Business travel: who will choose to fly?
What: a reflexion on the future of business travel once the pandemic is over.
Why it is important: virtual gatherings have become the norm for almost a year now, which might have long-term consequences on travels. Because even if the vaccines work and travels are opened again, some bigger issues such as sustainability and cost-cutting to salvage companies might tarnish the restart of the flying business
Travel has suffered since the beginning of the pandemic and the future is still blurry for the sector, even with the hopes brought by the vaccine. The reduction of international travels have had serious consequences on retail (both travel retail and “tourism retail”) and it also had consequence on corporate travels. Now it is a whole industry that need to rethink its strategy.
FT looks at the state of business travel in the future, based on its situation pre-covid and taking into account the health and financial risks linked to the current crisis.
Business travel: ‘We don’t know how many people will choose to fly’