How Has Covid-19 Reshaped Business Travel?
Of the millions of people clogging airport security lines, passport control and gate areas, one crowd is still largely missing: business travellers. Their absence is noteworthy because they are a key source of revenue and profit, underpinning a record-breaking stretch of financial gain for airlines that ended with the coronavirus.
Business travellers tend to pay higher fares, and that is especially true on international flights, which are also still deeply depressed by the pandemic and travel restrictions around the globe. Because their fares subsidize other passengers, experts say their absence is leading to higher leisure fares on many routes.