Business class for US$20,000 means staff fly coach or not at all

The cost of flying is making the company rethink business trips and apply lessons learned during the pandemic. (PHOTO: Al Drago/Bloomberg)

By Angus Whitley and Danny Lee

(Bloomberg) — Flying business class has always been beyond the means of most fliers. Now even companies can’t afford fares that have soared as the world tries to reconnect in the wake of Covid.

A return business-class flight on the longest routes, between New York and Sydney, for example, can cost more than US$20,000, about double the price from pre-pandemic days.

“Demand is clearly outstripping supply,” said Nick Vournakis, executive vice president