Business
Travellers: Budget Cutbacks & Travel Plans Under Pressure
This year’s IATA Corporate Air Travel Survey 2001 spans a period of
rapid change in international corporate travel, from the deepening
economic concerns of mid 2001 to the effects of the terrorist events of
September 11th. Survey 2001, released today, covers business traveller
opinions on a wide range of key issues influencing corporate travel
decisions, including travel budgets and patterns, airline choice,
alliances, aircraft types, the influence of new technology,
entertainment & communications and the importance of Frequent Flyer
Programmes.
Over 1,000 regular long haul corporate travellers from Europe, North
America and Asia/Pacific were personally interviewed. For this edition,
a special ‘post September 11th’ supplementary survey was carried out
with a sample of the same respondents, using the Internet.
The pre-and post September 11th responses to questions relating to
company travel budgets showed a significant shift in respondent
opinions.
2000 July 2001 September 2001
Budget will Increase 45% 32% 10%
Budget will Decrease 7% 9% 36%
However - respondents to the supplementary survey were optimistic about
the rebound of the corporate travel market: 57 percent said they
expected normality to return within 6 months; 26 percent expected a
return in 12 months; 14 percent expected it would take 2 years or more;
only 3 percent said business travel would never be the same.
The 2001 Corporate Air Travel Survey offers a range of reports tailored
to users’ needs and providing an impartial insight into this key group
of long haul business travellers and their company policies. A range of
additional report Modules are offered covering the In-flight Experience,
Choice of Airline or Use of New Technology. The Modules are available
with the Core Report. |