel warns
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Christa Degnan Manning
Fuller Planes, Better Profits
Year-over-year Mid-year International Airfare: Increased 8 percent
- Mid-Year 2010 Average International Airfare Paid — $1,768
- Q1 2010 Average International Airfare Paid — $1,726
- Q2 2010 Average International Airfare Paid — $1,810
- Mid-Year 2009 Average International Airfare Paid — $1,642
- Mid-Year 2008 Average International Airfare Paid — $1,946
Year-over-year Mid-year US Domestic Airfare: Increased 9 percent
- Mid-year 2010 Average Domestic Airfare Paid — $233
- Q1 2010 Average Domestic Airfare Paid — $225
- Q2 2010 Average Domestic Airfare Paid — $240
- Mid-year 2009 Average Domestic Airfare Paid — $213
- Mid-year 2008 Average Domestic Airfare Paid — $247
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- Mid-year 2010 International Business Class — 41 percent
- Mid-year 2009 International Business Class — 38 percent
- Mid-year 2008 International Business Class — 50 percent
International Destinations Show Uptick
Hotel
Year-over-Year Mid-year International Booked Hotel Rates: Decreased 2 percent
- Mid-year Average International Booked Rates Paid — $230
- Q1 2010 Average International Booked Rates Paid — $228
- Q2 2010 Average International Booked Rates Paid — $232
- Mid-year 2009 Average International Booked Rates Paid — $235
- Mid-year 2008 Average International Booked Rates Paid — $267
Year-over-year Mid-year Domestic Booked Hotel Rates: Decreased 2 percent
- Mid-year 2010 Average Domestic Booked Rates Paid — $149
- Q1 2010 Average Domestic Booked Rates Paid — $146
- Q2 2010 Average Domestic Booked Rates Paid — $151
- Mid-year 2009 Average Domestic Booked Rates Paid — $152
- Mid-year 2008 Average Domestic Booked Rates Paid — $151
