Surveillance: Rajappa's Recession Call
Bloomberg Surveillance
The Demand for Business Travel
Business travel has not fully recovered yet, but it's been more than made up for by leisure travel. We're sort of 80% level of business travel. I think people have learned how to do Zoom meetings. Companies have realized it's really expensive to send employees around and they don't necessarily need to in all cases. And then we got air traffic controllers. Now I look out on the web and they're making 130, $150,000 a year. So I'm up in the air and there's a guy with seven lights on a radar screen. Shouldn't we just pay the pilots more to solve this labor conundrum?
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