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Organizations that permit many of their executives to travel on the same plane at the same time may be placing their operations at risk, suggests the Association of Corporate Travel Executives (ACTE).
More than 20 Bank of America employees, for example, were among the 150 passengers aboard US Airways flight 1549 when it made an emergency splashdown in the Hudson River on Jan. 15, 2009, according to the New York Times. Bank of America's headquarters are in Charlotte, S.C., the destination point for the flight.
"The reliability of air travel makes the unthinkable seem impossible," ACTE executive director Susan Gurley said in a press release. "Yet it may only take one accident, one malfunction, or even a chain of the most unlikely events to spawn disasters--and bring a company to its knees.
In a survey of 101 firms around the...