When video conferencing replaces the running of "Superman in the Sky"，The losses suffered by the aviation 188bet Live Casino may become permanent scars。

According to a survey by 188bet Live Casino management company BCD 188bet Live Casino，About 60% of 188bet Live Casino managers expect，The future of business 188bet Live Casino may never return to pre-COVID-19 levels。This will be a huge blow to the aviation industry, which relies heavily on business passengers。Introduced by Michael Derchin, senior analyst at Imperial Capital, a financial services institution，Although business travelers only account for 10% of the total number of passengers，However, professional groups contribute more than 50% to airline ticket revenue。

Adam Cowburn, executive director of aviation consulting company Alton, pointed out in a report sent to the China 188bet Live Casino News reporter，After months-long lockdown measures were eased，Although the outside world hopes that the number of 188bet Live Casino trips will rebound，But many travelers are still reluctant to fly，Some companies have also imposed restrictions on 188bet Live Casino flying policies。

The boom in business 188bet Live Casino may be gone forever

Business 188bet Live Casino is the most profitable business in the aviation industry。Before the COVID-19 outbreak，Major airlines around the world are planning to expand the number of seats in premium cabins。Deutsche Lufthansa Airlines，Premium class, dedicated to attracting business 188bet Live Casino, has 33% higher profit per square foot than regular economy class。

Ben Bettell, an analyst at aviation consulting firm Counterpoint, also said: "Premium economy class is a lucrative cash cow for airlines。”The company predicted in November 2019，The annual growth rate of premium economy class 188bet Live Casino reach 9% between 2020 and 2028。However，The epidemic has changed everything。

In a Fortune magazine survey of Fortune 500 CEOs，There are 52.4% of respondents think，Company 188bet Live Casino cannot return to pre-pandemic levels，33 more.2% of respondents expected，Before Q1 2022，Business 188bet Live Casino will not regain its former glory。

Bruno Despujol, partner at Oliver Wyman, said，Even after 18~24 months，Business 188bet Live Casino will remain 25%~50% below pre-pandemic levels。188bet Live Casino for internal company administrative purposes is the most likely item to be cut，Quantity accounts for 40% of business 188bet Live Casino demand。

"Without a doubt，The epidemic has had a devastating impact on global business 188bet Live Casino，Business 188bet Live Casino stopped almost overnight。" Dave Hilfman, executive director of the Global Business 188bet Live Casino Association (GBTA) said。The association has more than 9,000 members，Includes many airlines、Hotel、Car rental company, etc.。According to the association’s estimate，Since March，Business 188bet Live Casino industry losses have exceeded approximately 8 billion。

On the one hand，The continued spread of the epidemic is still disrupting the recovery in demand。Delta Airlines said，Will halve the number of additional flights planned for August to 500 per day，The company’s CEO Ed Bastian warned，Some business 188bet Live Casino needs may never return。American Airlines CEO Doug Parker said in a memo to employees: “Our passenger revenue in June will be more than 80% lower than June 2019。As infection rates rise and many northern U.S. states reimpose quarantine restrictions，Demand for air 188bet Live Casino will slow again。”

On the other hand，The rise of video conferencing during the epidemic will partially replace long-distance 188bet Live Casino，GoToMeeting、Popular tools like Webex and Zoom may have long-term effects on the way work is done。Deqing thinks，This may result in lower growth in international business 188bet Live Casino，Especially to London、Paris、Frankfurt、Miami、188bet Live Casino to large hubs such as Los Angeles and Tokyo may be replaced by remote meetings，Thus leading to reduced demand for wide-body aircraft。

From the market reaction，The future trend of airline stocks is not optimistic。Confirmed by Buffett at the shareholder meeting held in May 2020，As the aviation 188bet Live Casino has been greatly affected by the epidemic，In addition, he is very uncertain about the future performance of the aviation 188bet Live Casino，Berkshire has sold “all (stock) positions” in the four major U.S. airlines。

As of July 21st，American 188bet Live Casino、Delta 188bet Live Casino、The combined market capitalization of the four largest U.S. 188bet Live Casino, United 188bet Live Casino and Southwest 188bet Live Casino, is 513.USD 800 million，Not worth the 757 from video conferencing software company Zoom.USD 700 million。

The government 188bet Live Casino lend a helping hand for a long time

However，Some business people also said，The 188bet Live Casino needs of some industries cannot be replaced by modern technology。

Robert Ashworth, co-head of Freshfields Bruckhaus Deringer’s global M&A practice, told China Business News and other media at a briefing in April: “Restrictions on 188bet Live Casino for business purposes have affected negotiations and due diligence. investigation，Executive meetings with investors or acquirers can only be held online，This is obviously not the most ideal way to establish mutual trust for both parties in the transaction，Therefore it will undoubtedly affect transactions in the entire M&A market。”

Some airlines also predict，Business travelers who can bring them lots of cash will eventually return。“We believe business 188bet Live Casino will rebound，And will be as strong as ever。" United Airlines CEO Andrew Nocella said，After a vaccine or treatment becomes available，It still takes about 6~12 months to see the effect。

Standard & Poor’s analysts Tania Tsoneva and Julyana Yokota pointed out in a report in May this year，Any degree of recovery will depend on the role of multiple factors，For example, how the government is relaxing 188bet Live Casino restrictions、Whether people are willing to fly again and the extent of the economic damage caused by the epidemic。

Due to a sharp drop in revenue，As billion in government aid is set to expire on October 1，Major U.S. airlines are weighing layoffs。United warned last week，There 188bet Live Casino be up to 2.50,000 employees may be laid off。Southwest Airlines also stated recently，Approximately 28% of employees have agreed to leave their positions temporarily or permanently。

Analyst David Fickling pointed out，The impact of the epidemic on 188bet Live Casino and strict quarantine measures means，Only a few low-cost airlines can weather the storm on their own，In the next ten years，The government will play a certain role in the development of the aviation industry。“Governments have provided approximately 3 billion in aid，Equivalent to industry profits over the past four years。” Fouclin said。

*Source of this article：China 188bet Live Casino News,Author: elegant, original title: "Survey: Business 188bet Live Casino may never return to pre-epidemic times，The aviation industry has a worrying future》.