As we plan for a post Covid Travel scenario, one document that is very important is the Corporate Travel Policy. What is the Corporate Travel Policy? It is that document that basically lays out the rules for corporate travel that employees of a company need to follow, to ensure travel for and on behalf of the company is handled in sync with the vision of the company. It will ensure that all business travel effectively delivers to the financial goals of the company.
The Airline industry has been one of the worst hit by the Coronavirus pandemic. It will be several years before airlines around the world recover from the damage. The International Air Transport Association (IATA), estimates lost revenue for 2020 will be 314 Billion US dollars. IATA also estimates that 4.5 Million flights will be cancelled by June 30, 2020. Never before has the Industry been hit so badly by a pandemic virus.
In the recent weeks a lot has been written in the Press, discussed on TV and over the airwaves, about the impact the deadly disease will have on the Airline Industry and its consequences. It may well change the entire face of air travel for ever. Many doomsday specialists tell us air travel will never be the same again.