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Biz fares ready to rise?

Publication: Business Travel News
Publication Date: 20-OCT-03 		Format: Online - approximately 932 words
Delivery: Immediate Online Access

Article Excerpt
Business fares have been heading south for most of the year as major airlines try to stimulate business travel demand, but there is growing anticipation that corporate buyers will face higher airfares in 2004. As airlines adjust capacity levels and corporations increase travel volumes in an improving economy, many industry, experts predict the nation's major airlines finally will rediscover a profitable pricing formula. Meanwhile, despite recent sales, leisure-oriented fares--increasingly popular with corporate travelers,--also have been on the rise.

For now, however, business fares continue to decline. According to analysts from Deutsche Bank and Harrell Associates, the average business fare for the week of Oct. 13 dropped 5 percent year over year, similar to fare decreases observed for many consecutive weeks.

Delta Air Lines showed the biggest decline, down 20 percent overall. Business fares declined by double digits in...

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