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Business Travelers Return To The Skies After A Lon  
User currently offlineserpico From United States of America, joined Mar 2010, 2 posts, RR: 0
Posted (6 years 2 months 2 days 17 hours ago) and read 3025 times:

After plummeting 10% last year, spending on corporate air travel is rebounding. American Express Business Travel predicts a 1% jump this year, the first rise in three years. Local travel consultants and corporate travel managers are more bullish, forecasting increases of 5%.


1 replies: All unread, jump to last
User currently offlinelightsaber From United States of America, joined Jan 2005, 15638 posts, RR: 100
Reply 1, posted (6 years 2 months 2 days 14 hours ago) and read 2809 times:

Quoting serpico (Thread starter):
American Express Business Travel predicts a 1% jump this year, the first rise in three years.

Let's see... revenue has plummeted close to 50% for premium traffic over three years and a 1% return is a 'jump?' Even a 5% revenue increase isn't a jump. It is a life preserver thrown to a Titanic survivor still stuck in very cold water.

Oh, it is good to see we're coming off the revenue bottom. But 1% will not even match inflation. 5% would be ok if yeilds were not as low as they are. A recovery needs revenue growth of 8% or more per year. I think we'll see that by 2012, but not in 2010. The question is, how will 2011 look?


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