Wednesday, January 21, 2009

Business Class Fares Lowered In International Flag Carriers

The travel industry is one of those major industries, been hit hard by the recession. To deal with the crisis times, many international air carriers have lowered their business class fares.

This reduction in the fares has begun quietly and is been adopted by major companies to attract more customers.

Presently the ticket fares for business class are only reduced on popular and long lug roots and might steadily expand into other roots.

If you have booked for a ticket first class or business class ticket for old price in 2008 just before the reduction was announced, don’t worry. They are going to refund you with the excess money you have paid them. But as usual ‘Conditions Apply’.

As this strategy seemed to work, even domestic airfares seemed to lower. And according to a survey by the Bureau of Infrastructure, of Australia, discount domestic airfares hit a 17-year low. These were lowered to around 30 percent of their fares, the previous year.

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