The return of the corporate jet set is vital to keeping the recovery in air travel going. U.S. airlines have benefited from a robust snapback in leisure travel, and some are now eyeing their first profits without the help of government aid. But come fall, that booming leisure demand will taper off. There are only so many vacations and trips to reunite with family that people can take. With an international travel recovery moving more slowly than the airlines would like amid continuing Covid restrictions, it will largely fall to business fliers to fill up the planes.
Will it happen? As optimistic as U.S. airline executives are about the prospect, investors appear skeptical: The S&P 500 Airlines Index has slid more than 15% from its June peak. To be sure, not a single one of the major U.S. carriers has reported any kind of impact on bookings from the rise in the highly transmissible delta variant across the country. It helps, too, that face masks are still required on a
Houston Airports hosts CAPA Americas Aviation Summit – eTurboNews
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Tourism and civil aviation – a symbiotic relationship
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