How many ways can you think of, to score a good value business class airfare? How do you know what a good value deal is?
For answers and other information, read the below-listed techniques and be sure to secure a low-priced business class, and sometimes, even first-class tickets.
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1. Airfare Structure
Calculate the difference in the prices of economy and business class tickets. This figure, when represented in terms of ratio, becomes a business and economy price ratio.
The standard industry ratio is usually 3.6. In simple words, the price of a business class ticket is 3.6 times the price of an economy ticket. The price fluctuates with respect to the changes in the market.
Familiarize yourself with the airline ticket pricing system. It will help you to understand what a good value deal is and when to bag them. If the ratio is under 2.5, then go for the business class ticket rather than the economy class without a second thought.
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2. Unpublished Discounts
There are certain service providers that are known as business class specialist consolidators. They may offer discounts on business class airfare that is up to 50% more than those offered in the open market.
These are known as unpublished discounts. Before choosing to avail services, kindly ensure that the professional belongs to a reliable agency, and must be a member of industry-recognized associations like the International Air Transport Association.
Another important thing to keep in mind is to ensure the price quoted includes taxes and other charges.
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Business-class fares provided by the consolidators are going to be amongst the best. The availability of such a service provider depends on your geographical locations.
3. Airfare Geo-Arbitrage
Geo-arbitrage means relocating to financially cheaper countries. The business and first-class airfares are subject to variation depending on the country of origin.
Some places charge higher than the others. This inconsistency is a result of a number of factors, like the country’s economic conditions, exchange rates, etc.
Any country going through financial hardships may offer low-priced business class tickets to attract overseas clientele.
Some cities that offer attractive deals on business class airfare include Colombo, Jakarta, Manila, Cairo, and Bangkok.
Another essential detail to be taken into account is that sometimes the cheaper fares offered can only be availed via local travel agencies.
4. Divide your Journey into Multiple Trips
Divide the journey into multiple trips to cut down business and first-class airfare extensively.
For instance, if you are to board from point A and your destination is point C, divide the journey into multiple trips. Fly from point A to point B, and then from point B to point C. Avoid direct flight. This method is very fruitful.
The only thing to bear in mind while booking is the timing of the connecting flights from the splitting point. Therefore, consider dividing your trip as it might give you access to cheaper business class tickets.
Choose cheaper countries as the destination that splits your journey for maximum deduction in price.
5. All Business Class Carriers
All Business Class Carriers are aircraft with only business class. Airline carriers, like La Compagnie, offer low priced airfare.
Most of the other business class airlines like Midwest Airlines, Maxjet, OpenSkies, Air1, Air Atlanta, Eos Airlines and Silverjet have all ceased business due to competition and lack of sales.
The concept of all-business class airlines enjoyed increasing popularity in the mid-first decade of the 21stcentury however, it faded away quickly.
Still, you can avail cheap business class flight tickets on other airlines if you keep an eye out on the market trends.
6. Fifth Freedom
Fifth Freedom routes are an effective technique to save on your business and first-class airfare.
Let’s discuss what fifth freedom actually means. Fifth freedom is a method by which an airline improves its economic prospects. It means picking up revenue traffic between two cities outside of the airline’s home country. Also, the flight must either originate or end in its home country.
The airplanes employed on such routes are twin-aisle aircraft. These have more room to accommodate passengers from multiple destinations.
So, a best-value airline ticket deal also depends largely on the aircraft.
7. Airlines not Widely-Known
People are aware of only a handful of airlines because major airline companies cover the majority of the business/market.
Air travel is a highly competitive trade, with countless airlines operating across the globe. Lesser-known airlines offer good value deals to attract clientele and maximize sales.
You have a high possibility of scoring a business class air ticket at a low or discounted price.
For example, numerous airlines offer flights from London to New York, which is probably the busiest route in the world. Millions of passengers travel on this very route, annually.
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When airlines like Air India and Kuwait Airways used to operate on this route (now discontinued), they would regularly offer tickets at low-cut and competitive rates. Norwegian Air Shuttle flies twice a day, between London and New York.
A Colombia-based airline called Avianca provides low-cost tickets for business and first-class if you are to fly from the United States of America to certain destinations in South America.
Some of the Asian airlines that offer such deals include Philippine Airlines and South Korea-based, Asiana.
8. Frequent Flyer Points
Frequent flyer points can be earned by engaging in a point-based membership program with airline transfer partners, which is a great value deal for frequent flyers.
Other sources are direct purchasing of points, and bonuses offered on frequent flyer credit cards, in the form of a mileage bonus.
For US travelers getting your hands on 3 or 4 mileage credit cards could mean being eligible for a free return trip in a business class. An option open for all travelers is to purchase them directly. Be mindful of special bonus sales hosted by various airlines.
Turn your next flying experience up by a notch. Adopt techniques like geo-arbitrage, because they can help you purchase business class tickets at the lowest prices possible.
Study the structure of airfare and familiarize yourself with flights traveling on fifth freedom routes. Be mindful of unpublished discounts and check for lesser-known airline carriers. If convenient, you may even split the journey into multiple stops.
Use plastic money as it is a safe payment method. If you fly often, apply for frequent flyer points, as well as travel insurance.
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Conduct your own research into the world of air travel, maybe you can come up with your own strategies to cut down on business class airfare.