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Home » Tag Archives: Business travel demand reduced

Tag Archives: Business travel demand reduced

U.S. Airlines Face End of Business Travel as They Knew It

Airplane. Ruway. Two people in hazmat suits.

BLOOMBERG, JULY 20, 2020 Impact of virus threatens industry’s engine of sales, profit | Road warriors turn to video conferences while CEOs eye budgets By Mary Schlangenstein, Esha Dey, and Brian Eckhouse for Bloomberg U.S. 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’ve relied …

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Companies using Zoom instead of business travel could reduce oil demand by up to 3M bbls/day

Video teleconferencing. Laptop computer

PortandTerminal.com, May 11, 2020 Goldman Sachs official says companies switching to Zoom could hit oil demand by up to 3 million barrels per day thanks to reduced business travel NEW YORK – The explosive growth of teleconferencing apps like Zoom is predicted to have a lasting impact on the way business is done once the pandemic is over. So much …

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