By Mary Schlangenstein | Bloomberg
The head of Alaska Airlines says Silicon Valley technology companies have “turned off” their business travel, and it could be as much as another year before they start booking trips again.
“These are the biggest tech companies in the world, and we do have some optimism that they’ll start opening the valve sometime — hopefully in the back half of 2023 or into ’24,” Alaska Air Group Inc. Chief Executive Officer Ben Minicucci said in an interview.
REALTED: Bay Area airports show big passenger gains in 2022
Major US technology companies have announced job cuts over the past few months as they struggle to