That will be key to reviving the airlines. Corporate clients typically deliver bigger returns than those packed in coach, spending more than $1 trillion on travel in 2019, according to the World Travel & Tourism Council. Amex GBT’s business has rebounded to 61% of its pre-pandemic level from just 25% at the peak of the omicron outbreak.
While it remains to be seen whether the recovery can be sustained — executives may ultimately take fewer business trips than previously once the initial euphoria of a return to travel wears off — the pace of the rebound is shoring up confidence at airlines as they deploy fleets and map out their post-pandemic networks. The Bloomberg World Airlines Index has climbed about 50% from a May 2020 low.
The picture isn’t uniform. The rebound is anaemic in China, which is still locking down entire cities in a bid to stamp out Covid-19, and Hong Kong, where foreign visitors must quarantine on arrival. Some in the business say there’s bound to be a degree of retrenchment after two years of relative success with virtual get-togethers.
대한민국 최근 뉴스, 대한민국 헤드 라인
Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.
출처: BusinessTechSA - 🏆 24. / 61 더 많은 것을 읽으십시오 »