Corporate travel sees increase in economy class bookings

Discussion in 'General Discussion | Travel' started by sobore, Sep 9, 2013.  |  Print Topic

  1. sobore
    Original Member

    sobore Gold Member

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    http://www.citmagazine.com/article/1211010/corporate-travel-sees-increase-economy-class-bookings

    Capita Travel and Events has reported a 9% year-on-year increase in long-haul economy class bookings, corresponding with a 9% drop in business class bookings.

    Capita Travel and Events attributes the movement from business class to economy to the tightening of travel policies, as clients look to reduce the overall cost of air travel.

    Such policy changes include a total ban on business class travel or the introduction of a minimum flight duration before business class is approved; anything under this cut-off must be booked in economy.
    Capita Travel and Events says it supports any policy change recommendations by providing suggestions to encourage acceptance and behavioural change amongst travellers.

    Read More: http://www.citmagazine.com/article/1211010/corporate-travel-sees-increase-economy-class-bookings
     
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  2. uggboy
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    uggboy Gold Member

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    Business = Economy. No surprise IMHO.
     
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  3. Mirror74

    Mirror74 Gold Member

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    Maybe its a good time for Prem Y products... as more and more C travellers seem to choose Y, maybe some part of this bulk of people would choose Prem Y, if there would be one...
     
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  4. moongoddess

    moongoddess Silver Member

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    Somehow these results don't surprise me. Money's tight these days. Certainly the idea of setting a minimum flight duration before allowing booking in C is something I could see being adopted as standard policy without having much of a deleterious effect on employee performance.
     
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  5. Most airlines have increased their full J fares also possibly bending corporate budgets too much. premium Y does appear to be the answer.
     
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  6. bachelorarbeit

    bachelorarbeit Member

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    Expect business class bookings to go up in the upcoming years due to the development in emerging markets. Good article though. Thanks for sharing!
     
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  7. vickers

    vickers Gold Member

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    In my company, you can book business class on any flight over 8 hours (give or take) Other than that, its economy. However, we can book Amtrak Business Class. Win!
     
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  8. viguera
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    viguera Gold Member

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    Most of the financials where I've worked seem to have a similar policy. It used to be J for around 6 hours with no questions asked, and everyone was riding the gravy train until the wheels fell off. When the world blew up everything stopped, then it was J "with proper approvals" and now it seems to be a little less restrictive, but it's still not as it was before.
     
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