Business travel represents a substantial force in the global economy. Just before the Covid-19 pandemic hit, it contributed to more than USD 1.2 trillion, about 25 percent of the travel and tourism sector’s overall economic impact, to the global GDP. Businesses had resumed spending on travel after substantial declines in 2008 and 2009.

A research by Global Business Travel Association Foundation had found that for every one percent change in business travel spending, the US economy typically gains or loses 74,000 jobs, USD 5.5 billion in GDP, USD 3.3 billion in wages and USD 1.3 billion in taxes. The report also stated that personal vehicle (35 percent) was the most popular mode of transportation among US business travellers in 2016, followed by airplane (28 percent) and rental cars (13 percent).

Internal travel encompasses trips taken for intracompany purposes, where employees participate in activities such as training, team building or inspection of field operations. External travel, on the other hand, refers to travel done by employees for engagements outside the company, including in-person meetings with clients and suppliers, trade conferences and customer sales calls.

"Obstacles to business travel, such as cumbersome visa protocols and long flight connections, constrain access to knowhow and limit growth opportunities, especially in developing countries," said Frank Neffke, research director at Harvard Kennedy School’s Growth Lab.

Benefits Of Business Travel

In the past, companies have experienced that, on average, 40 percent of customers would eventually be lost without in-person meetings and support.

Detailed statistical modelling over 18 years and 14 industries indicates that for every dollar invested in business travel, US companies make a USD 9.50 return in terms of revenue. The modelling also found that US business travel has yielded USD 2.90 in profits for every dollar spent.

There is a small segment of employees for whom travel is deemed essential for conducting business. This category accounted for around 15 percent of all corporate travel expenses in 2019 and includes decision makers in manufacturing companies with a wide distribution of factories and plants, and field-operation workers. For some corporate travellers, it is possible to move oversight responsibility to local personnel and/or utilise digital medium. This segment will see their business travel decline. A large segment of business travel is done to cultivate new or important client relationships. This segment will bounce back as soon as Covid-related restrictions are lifted.

A tiny portion of business travel comes from the public sector, professional associations and nonprofits. During the pandemic, many professional associations were able to hold virtual events to replace in-person conferences and will likely be more cautious in their return to travel.

Business Travel Catches The Virus!

Business travel has taken a big hit during the Covid-19 pandemic and its future is still up-in-the-air, waiting for the end of the pandemic and firming up the ‘New Normal’. In 2020, total global business travel expenses contracted by 52 percent, while managed corporate-travel spending in the United States alone plummeted by USD 94 billion (71 percent).

The World Travel and Tourism Council’s (WTTC) latest annual research shows that the global travel and tourism sector suffered a loss of almost USD 4.5 trillion to reach USD 4.7 trillion in 2020, with its contribution to GDP dropping by a staggering 49.1 percent compared to 2019. In 2020, sixty-two million jobs were lost, representing a drop of 18.5 percent, leaving just 272 million employed across this sector globally, compared to 334 million in 2019. The threat of job losses persists as many jobs are currently supported by government retention schemes and reduced hours, which could be lost without a full recovery of the travel and tourism sector.

Some business travellers expect to take at least as many business trips in 2022 as they had in the year before the Covid-19 pandemic was declared. While teleconferencing will reduce the need for some business travel, many survey respondents cited the need to meet in-person to rekindle relationships with customers, suppliers and business partners. Another frequent reason cited for the need to travel for business was a job change.

The countries most eager to travel for business once Covid-19 travel restrictions are lifted seem to be China, US and Australia. Of course, the potential increase in Covid cases from the Delta and future variants of the virus may still cause further backsliding on rising confidence levels for resumption of business travel. (TT)

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Goodyear is continuing its holiday partnership with the U.S. Marine Corps Reserve Toys for Tots Program by hosting toy drives at all three of its blimp bases, marking the 16th year of the tradition. The events offer community members a rare chance to step inside the iconic Goodyear Blimp hangars while contributing to local children’s holiday celebrations.

