Some very well informed statements on the current state of the oil industry however the reality for a lot of companies on how the 'new norm' operates is very different.
A lot of travel budgets have been hacked back to zero, even domestic flights need approval from higher ups often in the US and video conferencing has to be looked at before travel is approved so many meetings simply just don't happen.
I, and many others used to think nothing of jumping on an EZE down the east coast for £450 a shot on a weekly basis and if my company have stopped that (a fairly large support company) then I suspect most others have as well. We have even started doing UAV site inspections (that used to be 10 or so guys travelling from all over) that get real time relayed back to surveyors in Aberdeen and satellite offices.
It now becomes the new norm that travelling is much less accepted than it was.
The FlyBe/EZE tie up kind of signifies to me that the halcyon days of business travel from ABZ are gone for the minute.