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My present employer determines class of travel based on independent circumstances. For example, for the past 18 months I have been developing our North American business from the ground up.
Travelling from the UK across the Atlantic every 2- 3 weeks.
I started in economy and as the business developed, I was allowed to fly business long haul. I am now allowed to fly business on any flight above 5 hours ie MAN JFK or Boston to Phoenix.
I am very grateful to my employer for, what I view as a huge privilege.