Guests at each location are encouraged to bring a new, unwrapped toy, with all donations supporting Toys for Tots campaigns in the respective blimp base communities. Over the past 16 years, these drives have collected more than 300,000 toys and raised over USD 875,000 for the Marine Toys for Tots Program, brightening the holidays for children and families nationwide.

The Ohio Wingfoot Lake base will host a drive-through event 4–6 December from 2–7 p.m., allowing residents an exclusive behind-the-scenes look before dropping off donations to a US Marine representing Toys for Tots. In Florida, Pompano Beach will hold open house hangar tours on 6 December from 11 a.m.–5 p.m., with registration available online. California’s Carson location will welcome attendees on 4 December from 2–5 p.m. and 5 December from 9 a.m.–1 p.m., with tour spots reservable beginning 1 November.

Founded in 1947, Toys for Tots collects new, unwrapped toys during October, November and December and distributes them as Christmas gifts to disadvantaged children in the communities where campaigns are conducted. The blimp bases will also accept mailed toy or monetary donations, with details available on the Goodyear Blimp website and Facebook page. 

Joni Fitch, Director of Community Engagement, Goodyear, said, “For 16 years, this tradition has brought our communities together around the holidays in a uniquely Goodyear way. Opening our blimp hangars gives us a special opportunity to welcome our neighbours and support Toys for Tots in helping make the holidays brighter for local children and families.”

Retired Marine Colonel Ted Silvester, Chief Revenue Officer of the Marine Toys for Tots Foundation, said, "We are very pleased to welcome Goodyear back for their 16th year as a National Corporate Donor of the Marine Toys for Tots Program. With their generous support, we will be able to fulfil the Christmas holiday dreams of thousands of less fortunate children, who otherwise might have been forgotten."

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Bridgestone has unveiled a new generation of aircraft tyres designed for the Boeing 737, delivering improved wear performance through optimised design. The tyres were first introduced on aircraft flown by partner airlines, helping to enhance their operational efficiency, and the company now intends to extend their availability to carriers worldwide. From 2027, tyres incorporating the advanced technology are scheduled to be fitted to a broad range of aircraft.

The launch comes as aviation continues to recover rapidly from the Covid-19 pandemic, a rebound that has brought labour shortages and made operational efficiency more critical than ever. At the same time, the sector is stepping up sustainability efforts in support of the International Civil Aviation Organization's target of net-zero CO2 emissions by 2050. Bridgestone refined the technology using extensive flight data supplied by partner airlines together with its own simulation tools, carrying out thorough evaluations and verification across a wide range of conditions.

The new tyres preserve the high durability of the company's existing Revolutionarily Reinforced Radial (RRR) technology while markedly improving wear resistance and curbing uneven wear through a new tread compound and an optimised contact profile. Casing durability has also been strengthened via an optimised sidewall design. Combined with advanced tyre wear prediction solutions developed alongside airlines and with retreading, the tyres support greater operational efficiency and lower CO2 emissions without compromising safety or reliability.

The new compound, which improves carbon black reinforcement and dispersion through Bridgestone's proprietary NanoPro-Tech molecular control technology, delivers better wear balance during landing and taxiing. Compared with the previous product, the tyre achieves more than 20 percent additional landings per tyre, reducing replacement downtime and maximising aircraft utilisation for high-frequency operators such as domestic carriers, while helping to lower operating costs.

Separately, the combination of flight data and simulation enabled Bridgestone to optimise contact conditions for aircraft-specific surfaces, including runways and taxiways, producing more uniform contact and cutting irregular wear seen on certain routes by more than 20 percent. This lowers the risk of unplanned replacements and flight delays, supporting on-time performance and easing the burden on maintenance teams. Further optimisation of the sidewall design based on RRR technology has extended tyre durability, and because roughly 80 percent of the materials in a retreaded tyre can be reused from the original, retreading reduces CO2 emissions at the manufacturing stage.

Bridgestone's aircraft tyres hold the leading installation share among airlines ranked in the top 10 of the SKYTRAX World Airline Awards 2025, underpinning safe and reliable operations. The company aims to maximise the productivity and economic value of airline operations, in line with the ‘Extension’ and ‘Economy’ commitments set out in the Bridgestone E8 Commitment, while enabling longer tyre life with lower resource consumption and emissions.

