Companies ready to cut travel amid Iraq war threat
Aric Peters of Butler National Corp plans to cancel trips if war starts. A National Business Travel Assn survey shows over 60 percent will evaluate trips case by case and about a quarter will use teleconferencing more. Most firms have no immediate travel cuts but expect a slowdown and policy revisions to locate and repatriate employees quickly. First Data Corp bans international U.S. travel to mitigate risk.
MENTIONED IN THIS ARTICLE
Aric Peters
Indonesia
Kansas
United States
Iraq
Peters
Butler National Corp
Middle East
Singapore
National Business Travel Assn
First Data Corp
Greenwood Village
Colo
U.S
Corporate travel again braces for war impact
A travel survey shows over 60 percent of 151 companies would evaluate business trips case by case if war with Iraq begins, instructing overseas staff to return. Firms foresee restrictions expanding to domestic travel. Rosenbluth International predicts 10–20 percent international and 5–10 percent domestic cuts, with airlines and hotels offering flexible rescheduling amid wartime costs.
MENTIONED IN THIS ARTICLE
Greg Rossiter
Rossiter
Alex Vasilev
Rosenbluth International
Philadelphia
Wasilev
Iraq
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