Brussels Airlines sees 30 to 40% growth in corporate travel out of Belgium

Brussels Airlines Airbus A320-214 OO-SNL (msn 1961) TLS (Paul Bannwarth). Image: 955228.

Brussels Airlines has made this announcement:

  • Corporate travel out of Belgium slowly starts to pick up again
  • Weekly increase in bookings of 30 to 40%
  • Brussels Airlines expects companies to ease restrictions in their travel policies as of October
  • European destinations most popular for business traffic
  • Higher demand for flights to USA due to easing of travel restrictions for fully vaccinated passengers
  • Need for flexibility higher than ever before
Since mid-august, Brussels Airlines notes a light increase in corporate travel out of Belgium. With a weekly increase in bookings between 30 and 40%, the airline expects to welcome around 28,000 corporate passengers out of Brussels in September. While corporate travellers normally book two to three weeks in advance, the trend of the last minute bookings since the beginning of the coronavirus crisis has changed the booking timing to only two to three days ahead of their travel date.

Increasing demand for corporate travel

Some sectors are resuming corporate travel faster than others. The first sectors to pick up business travel again are the European and other political institutions, universities and the Marine business, followed by the automotive industry, international construction companies and producers of building materials. Also NGO’s and insurance companies performing repatriations represent a significant share of Brussels Airlines’ corporate customers.

While many multinationals still apply a (partial) homeworking policy, the airline expects its major corporate customers to ease their travel policies as of October.

Popular business destinations

The most important destinations for corporate travelers are mainly European destinations such as Italy (Milano), Slovenia (due to EU Presidency), Denmark (Copenhagen), Czech Republic (Prague), Germany (Berlin), Austria (Vienna), Switzerland (Geneva), Spain (Madrid & Barcelona) & Portugal (Lisbon).

With the easing of the travel restrictions imposed by the US government, allowing fully vaccinated EU passengers to smoothly enter the U.S.A., Brussels Airlines expects a rising demand for business travel to the United States. In the first 24 hours after the announcement of the end of the travel ban, Brussels Airlines noted a booking increase of 180%. The Belgian airline will offer 4 weekly flights to New York JFK during the winter season.

During the entire crisis, the African network remained of great importance for the airline for both VFR traffic as well as business travel by NGO’s and other companies.

Brussels Airlines expects that the demand for corporate travel will reach the level of 2019 again by 2024. The demand for leisure travel on the other hand recuperates much faster.

Top Copyright Photo: Brussels Airlines Airbus A320-214 OO-SNL (msn 1961) TLS (Paul Bannwarth). Image: 955228.

Brussels Airlines aircraft slide show: