Spending on credit cards for business flights steadily rising

Tuesday 23 August 2011

Article by Mozo

Aussies travelling internally on business flights are facing heftier bills on their credit cards as a result of the rising cost of air travel.

Credit card bills 'may rise for business travellers'

The American Express Business Travel Monitor revealed that the cost of business class flights increased by 12 per cent in the second three-month period of 2011.

Carl Jones, head of American Express advisory services for the Asia Pacific region, commented: "The major airlines are competing vigorously for business travel spending but they aren't doing it by getting into a price war."

Business travellers were not the only ones left struggling to pay higher fees, as those taking trips in economy class also faced a nine per cent rise in the amount they had to pay.

Mr Jones asserted that the aviation industry in Australia is particularly strong at the moment because of the "booming resources sector".

This comes after Jackie Pearson, managing editor of YourMoney Magazine, urged consumers to compare credit cards to ensure they got one that was suited to their requirements.

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