US airlines worry business travel may never fully recover
Tech advances have slashed need to fly, hitting corporate travel which accounts for up to 70% of industry sales
Wed, Jul 22, 2020 - 5:50 AM
The six largest US airlines ended last week with a combined market value that's less than the US$70 billion of Zoom, whose software has made "Zoom calls" a byword in households as well as boardrooms.
US AIRLINES hammered by the catastrophic loss of passengers during the pandemic are confronting a once-unthinkable scenario: that this crisis will obliterate much of the corporate flying they have relied on for decades to prop up profits.