Airline industry to stabilise, according to American Small Business Travelers Alliance

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Branded NewsletterThe American Small Business Travelers Alliance have revealed that airline ticket prices remain well below rates from several years ago, despite the slight rise in prices in recent months.

ASBTA Vice President Chet Gray commented: “As the airline industry begins to stabilise, there is a greater appetite by the airlines to focus on improving the airline experience and its product offerings. At the same time, the competition in the industry, especially in a healthy environment, will continue to keep prices in check.”

The ASBTA is a national alliance that provides services and functions that focus specifically on the travel needs and interests of small business owners.

Gray offered: “In tough times, it is extremely difficult to invest millions to upgrade airplanes and airport facilities. We see this as a positive sign for business travellers as the airlines begin to again make serving the needs of customers, not the avoidance of bankruptcy, the top priority.”

It was revealed that this is the first time since 2000 that airlines are expected to be profitable industry-wide. Both Southwest Airlines and American Airlines announced fourth quarter profits and profitability in the past year.

Gray continued: “This is a topsy-turvy industry, but critically important to small and medium businesses that rely heavily on airline transportation. As the airline industry turns the corner, we believe the customers could be real winners in the end.”


 
Source = e-Travel Blackboard:: J.T
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