dont think things will ever return to same levels before covid for this company. people are getting used to zoom meetings now , less business travel. int travel take years to recover and unknown if ever back to same levels due to people becoming used to stay at home life
dont think things will ever return to same levels before covid for this company. people are getting used to zoom meetings now , less business travel. int travel take years to recover and unknown if ever back to same levels due to people becoming used to stay at home life
In the news yesterday that government plans stiff new travel taxes (something like a departure fee of up to $50 for flights to Australia and up to $340 for flights to Europe).
In the news yesterday that government plans stiff new travel taxes (something like a departure fee of up to $50 for flights to Australia and up to $340 for flights to Europe).
I am sure this will help keeping (still) more people away from airports.
govt just confirms what i was saying about less visitors.
As NZ already has a departure tax the govt increasing it significantly means they see less people coming to NZ in the future so to maintain the books they need to increase departure tax significantly on the smaller number of people.
dont think things will ever return to same levels before covid for this company. people are getting used to zoom meetings now , less business travel. int travel take years to recover and unknown if ever back to same levels due to people becoming used to stay at home life
I really disagree with this. Increasing international travel has been a mega trend for the last 30 years (or more?). As people across the world become richer (another mega trend) they travel more. Further to the above in the last 10 years (since facebook/instagram became popular) I believe we have witnessed the beginning of another mega trend and that is the movement of discretionary spending from consumer products (e.g. fancy cars) to experiences (e.g. travel) that you can post about on social media.
Granted this MAY be offset by a reduction in business travel given our recent lockdown experiences. But I think it is a brave man to bet against the above mega trends.
Disc: don't hold AIR or AIA - but would at the right price.
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Originally Posted by bull....
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