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The Covid Pandemic Could Cut Business Travel by 36%—Permanently

Bioreports by Bioreports
December 1, 2020
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Even if Covid-19 vaccines become widespread, business travel is likely to be changed by the pandemic. Travel budgets have been slashed and some meetings will remain virtual; conferences and conventions may be crimped.

But by how much? It matters not only to airlines and their employees but also their customers—travelers. That’s because higher fares paid by corporate customers actually subsidize cheap fares for vacationers. What’s more, less business travel means that airlines schedule fewer flights on business routes, like…

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