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- W764186252 abstract "Business air travel may have been permanently affected by the recession and terrorist attacks of 2001. The drop in business activity coincided with the growth of two new alternatives to scheduled airline services: fractional jet ownership and electronic business communication technology. With fractional jet ownership, private jet service can be cost-effective for companies with smaller travel budgets and the time savings can be significant, especially with new security mandates causing long waits at airports. Videoconferencing and high-speed data transmission are making virtual meetings more popular among companies of all sizes. Although traffic levels are forecast to return to year 2000 levels by mid-2003, leisure travel will lead this recovery rather than business travel. This increased emphasis on price-conscious, flexible-schedule leisure travelers will force airlines to change their operations and cost structure." @default.
- W764186252 created "2016-06-24" @default.
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- W764186252 date "2002-03-01" @default.
- W764186252 modified "2023-09-23" @default.
- W764186252 title "THE TRANSFORMATION OF THE U.S. AIR TRAVEL MARKET" @default.
- W764186252 hasPublicationYear "2002" @default.
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