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Continental has introduced the ContiTrailAttack 4, the successor to its highly successful ContiTrailAttack 3 adventure tyre. The new 90/10 tyre retains the strengths of its predecessor while pushing performance further, aimed at riders who spend most of their time on asphalt but want readiness for occasional detours onto unpaved roads.

A full-silica compound delivers fast warm-up along with enhanced grip in both wet and dry conditions. The tyre offers intuitive and predictable handling wherever the journey leads, while state-of-the-art carcass materials and construction ensure reliable stability in every riding situation, even when fully loaded. Continental's MultiZoneBelt technology provides outstanding agility on winding roads and confidence on fast straights.

A newly developed cross-ply carcass construction for models with a 21-inch front wheel in size 90/90-21 stands out as a key highlight. The latest materials create a more flexible carcass, a better feel for the surface and calmer, more balanced handling. A revised apex design supports the sidewall and improves stability, while a new innerliner makes all sizes tubeless-compatible. The tyre also achieves a new level of steering precision for adventure motorcycles with 21-inch front wheels.

Positioned as a 90/10 tyre for 90 percent road use and 10 percent unpaved paths, the ContiTrailAttack 4 suits adventure riders who mostly choose paved roads but remain ready for spontaneous gravel detours. Confidence, stability and fun in twisty sections take centre stage, whether on the daily commute or a motorcycle vacation. It fits a wide range of modern adventure and travel enduro motorcycles, including the BMW R 1300 GS and F 900 GS, Honda CRF1100L Africa Twin, KTM 1390 Super Adventure S EVO, Triumph Tiger 1200 Rallye Pro, Ducati Multistrada V4 S, CFMoto MT 800 X and Voge DS 900X.

Raphael Michels, Product Manager – Motorcycle Tires, Continental, said, “Our full-silica compound inspires confidence at all times – from a cool morning start to a demanding mountain pass in the afternoon. The MultiZoneBelt technology, in turn, uses its specifically tuned stiffness zones in the steel belt to deliver outstanding agility on winding roads – and composure on fast straights.”

Rafael Kascha, Product Developer – Motorcycle Tires, Continental, said, “With the ContiTrailAttack 4, we are achieving a new level of steering precision for adventure motorcycles with a 21-inch front wheel. We accomplish this through advanced materials and a newly developed, cross-ply carcass construction. For riders, this means noticeably more direct and confidence-inspiring handling, whether in changing conditions on country roads or on occasional excursions onto gravel.”

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Zeon Corporation has formed a business alliance with QunaSys Inc. to extend mathematical model-based development, a novel R&D methodology, across manufacturing industries. The partnership merges Zeon's long-established expertise in polymer and materials development with QunaSys's mathematical modelling capabilities, creating an approach that deepens researchers' understanding of phenomena and strengthens decision-making.

Zeon has cultivated practical methodologies in this field through internal materials projects and employee training. The alliance will now pursue joint research, proof-of-concept (PoC) initiatives and tailored solutions to bring the scheme to external companies on a full-scale basis. The collaboration builds on a capital and business tie-up established in March 2022 aimed at creating a data management platform for machine learning, automated experimentation and quantum computing in materials development. The platform and the new scheme complement each other by enabling efficient validation of models against data and generation of high-quality hypotheses.

Unlike conventional approaches, the methodology treats mathematical models as foundations for researcher thinking rather than mere predictive tools. Models are built through objective definition, factor decomposition, hypothesis organisation, model creation and iterative verification. This lets researchers identify the essence of phenomena, narrow hypotheses requiring testing and rationally choose next steps – linking understanding to concrete actions that enhance business value and extending support beyond R&D into value creation.

Applying the approach requires both modelling technology and materials development expertise. Under its STAGE 30 medium-term plan, Zeon is reshaping its portfolio and positioning its data business as a next growth driver, intending to develop the scheme into a service within that business. The companies will accumulate methodologies and practical examples, broaden application across materials fields and promote manufacturer adoption through joint research, PoC projects and enterprise solutions, contributing to more advanced and efficient R&D.

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