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Business travel costs surging
Business air travel costs have hit their highest levels in nearly five years as carriers regain pricing power, a survey showed on Tuesday. American Express Business Travel said its survey of travel managers showed US domestic one-way airfares increased 13% from a year ago to an average of $247. This was the highest since late 2001. The survey found higher costs in all categories, including economy-class tickets and international travel. Posted by: Betsy Source |
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