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Thursday 16 October 2014

Business Travelers to U.S. are Fast-Growing Segment, Says TrustFares

A recent study has said that business travelers are traveling to the United States in a big way and has of late become a fast-growing segment. This trend in the global market is evolving with many international carriers flying more often directly to the big-city airports in the interior of the U.S., instead of flying only to the coasts. This is going to expand further.



The study said that U.S. cities such as New Orleans, Indianapolis, Cincinnati, Kansas City and Memphis are expected to attract foreign carriers to provide direct flights services within the next three to five years. These cities have greater chances of direct service from international carriers because of the good interstate highway access in industrial bases with important global businesses.

According to the study, nearly 15 percent fewer commercial flights would be conducting operations in 2014 when compared with 2007. Fares would show an upward trend. The availability of seats would be scarce and strongly felt. The seat availability would decline by 7.8 percent this year.

The study also said that many U.S. carriers are showing strong profitability, with the revenue earnings reaching $3.8 billion in the first half of 2014, when compared to the earnings of $1.6 billion during the same period in 2013. The study further indicated that despite the decline in services many airlines will be operating their full capacity, but are highly unlikely to make significant upgrades or improvements.

Media reports quoting the study said that American Airlines Reservations, Delta Airlines Reservations and United Airlines reservations together account for slightly over 25 percent of passengers on their direct or indirect international traffic network.

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