SOURCE: 1st-Air.Net

July 15, 2011 11:11 ET

1st-Air.Net Reports Overbought Business Class Fares for Summer Travel

NEW YORK, NY--(Marketwire - Jul 15, 2011) - 1st-Air.Net reports overbought conditions for international business and first class travel between the U.S. and Europe this summer. To compensate for an expected decline in business travel during the summer months, most carriers launched business class sale fares at up to 50% off normal sale fares. These fares are aimed at leisure travelers, allowing them to upgrade to the comforts of business class for a fraction of the normal cost.

For example, Star Alliance member United Airlines is offering business class fares between Los Angeles and London from just $2,138 roundtrip plus taxes for travel commencing by September 2nd, 2011. Business class pricing on this route for departures after September 2nd starts at $3,721, an increase of over 74%. The September price increase is timed for the return of the business traveler to commence the fall travel season.

While most carriers offer summer sale fares for business class travel, executing the lowest possible fare type may prove difficult. In anticipation of a slowdown in business travel during the summer, several carriers have oversold these special fares. On select routes, over 50% of the premium class inventory has been allocated for these special summer fares. When business travel is at its peak, leisure oriented sale fares can account for less than 20% of the seat distribution.

Though the increase in seat allotment has made high-end travel more affordable for leisure travelers, overbought conditions have now made them hard to find. The best chances of securing the lowest fare types is to schedule travel commencing in mid August, but before the September 2nd, 2011 deadline. Niche European carriers such as Swiss International may allow a larger percentage of its business class inventory to qualify for its lowest fare type compared with its Star Alliance peers. Swiss International does feature lie flat beds in business class.

For travel to other regions including South America, promotional business class fares are also available
with carriers like TAM Airlines.

Passport Premiere, the international trading and travel club, reports higher premium class fares for travel commencing fall 2011/winter 2012. Carriers have filed higher business class fares in an attempt for business travelers to bid pricing up. Like other commodities, if the market is not willing to pay the current premiums fares may drop as the travel date approaches.

Contact Information

  • Contact:
    Mark Wahlen
    585-383-4470 ext. 4338