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23 APR 2010 |
The first AirPlus Business Travel Index after airspace closing
Posted in Facts and Figures by Florian Gränzdörffer
European business travelers buy 50 percent more train tickets. Cancellation rate for business flights increased tenfold. Flight bookings remain virtually unaffected by the ash cloud. Due to the closing-off of airspace following the volcano eruption in Iceland, European business travelers have mainly resorted to the railways. At the peak of the crisis at the beginning of this week, the number of booked train tickets was fifty percent above regular volumes. These days, cancellations of flight tickets due to airport closings have risen tenfold in comparison to the average. However, the temporary closings had virtually no impact on general flight-ticket booking behavior. It appears that business travelers in Europe do not allow the current interruptions to air traffic to affect their future travel plans. On average, business flights are booked 17 days in advance. The AirPlus Business Travel Index is based on the evaluation of more than 100 million business-travel bookings per year carried out by over 33,000 companies worldwide. Read more
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18 JAN 2010 |
Business Travel 2010: International Travel Managers see the First Quarter with Cautious Optimism // Large Corporations are Growth Drivers
Posted in Facts and Figures by Florian Gränzdörffer
Careful optimism from international travel managers at the beginning of the year: one out of every five expects business travel to increase in the first quarter of 2010; only 15 percent fear a further slump. In comparison, estimates in the same period last year were significantly worse with 35 percent of all travel managers predicting a decrease. These are the results of an expert survey conducted by AirPlus with 338 travel managers in 16 international business-travel markets. Read more
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13 JAN 2010 |
Business-Travel Expenses in Europe: Share of Air-Travel Costs drops below 50 Percent in 2009
Posted in Facts and Figures by Florian Gränzdörffer
Last year, travel managers proved they can work with reduced budgets as a consequence of the global recession. The need to save led many companies to put new emphasis on individual expense blocks for business travel. Even though air travel still accounts for the highest expenses by far, its percentage is no longer above the magic 50-percent threshold. Read more
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