What We’re Seeing Is Unprecedented, But ‘Ignore’ The Notion That Corporate Travel Is Uniquely Altered

For a while, there was some debate as to whether the crisis now facing travel businesses is worse than what they went through after the terrorist attacks of Sept. 11, 2001. Not anymore.

"We believe the collapse in air travel demand has the potential to materially reshape global aviation, meaningfully more than the events of 9/11," according to a Monday research note from J.P. Morgan. "U.S. airline stocks responded enthusiastically on Friday in response to midday chatter regarding potential government aid. … We do believe that governments throughout the world will need to, and in . . .

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Author: David Jonas

David Jonas in 2006 co-founded business media firm ProMedia.travel after ten years as a journalist with Business Travel News. David rejoined BTN in 2010 as executive editor when its parent company acquired ProMedia, and in 2014 co-created The Company Dime. David has a bachelor's degree in communications from Cornell University.

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Chris Dane

I thought I had seen it all in my 40+ years in the industry…but apparently not. Truly unprecedented.