Passport Premiere, the international business class advisory & fare monitoring service, detected a business class “flash crash” with One World carriers. During this event, business class fares plummeted to multi-year lows in a matter of minutes. On September 8th, 2015 business class fares between several U.S. cites & Europe fell to just $717 round trip + taxes For example, at 4:30 P.M. eastern time business class fares between Los Angeles & London for travel any time in 2016 started at $2,803 + taxes. One hour later, business class fares had fallen to just $717 round trip.
For 10 hours, business class fares from most U.S. cities and Athens, London, Geneva, Milan, Paris, Rome or Zurich were selling for no more than $908 + taxes. The ‘$908’ fare may be symbolic of its September 8th release date (i.e. 9/8/2015). Deep discounts were available on flights operated by American Airlines, British Airways, Iberia & USAirways. Travel was permitted any time after October 1st, 2015 through 2016. Fares were even REFUNDABLE less a $500 penalty.
Savvy travelers using Passport Premiere’s FARE MONITOR service were able to capture this business class buying event before normalized fares were restored at approximately 2:00 A.M. on September 9th, 2015. Business class fare crashes have dominated international premium cabin travel in 2015. In March, American slashed business fares between Washington & Beijing from $5,430 to just $40. In April, business class fares between New York & Paris fell from $5,600 to $474 overnight. A shortage of buyers willing to pay inflated fare levels continues to cause fare corrections to destinations worldwide.
Passport Premiere helps premium class travelers CONFIRM the fair market value of an airline seat BEFORE they purchase. Premiere members using FARE MONTOR captured that $717 business class fare to London and $908 to Milan with American Airlines! If you’re interested in achieving maximum value on your next international trip, go to www.passportpremiere.com for additional information or to subscribe.