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Airfare budgets now more vulnerable to fluctuation.

Publication: Business Travel News
Publication Date: 19-SEP-05 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
Predicting the future of airline pricing is as difficult as ever this year. With high fuel prices continuing to plague the troubled commercial aviation sector, the industry consensus is that upward pressure on airfares will persist throughout the rest of 2005 and into 2006, but the degree and duration of higher prices is anyone's guess.

For many small and midmarket companies that lost the benefits of negotiated discount programs when carriers restructured fare structures and corporate agreements in early 2005, exposure to rising prices will affect next year's budgets. Even larger managed travel programs are susceptible to airfare fluctuations that in the past were more easily mitigated through discount programs and fixed-fare arrangements.

As business travel volumes continue to increase, no one expects carriers to revisit their broad corporate discount strategies, regardless of the published pricing environment. "On the domestic side,...

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