Business air travel will return close to pre-pandemic levels: Airbus CEO

In an interview to Swiss newspaper NZZ am Sonntag, the CEO of Airbus Guillaume Faury said, he expects “business air travel to return to close to pre-pandemic levels” and that “airlines are devoting the same space to business class seats as before”.

Despite vaccine rollouts in many countries, air travel remains continues to remain in crisis with video calls replacing in-person meetings; it remains to be seen to what extent business travel will recover.

However, Faury opined that corporate thinking is going back to its pre-COVID mindset.

“Companies realised: at some point they have to meet their customers and suppliers in person again. At some point they must be on site to develop products or build factories,” said Faury. “That is what airlines are telling us, since they must decide now how their planes will be seated in future. And we see that they are planning as many seats in business class as before the pandemic.”

However he conceded that the sector may not fully recover.

“Maybe it will be slightly fewer. One thing is clear to me: people want to fly again. Hardly more but also probably no less than before the pandemic.”

Categories: Creativity, Economy & Finance, Entrepreneurship, HR & Organization, Strategy

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