Business travel is performing better than expected with demand for flights and rail travel on the increase, according to Carlson Wagonlit Travel (CWT). "We had predicted the year to be flat, but we have seen business travel coming back," said Nigel Turner, Director of Public Sector and Industry Affairs, Carlson Wagonlit Travel. According to a report by Linsey McNeill in travelmole.com, as per CWT, overall air and rail transactions were up eight per cent for the first half of 2010; transatlantic flights were up 30 per cent over the first half of last year and long-haul travel was up 22 per cent, but domestic flight transactions were down five per cent.
According to CWT, not only are people flying again, but they are also moving back into the premium cabins. In the second quarter of 2010, its business class bookings were up 40 per cent and long-haul is up 33 per cent. Premium economy is also attracting more demand with bookings through CWT which is up 41 per cent. While domestic and European ticket prices have fallen slightly, |