Will Business Travel Come All the Way Back?
Jul 27 2021, 11:08 AM
July 27 2021, 12:36 AM
July 27 2021, 11:08 AM
(Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs arenât so sure. And neither are investors.
(Bloomberg Opinion) Airline CEOs are increasingly bullish about the business travel recovery. Other S&P 500 CEOs arenât so sure. And neither are investors.
All of the major U.S. carriers reported improving demand from corporate fliers in the second quarter and expressed more optimism than they have at any other point of the pandemic that this lucrative corner of the market would start to return to normal. American Airlines Group Inc. predicted a full bounce back in U.S. corporate demand by 2022, even though revenue tied to this business had only recovered to 45% of pre-pandemic levels by June. United Airlines Holdings Inc. highlighted a recent survey in which more than 90% of corporate customers
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