|
Article Excerpt Emboldened by detailed and timely data on contract performance and driven by economic necessity, the nation's largest airlines are taking a tougher stance in their dealings with corporate clients. In addition to withholding discounts on lower bucket fares and cutting out certain soft-dollar perks, carriers more than ever are being selective about corporate bids, holding down discount levels, modifying contracts midstream and occasionally canceling contracts outright.
These tactics are not new to corporate travel negotiators but nowadays have more teeth behind them. Financially troubled carriers are less likely to give favorable deals based solely on long-term relationships. Under fiscal and competitive duress, they are more likely to practice what they have been preaching for years. Buyers, however, can stand firm, provided they can maintain control over corporate travel purchasing patterns, manage multiple contract terms and carefully use low-cost alternatives.
Using such systems as those furnished by Prism Group for data aggregation and contract modeling for more than one year, four of the six top airlines now have the ammunition to hold clients accountable. Prism said it is processing data on more than 5,200 companies on behalf of the airlines.
"What...
|
|

More articles from Business Travel News
Midsize hotels join forces., March 29, 2004 Raindance begins integrated mtg. conferencing., March 29, 2004
Looking for additional articles?
Search our database of over 3 million articles.
Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication
name or publication date.
About Goliath
Whether you're looking for sales prospects, competitive information, company
analysis or best practices in managing your organization,
Goliath can help you meet your business needs.
Our extensive business information databases empower business
professionals with both the breadth and depth of credible,
authoritative information they need to support their business
goals. Whether it be strategic planning, sales prospecting,
company research or defining management best practices -
Goliath is your leading source for accurate information.
|
|