Post Covid-19 Travel Management Companies Restructuring
The onslaught of Covid-19 has been relentless. Air Travel has taken its mightiest blow ever in the history of post-war Civil Aviation. It created an almost complete lockdown for the Industry in terms of International Travel. The good news is that all of these effects will peak, and eventually when they find the vaccine, disappear.
The blow the phenomenon has dealt the Industry and many other businesses around the world, has no parallel. It has already changed the Business completely. Even as Airline heads are looking at a revival on their drawing boards, we know that Covid-19 has changed the face of travel forever.
As Airlines, orchestrate the relaunching of services, Travel Management Companies (TMC), are reviewing everything from staffing upwards. They are studying their operating costs. What will resurface from the depths of the disaster will be a different, more efficient, and cohesive Industry.