Key 12-Month Milestones For The U.S. Airline Business Traveler Return
A milestone lets us know where we are on a path or journey, As airlines look forward to full return … [+] of business traffic, there are important milestones to track over the next twelve months that will help determine both the rate and pace of this recovery.
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While leisure traffic has rebounded for U.S. airlines, business traffic is still stuck in low gear. Most estimates put this at about 60% of 2019 levels, and various forecasters have suggested that gradually this will grow though 2022 and 2023. Others believe that some segments of business travel, especially the intra-company meetings that once made up almost 20% of airline business travel, will not return in full until at least the market grows large enough.
Yet predicting what happens is almost impossible. United Airlines said as much recently, saying instead that they are staying flexible to be able to respond quickly for any…