Author: Charles

Travel insurers are fighting over flight prices

Travel insurers are fighting over flight prices

Airlines Cash In as Flexible Work Changes Travel Patterns

By Mark Milazzo, USA TODAY | USATODAY

For decades, airlines have been promising frequent fliers the best they could when it came to their service, charging what is deemed the “reasonable” price and offering the best deal.

But travelers are now finding they’re paying the price with changes in flying patterns. In just three years, air travel has changed from being a once-a-month trip to a once-a-year or vacation-in-the-summer business, and many of the airlines offering their standard business class seats are struggling in their pursuit of the same fare.

“Flexible scheduling has caused a paradigm shift in how we think about airlines,” said Gary Haber, whose book Cheap Air has tracked airline prices and scheduling for the last 40 years.

And since the start of 2011, according to Haber, frequent flier numbers across the industry have dropped from 26.5 million to 24.8 million, while travel patterns are shifting from one once-a-year trip to one once-a-month.

TRAVEL INSURER WARS over flight prices

Airline companies are trying to figure out how to keep up while trying to bring in customers. On a per-passenger basis, the fare paid by business class customers has plummeted $1,300 from 2007 to 2010 while flying from Boston to Portland declined by more than 50%, according to Flexbook, a booking tool for online travel agencies.

Flexbook reported in April 2010 that it had about 100,000 customers using the service, followed by more than 200,000 in April 2011 and about 300,000 in April 2012 — a 10-year period.

Haber and the founder of Flexbook, David DeWalt, were contacted by USA TODAY by email but did not respond immediately.

At the end of June

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