Airlines are making big profits on transatlantic routes this summer. American wants a bigger piece of that with plans for three new destinations next year.
Business travelers went quickly from a fear of catching Covid-19 in 2021 to feeling utterly miserable in 2022 when faced with the daunting prospect of having to fly, such was the chaos across airports in Europe and the U.S. This year, caution prevailed.
Plenty of doubters predicted business travel wouldn’t fully return, but recent surges suggest the wider industry could break past its pre-pandemic $1.4 trillion value.
International Airlines Group CEO Luis Gallego said Friday that corporate bookings on its flights to and from North America are leading the recovery of business travel at its airlines, which…