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U.S. domestic airfares for American Express business travel clients continue year-on-year decline

Analysis

NEW YORK - (American Express) - According to data released today by American Express Business Travel, the world's largest travel management company, although average airfares for routes in the United States rose in the second quarter compared to the first quarter of 2005, American Express Business Travel clients continue to pay lower rates when compared to the second quarter of 2004. For the same year-over-year quarterly period, international airfares continued to climb, so too did international and domestic hotel rates as well as car rental costs.

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