|By Marketwired .||
|June 27, 2014 02:37 PM EDT||
NEW YORK, NY -- (Marketwired) -- 06/27/14 -- Passport Premiere has detected widespread international business class discount fares for summer travel. Air France, American Airlines, Cathay Pacific, Delta Airlines, Emirates, Lufthansa and Swiss have all initiated fare corrections of up to 65% for summer travel. Fare corrections occur when carriers overestimate the true value of their premium class seats and slash fares to avoid empty premium class cabins.
Air France has lowered round trip business class fares between New York and Paris to just $2,250 + taxes with a 28 day advance purchase and $2,650 + taxes with a 14 day advance purchase. Fares are valid for departures through September 4th, 2014.
Cathay Pacific has lowered round trip business class fares between the U.S. most Asian destinations to just $3,500 + taxes for weekday travel. This is the lowest business class fare Cathay Pacific has offered since 2009 and is available from all of their U.S. gateways. Korean Air has matched Cathay on selected routes.
Emirates lowered its business class fares up to 70% from several U.S. cities to Africa, Asia and the Middle East for summer travel. For example, business class fares between Boston and Delhi start at just $2,368 round trip + taxes and fuel surcharges.
Business class deals can still be found to South America with several carriers including TAM Airlines for late summer travel. Business class fares to Australia with Qantas remain elevated, but are projected to contract by August.
Passport Premiere advises its subscribers whether current fare levels are supported by legitimate demand or speculation. Subscribers receive route specific BUY and HOLD recommendations and use Fare Monitor to determine if current fare levels are fairly valued or are likely to fall at a later date. Subscribers are first in line to capture downward fare moves when fare change happens. International premium class travelers seeking to reduce their travel costs can register by visiting Passport Premiere. Current trends suggest additional buying events should be launched in the weeks ahead.
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