Thursday, September 01, 2016

As Indian economy soars, business class flight bookings see a sharp rise

Mumbai: More wealthy Indians are buying business class seats on international flights, primarily as corporates expand their business interests globally and spend on premium air travel for their senior management.
A year-on-year comparison done for every month since January by some travel firms for ET revealed bookings in the segment jumped by up to 75 per cent.

The growth in popularity in the front end of the cabin is testimony to India's economic growth — the fastest among major economies — and increased corporate activity that has directly led to a spurt in corporate travel.
"The number of people who travel business class has gone up and this is a reflection of business confidence in the corporate sector," said John Nair, head of business travel at Cox & Kings.
01/09/16 Anirban Chowdhury/Economic Times
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