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Travel is rebounding, but business trips are still lagging – Marketplace

The Transportation Security Administration is getting ready for 20 million passengers to come through airport checkpoints over the four-day weekend — roughly double the number last year. On the day before Thanksgiving, more than 2.3 million travelers came through security — just a few hundred thousand fewer than the day before Thanksgiving in 2019. 

The return to the skies is driven by domestic leisure travel, while business and international trips lag behind. International travel is still down by about 40%. Business travel, on the other hand, is down by half, according to Colin Scarola, vice president of equity research at CFRA Research.

“The things holding back international and business — a lot of offices are still closed, a lot of businesses are enjoying the savings of a reduced travel budget,” Scarola said.

The pandemic has altered the way business is done, said Airline Weekly’s Madhu Unnikrishnan.

“The investment banker…

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