WhereDaily News: Passport Premiere Detects International Business Class Fare Sales
NEW YORK, NY--(Marketwired - Oct 24, 2013) - Passport Premiere has detected widespread international business class fare sales in response to weaker than expected demand. Air New Zealand, American, Delta, United and V Australia have all initiated fare business class corrections of up to 65% for travel into 2014. Airfare corrections occur when carriers overestimate the value of their premium class inventory and are forced to slash fares to avoid empty planes.