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25-Oct-2023 12:15 AM

Global business travel recovery starts to slow. Is the industry reaching a ceiling?

Analysis

CAPA ANALYST PERSPECTIVE - a new series where CAPA - Centre for Aviation's analyst team provide personal views on a hot topic facing aviation around the world.

2023 was supposed to be another rapid year of recovery for global business travel. With the last border restrictions falling over 2H2022/early 2023, global concerns about COVID-19 ebbing and the global economy having largely avoided a recession, business travellers were expected to quickly get back onto international flights.

However, despite the strong overall forecasts and positive momentum, there are signs that recovery is starting to slow - or possibly reaching a ceiling.

Simon Elsegood, Head of Research at CAPA - Centre for Aviation shares his viewpoint.

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