Corporate fare

Corporate fare is a negotiated airfare that an airline offers to a specific company or group of companies under a corporate agreement. 

These fares are usually cheaper than standard public fares or provide added benefits, such as greater cancellation flexibility, reduced change penalties, or priority boarding.

For airlines, these agreements help secure predictable, high-volume traffic from business travelers. For companies, corporate fares are a cost-control tool that ensures employees book within a preferred airline segment to benefit from better pricing and more traveler-friendly conditions. 

They also simplify travel program enforcement and expense management.Corporate fares are negotiated through contracts between the company and the airline, often facilitated by a travel management company (TMC).