Analysing changes in air fares is crucial in the airline industry. It enables us to have knowledge of current trends, as well as make insightful predictions. In our latest report, we partnered with 4th Dimension Business Travel Consulting to investigate current airfare trends. Key results included: Domestic economy fares raised by 9.5% Trans-Tasman economy fares raised by 3.2% Trans-Tasman business fares raised by 18.5% International fares economy fares stayed consistent International business fares raised by 18.5% The information enclosed will help New Zealand and Asia Pacific businesses and organisations to consider new factors in their airline contract negotiations and traveller buyer behaviour.
Air New Zealand amendment to long-haul fares
Rising fuel and operational costs have led to Air New Zealand amending their long-haul fares. Increased costs in the airline industry have been widely reported with carriers experiencing rising overheads including fuel, labour and en-r...
International Benchmarking: Corporate Sectors
Understanding the international market is crucial for Travel Management professionals. The ability to forecast trends is imperative when considering new factors in their airline contract negotiations and traveller buyer behaviour througout the year. Across the top 10 routes reviewed there was a 9.3% increase in business class whilst economy class fares remained flat in 2017 compared to the previous years. In our latest report, we compare the average paid airfares for the most frequently travelled international long-haul city-pairs for large enterprise to small businesses.
Trans-Tasman Benchmarking: Corporate Sectors
The Trans-Tasman route is closely observed by Travel Management Professionals in New Zealand. In our latest report, we've used industry-wide benchmarking metrics from 4TH Dimension to analyse the following key Trans-Tasman metrics:
FCM FOCUS 2018
The FCM FOCUS conference is held annually and is attended by over 250 employees globally. Over 70 of the 90 countries that FCM trades in participated and New Zealand was fortunate to be one of them. This year the conference was held in Oman, a Middle Eastern country tucked away on the southeastern tip of the Arabian Peninsula. FCM Travel Solutions New Zealand was represented by three senior members of the team including Anthony Bodle, our Account Manager Leader for Auckland. Ant shares his experience of travelling to Oman and attending FCM FOCUS below. As one of FCM’s Account Management Leaders, I find the FCM FOCUS conference is the most valuable to attend. The content covered is detailed and the global networking is so valuable to both myself and our clients. Anthony Bodle, Account Management Leader - Auckland
Domestic Benchmarking: Corporate Sectors
Careful industry analysis is crucial for travel management and procurement professionals. Insights into airfare benchmarking are key to understanding the current market and forecasting future trends. In our latest report, we've used i...
FCM Travel Solutions' latest roundup of travel industry news. Air updates Air New Zealand and Qantas codesharing agreement In the quake of the earlier Air New Zealand and Virgin Austrailia split, a new partnership agreement has been announced. The Air New Zealand and Qantas codeshare agreement is great news for business travellers. Eligible customers will see eligible customers gaining access to a combined total of 36 domestic lounges on both sides of the Tasman when flying on routes.. Air New Zealand boosts business flights to Palmerston North Air New Zealand will operate an additional 12 one-...
Carriers Serving New Zealand
Both work and leisure travellers are taking to the skies more frequently than ever before. As carriers compete with low fares and increased frequency, travel has never seemed more attractive. New Zealand has seen the benefits of this w...
Seats on Offer: To and from New Zealand
In the sky, not all seats are created equal. Some offer the basics while others offer a more luxurious well-rounded experience. In this issue, we review the distinguishing differences between seating options along with the airlines that provide them. We also take a quick look at up and coming trends, specifically around the increase in the Premium Economy traveller.
The airline industry is complex, dynamic and operates in a very competitive marketplace. Its volatile nature is partly driven by changing consumer demand and external environmental developments that push the industry to innovate.
What GDPR means for the travel industry
The General Data Protection Regulation (GDPR) is being described as the most important change in data privacy regulation in 20 years. The legislation will have a major effect on how companies that operate in the European Union manage their data and also impact the global travel industry. We've put together an overview of GDPR including the key considerations for New Zealand business. Read our latest whitepaper to learn more about the impact of GDPR on the travel industry including issues raised by the new legislation.