Airfares Skyrocket in 2000

Business airfares in the U.S. jumped 12 percent in 2000, according to the American Express Business Travel Monitor, released at the end of January. This was double the rate of increase in both 1999 and 1998.

To buffer the sticker shock at airports, companies took advantage of corporate discount fares and nonrefundable leisure fares, according to the study (which defines a business fare as the lowest-priced, fully refundable economy-class ticket with no more than three days advance pur

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