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4 July 2013 | Adam Leach
Business travel buyers looking to cut costs are embracing low cost carriers such as EasyJet and Ryanair.
Figures released by Capita travel and events yesterday showed purchases of tickets for low cost airlines have increased by almost a third. The travel management company saw sales of the cheap fares among its clients jump 31 per cent compared with last year.
Corrie Long, air product manager at Capita travel and events, said: “Low cost carriers have become increasingly acceptable as part of business travel planning for our customers as we continue to help customers create stronger policy controls around the use of ‘lowest logical fare’.
“The price dynamics and flight scheduling convenience are factors in their popularity.”
Earlier this year, a report by the Institute of Travel & Meetings (ITM) indicated that travel buyers would be put under added pressure to make budgets stretch further. The 2013 Industry Outlook, Trends in Corporate Travel report cited higher travel rates as the main factor behind the increasing cost pressures.