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Columns and Commentary
Qwick Takes: How will the pandemic change air travel?
March 26, 2021
Posted by Irina Slav
This week, TalkingBizNews Deputy Editor Erica Thompson reached out to Qwoted’s community of experts to inquire about the future of air travel and how the pandemic has affected the industry over the short and long term. Check out some of the top commentary:
Sukhi Jutla, Co-Founder & COO at MarketOrders:
Chad Bolick, Executive Director in Morgan Stanley’s Philanthropy Management Group:
Caroline Lee, Marketing Director, Co-Founder of CocoSign:
It will take years for travel to return to its pre-pandemic levels. And in the meantime, with the loss of most of its revenue, airlines are expected to temporarily ramp up additional fees to get back to profitability, at least until the vaccines have been fully doled out across the globe. However, something to consider is the fact that business travel which has been especially critical for airlines to churn out record profits, may now never fully be the same, as some businesses permanently opt to adopt videoconference meetings and phone calls instead. So, that could also end up affecting demand and how the prices swing in the future.
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