The International Air Transport Association says there was a 23.6% drop in the number of travellers flying on premium tickets between May 2008-09, as companies sought to reduce corporate travel costs in the most effective way possible – flying economy.
However BCD Travel, the world’s third largest corporate travel management company, says there are plenty of other ways companies can significantly reduce their corporate travel costs without subjecting their staff to flights of up to 8-10 hours in economy class.
Among the corporate travel management company’s top tips are:
- Construct a corporate travel policy that will ensure you meet your budget
- Enforce your business travel policy through the use of an Online Booking System with redundant options such as first class travel on short haul flights removed
- Make use of the relatively new ‘premium economy’ class
- Book best fares of the day rather than sticking to one supplier
In 2008-2009, BCD Travel helped its new clients save an average of up to 30% on corporate travel costs, according to an analysis of the travel management company’s top 200 clients.
If you would like a free corporate travel expenditure health check, please contact National Sales Manager, Stephen Finlay on 02 8080 7439 or stephen.finlay@bcdtravel.com.au