Air Travel Payment Practices: 5-Year Analysis (2020-2025)
Air Travel Payment Practices Improve Slightly: Average Score Rises From 61.1 to 67.0 (2020-2025)
The Comparison
- 2020: An analysis of 58 air travel companies revealed an average payment practice score of 61.1 out of 100, indicating significant room for improvement in efficiency and adherence to payment terms.
- 2025: A subsequent study of 50 air travel companies showed the average score had risen to 67.0 out of 100, a positive but not drastic indication that payment practices across the industry have become marginally better. The change may have been driven by the changing environment in the travel market.
- Companies: There was a 13.8% decrease in the amount of companies in the study.
What This Means
The 5.8-point increase over five years, while positive, suggests a slow rate of change in air travel payment practices. While not a radical shift, the data does indicate a gradual improvement and greater likelihood of businesses receiving payment on time. Tools such as this late payment calculator might be useful in measuring how much value is lost.
One-line summary: Air travel payment practices experienced a small but positive shift, improving from an average score of 61.1 (out of 100) in 2020 to 67.0 in 2025.