Covid pandemic could cut business travel by 36% – permanently

Even if Covid-19 vaccines become widespread, business travel is at risk of being altered by the pandemic. Travel budgets have been reduced and some meetings will remain virtual; conferences and conventions can be crimped.

But by how much? This matters not only to airlines and their employees, but also to their customers, the travelers. This is because the higher rates paid by corporate clients actually subsidize the cheap rates for vacationers. Plus, less business travel means airlines are planning fewer flights on business routes, like …