Airlines see 'oasis' in entertainment, energy sectors during pandemic

Airlines eager to fill premium seats left empty by the coronavirus crisis are making a beeline for the entertainment and energy industries, which still must get their workers to far-off places. Most companies have slashed spending on corporate travel, leaving airlines without a crucial source of revenue. Business traffic remains at least 85% down on pre-crisis levels. While travel groups expect new COVID-19 vaccines to help revive future business traffic, sectors like sporting events, streaming and content creation are a rare bright spot for airlines in the hard-hit travel sector. “It is at least somewhat of an oasis,” said Glenn Hollister, vice president of sales strategy and effectiveness at United. “Certainly the entertainment industry is not back traveling anywhere close to normal. But there are certain aspects of the entertainment industry that just cannot happen without travel,” he said, referencing content production. The US carrier introduced new sector incentives this fall, including access to a 24/7 support desk, for production crews, actors, entertainment executives and other passengers who are still traveling. Activity in some production hubs, like Vancouver, Canada is bouncing back to pre-pandemic levels. Carriers are using a similar strategy with other industries, such as oil and gas.<br/>
Reuters
https://www.reuters.com/article/idUSKBN28E0MI
12/4/20