Which are best for your travel policy? Flexible airfares or fixed cheaper ones?

Which are best? Flexible airfares or fixed cheaper ones? This is a question we are often asked by new TTFN Travel clients.  It’s a good question and the answer can only be revealed after we’ve analysed a company’s travel habits and set up their travel policy.

For many companies travel costs are the number one cost after wages so it’s important to keep a close eye on them through a good travel policy. We often find that companies tend to overestimate the number of times that their employees change their flights. This means that they have unnecessarily been purchasing the higher cost flexible fares when a less flexible cheaper one would have sufficed.

When you look at the general ticket options for Australian domestic flights with Qantas or Virgin, the fixed cheapest fares typically add a change fee before day of departure of around $80 plus any fare difference. Compare this with a fully flexible ticket that has no change fees but will often cost much more than the $80 change fee and you can start to see that it might just be worth the risk.

For new corporate clients of TTFN Travel, our general method is to review your travel spend for the past 3 – 12 months and look for any opportunities to either reduce your travel costs or get more value out of your current spend through a sound travel policy. Unfortunately the full details of a company’s travel spend is not always recorded in a single place. Depending on existing process and policies in place, often travelers simply book their own travel and expense it back and accounts are not always reconciled. This is what is termed ‘leakage’ in the industry as the true cost of travel is not known.  This is another reason TTFN Travel recommends companies (even small ones) put a travel policy in place.

TTFN Travel can also negotiate on your behalf with the airlines to ensure that your company is getting the best value possible out of its travel budget.

To find out if your company would benefit from flexible or fixed airfares, call TTFN Travel today to talk about your travel policy on (08) 6382 5000 or email travel@ttfn.com.au

Article by Nicola Billens

Nicola Billens is an experienced traveller, having visited all the continents (except Antarctica) over the last 20 years. She’s lived in France, England, Austria and New Zealand and spent many years and many dollars experiencing what this wonderful world has to offer.

by edgecreative - Posted on May 18, 2017 in Uncategorized
Excep from: TTFN Travel

RECENT POSTS

What kind of traveller are you?

Not everyone travels in the same way, some like to stay busy and explore the sights while others do their best to never leave the poolside. If you can identify what type of traveller you are we can help find you the perfect getaway. Below we’ve gathered a few of our favourite types of travellers matched with the best suited holiday. ERNIES (EARLY RETIREES NOW INDEFINITELY ENJOYING SIGHTSEEING) If you’re enjoying an early retirement but […]

Travel Bubble

With all the excitement around the impending announcement of Travel Bubbles, we’ve been preparing some exciting itineraries to explore New Zealand in 2021, but with little known about how these “Bubbles” will work, we’ve found all the key information you need to know. A Travel Bubble with New Zealand would mean Australians are allowed to travel to and from New Zealand without needing to quarantine for 2 weeks. This opens the door to leisure and […]

Where to Travel in Autumn 2021 in Australia

March – May 2021 For those lacking inspiration for Australian holidays for 2021 we’re here to help. As your regular balinese resort is still off limits but you’re itching to get out of the house we’re on hand to give you ideas and create a holiday that best suits you. Arguably the best time to travel all year, Autumn when the weather is becoming less extreme and crowds from the most popular destinations are starting to […]

Trip enquiry

  • This field is for validation purposes and should be left unchanged.

Subscribe to the Travel Magazine