More

    As Americans think about booking a holiday, RT’s boom bust asks if airlines are ready to travel after a slow year – RT Business News



    With the fall of the Kovid-19 cases, the vaccine rollout continues unabated, and restrictions are slowly being lifted, with millions of Americans eager to travel again.

    According to the US Travel Association, 72% of Americans are planning a summer trip this year, compared to 37% last year. However, despite the increase in demand, the airline industry is still expected to lose $ 48 billion in 2021. RT’s Boom Bust spoke to travel writer Gary Leff to find out if the travel industry is looking at any new seedlings of recovery.

    “The airline industry is basically ready, because frontline workers who drive planes and work in cabins were not laid off,” Said the founder of View of the Wing, a project of Miles and Points Consulting.

    He said that, although those employees were not working, the massive government subsidies helped those who did not opt ​​for early retirement to remain on the payroll.

    For more stories on the economy and finance visit the business section of RT

    Latest articles

    Related articles