Deutsche Welle A recent study by Idea Works found that only 25% of all business air trips are undertaken to support sales and secure clients. Intra-company meetings account for 20% and those commuting to work by air for another 5%. “This category [intra-company meetings] will be a strong candidate for cost savings and in-person activity will […]
Zoom vs. handshake battle to impact business air travel’s fate Read More »
New York Times Some experts argue that corporate travel may never fully recover, with many in-person meetings permanently replaced by video conferences and phone calls. Travel for sales meetings, conventions and trade shows is least likely to be permanently affected, IdeaWorks, an industry consulting firm, said in a December report. But shorter trips to meet
Airlines Still Don’t Know When Passengers Will Return Read More »
Aviation Week A new study by a group of travel experts set out to determine what percentage of business travel may be permanently lost in the post-COVID-19 era. The results weren’t pretty. Produced by the IdeaWorks consultancy, the study took a novel approach by dividing business travel into seven categories, and then drawing on a variety of
Daily Memo: Up To 36% Of Business Travel May Never Return Read More »
PhocusWire A new report produced by IdeaWorksCompany and sponsored by CarTrawler predicts airline travel for business purposes will be permanently down at least 19% and as much as 36% compared to pre-pandemic levels, as a portion of trips are replaced by technology. The Journey Ahead: How the Pandemic and Technology Will Change Airline Business Travel breaks
More than one-third of all airline business trips could disappear after COVID Read More »
PhocusWire A new report produced by IdeaWorksCompany and sponsored by CarTrawler predicts airline travel for business purposes will be permanently down at least 19% and as much as 36% compared to pre-pandemic levels, as a portion of trips are replaced by technology. The Journey Ahead: How the Pandemic and Technology Will Change Airline Business Travel breaks
More than one-third of all airline business trips could disappear after COVID Read More »
Forbes A new study by IdeaWorks and reported by the Wall Street Journal is the first detailed look at the long-term impacts Covid-19 could have on business travel. I, along with three other travel professionals, designed the study, conducted the research, and reached out to others for comments. Its conclusions are eye-opening: that between 19%
Airlines can recover the revenue loss by prioritizing leisure travel and ancillary revenue, along with modifying cabin seating strategy. Dublin, Ireland & Shorewood, Wisconsin, Wednesday, 1 December, 2020: Business travel is likely to stay depressed as the airline industry begins its recovery from the pandemic. That’s the conclusion of a new report based upon a first-ever
Business travel is likely to stay depressed as the airline industry begins its recovery from the pandemic. That’s the conclusion of a new report based upon a first-ever approach of assessing business travel by trip purpose, rather than industry category. The Journey Ahead: How the Pandemic and Technology Will Change Airline Business Travel is sponsored