Business Standard
Tuesday, Feb 14, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

Business class air travel still depressed
Mihir Mishra / New Delhi Sep 28, 2009, 00:07 IST

There is no reversal apparent in the big dip in numbers of air passengers travelling business class.

“The (number of ) people flying business class has seen a decline of over 40 per cent in the domestic routes and 20 per cent internationally,” said Ajay Prakash, general secretary, Travel Agents Federation of India.

Data from Cleartrip.com, a portal for ticket and hotel bookings, shows the occupancy rate for business class seats in the domestic sector has come down 50 per cent.

Corporate travel has not picked up after the economic slowdown and even the government has resorted to austerity. Also, airlines have cut capacity and are getting into more and more low-cost models, Prakash said.

An official with Cox and Kings’, the travel group, said business travel this year is down compared with last year, due to the recession.

“Overall business class travel, including domestic and international, is down. Corporate travel is down badly due to the downturn and swine flu. But the future looks a bit better,” said an official of Thomas Cook, a travel agency with international presence.

There is a general agreement that international business class travel has been hit much more than the domestic one.

Air India, Kingfisher Airlines and Jet Airways are the three Indian full-service carriers which provide business class accommodation. But of late, all three are planning to get more and more into the low-cost model. The national carrier is to run its low-cost service, Air India Express, in the domestic sector from next month. Jet and Kingfisher are concentrating more on their respective low-cost versions, Jetlite and Kingfisher Red.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Wall Street opens higher on Greek deal
- Oil cos seek compensation for losses on petrol
- Centre for 6% road tax on cars, two-wheelers
- RBI raises bank rate to 9.5%
- Axis Bank reappoints Shikha Sharma as Managing Director
  Read Business news in 
- Now property search gets more exciting than ever before!
- High Growth Business Opportunities in Africa - Register to explore
- Save over Rs.3000 with IndianOil Citibank Card
- We live for our family. have you secured them?
- Are You Serious About Your Future? Click here to know more
- Financial Learning now made easier and more convenient.
- India's No. 1 Property Site. Click here to know more..
- Get 5% cashback on telephone bills with Citi
- Exim Bank Conclave on India - Africa Project Partnership. Know more..
- Be part of it The World's Largest Aircraft.
- Creating Wealth made simple the SIP way. Know more..
- Only Developer to give a guarantee on time space & rate.
- Office 365 for professionals and small businesses.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Win a Business Class Ticket to Europe..Know more..
-  Introduce a New Automotive Luxury Car.. know more
- Health is Wealth..... Insurance + Savings... Know More...
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- Shiv Sena, MNS to charm young voters this V-Day
- Vanita Kohli-Khandekar: The halo around the internet
- CM finds supporter in Cong leader, Kharge
- A K Bhattacharya: Regulating the regulators
- V S MAhesh: Step-mothering services
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us