United Airlines CEO Admits That Business Travel Has Plateaued

United Airlines CEO Scott Kirby has admitted that business travel has plateaued, which points to either a looming recession or a fundamental change in the way businesses think about travel.

United Airlines CEO: Business Travel Has PlateauedPlateaued

Appearing on CNBC’s Squawk Box, Kirby discussed the state of air travel as 2022 draws to a close and his projects for the year ahead. While he initially denied there were any signs to suggest recession is imminent, when pressed on business travel Kirby conceded that business travel has plateaued:

“The old metrics are probably wrong. Our data indicates…and this is probably indicative