12 Feb 2021
Economic Impact COVID-19: Air Travel
- Posted by Dejan Pekic BCom DipFP CFP GAICD, Senior Financial Planner
More good news and Gong Xi Fa Cai to all with a Chinese heritage.
As the COVID-19 vaccines roll out continues there is increasing confidence that passenger numbers in the United States and the rest of the World will begin to rise rapidly as has been the case for China.
Click for chart.
Increased travel has enormous positive impact on the tourism and hospitality sectors, retail sector, employment and happiness.
This is again positive news for economic growth.
Next week we will talk about the elephant in the room.
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