Contact: Tanya Andreadis ( [email protected] )

ACTE Summits Spawn Development of Airfare Focus Group

(Alexandria, VA, USA - November 28, 2001) The Association of Corporate Travel Executives (ACTE), an organization dedicated to the advancement of the global business travel industry has convened an Airfare Focus Group as a result of member feedback from the ACTE Summits conducted last month. The mission of this group will be to develop an airfare structure proposal that will jump-start and sustain the business travel industry. The focus group members, chaired by ACTE President-elect, Cheryl Hutchinson, represent major global corporations with over ½ billion in annual airline purchases. A consultant has been retained by ACTE to work with the focus group by providing airline pricing expertise and rationale to the proposal.

According to Hutchinson, the proposal will be based on the simplification of the published airfare structure as well as recognition of responsible corporate volume purchasing. The group's goal is to begin presentations directly to the major airlines no later than January 1st. "As major buyers of air travel, we have placed great value in our suppliers partnering with us to provide solutions to support our businesses. As leaders of ACTE and corporate buyers, we are pleased to be a part of an effort that will identify solutions to support our airline suppliers and fellow ACTE members," Hutchinson remarked.

Mark Williams, ACTE Treasurer and member of the focus group also offered his comments. "The entire industry realizes that the system is broken and change is needed. The proposal offered up by Rosenbluth International is a good start. We will analyze these suggestions as a part of our process to recommend a new structure that jump-starts, as well as sustains, the airline industry," he said.

As an association equally representing both the airlines and the corporate buyers, ACTE supports the adoption of a new airfare structure that provides fair and honest value for all parties.

A message from Tom Barrett, ACTE Board Member and Purchaser of Corporate Travel


Founded in 1988, the Association of Corporate Travel Executives is the only organization wholly dedicated to the science of business travel management with an international constituency. ACTE membership totals more than 2,400, including entities in Asia, Europe, Canada and the United States. The organization is headquartered in Alexandria, Va., and its web site is www.acte.org.

 

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