Business travel bookings among Australian companies are down 36% due to the rationalising of corporate travel in the work of the global financial crisis and swine flu pandemic.

Tourism know-how provider, Amadeus, reports that European destinations have been the worst hit (25%), followed by North the usa (22%) and the Asia-Pacific (12%).

But according to corporate travel management company, BCD Travel, Australian companies can cut corporate travel costs without cutting back so severely on corporate travel flights.

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