Is Travel Countercyclical?

Edward Russell

October 16th, 2022 at 12:30 PM EDT


Delta passengers and signage in Atlanta

Delta Air Lines CEO Ed Bastian claimed this week, after his airline reported a robust third quarter profit and sees seemingly unsated demand, that travel is “countercyclical” to the economic winds. And he’s not alone, International Airlines Group and United Airlines have separately said they see no signs of travel demand waning. Edward Russell and Jay Shabat discuss Bastian’s prognosis, plus what’s up in Amsterdam.

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About Discover Puerto Rico

Discover Puerto Rico is a private, not-for-profit Destination Marketing Organization (DMO) whose mission is to make Puerto Rico visible to the world as a premier travel destination. The DMO brings prosperity to the people of Puerto Rico by collaboratively promoting the Island’s diversity and uniqueness for leisure and business travel, and events. It is responsible for all global marketing, sales, and promotion of the destination and works with key local governmental and non-governmental players throughout Puerto Rico’s visitor economy and the community at large, to empower economic growth.

Edward Russell

October 16th, 2022 at 12:30 PM EDT

Photo credit: Delta passengers and signage in Atlanta Delta Air Lines / Chris Rank/Rank Studios

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