American Airlines Bullish on Full Business Travel Recovery in 2022
American Airlines is bullish on the business travel recovery. The carrier expects revenue from the lucrative segment to fully recover by the end of 2022, joining the likes of Emirates in taking an overtly optimistic stance on the return of corporate flyers.
“We remain very bullish on the return of demand,” said American President Robert Isom during a third quarter earnings call on Thursday. Business travel revenues stood at about half of 2019 levels at the end of September after peaking close to 60 percent of levels seen two years