CFOs face an unpopular choice as business class ticket prices soar: Economy or bust

Business class airline seats are becoming more appealing to everyday travelers who want to splurge on a flight. This is driving up demand and prices. So corporate travel budgets may need a boost in 2023.

The CEO of Air France said: “We see a strong new type of customer, which we call a ‘luxury leisure’ customer,” my colleague Vivienne Walt writes in a recent Fortune feature article. “The summer’s ‘luxury leisure’ travelers complicated matters for those on genuine business trips,” Walt writes. “With the cushier seats suddenly the hottest tickets in travel, businesspeople were forced to reroute, reschedule meetings, or—horrors—fly