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Covid-19: Into 2021 and beyond...

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COVID-19 forces major change across Asia-Pacific airline industry

Airlines in the Asia-Pacific region have two priorities at the moment – short term survival, and figuring out how they need to adjust to the post-COVID-19 industry landscape. The first is obviously the most pressing issue for now, but airlines also cannot lose sight of the longer-term picture.

With many aircraft parked and international traffic in the doldrums, airlines are scrambling to negotiate new financing and are looking to defer as many short term aircraft deliveries as possible. The traffic and demand growth assumptions that have formed the basis of airline plans have been rendered obsolete by the pandemic, forcing them to launch business reviews as they recognise the need to streamline their operations.

Across the Asia-Pacific region, some business models and markets are faring better than others. In many cases, governments are providing a vital lifeline. But despite encouraging signs in specific markets, the real disruption to the airline industry could play out over the next few years.

More here: https://centreforaviation.com/analysis/reports/covid-19-forces-major-change-across-asia-pacific-airline-industry-534197

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any idea which carrier and aircraft type that will bring back pfizer vaccine on this 26Feb ?

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Just an armchair assessment from me, but it would be interesting to see which airline would be first to become a fully integrated tourism player.

This means cutting out all other players and middle man ie: Travel Agents (Online included), Taxi/Buses, even Hotels. .

JAL had something similar with Hotel Nikko and Airport Shuttles running between the airport. With COVID19, they could take it even further with tour packages going only to their "Properties" ie Hotel, Restaurant, Beaches etc. All minor investments compared to buying a B787 AND it's currently a buyers market if anyone is looking for hotels or tourism related plays.

The local businesses (run by the airline) would contribute tax back to the local Govt. Definitely less competition since your passengers will only stay at your hotel, but standards are able to be kept consistently throughout the trip. If some thing goes wrong, only 1 entity to complain to. It would be something new, say if the hotel room AC broke, and compensation was an upgrade for the flight out the next day 😁

Business travel has likely seen it's peak in 2019, after COVID19 and thanks to Zoom / Online Meetings there is nearly no reason for that "last minute" Business Class + 5* (3 nights stay) + Travel Allowance to LHR for an urgent meeting anymore. Trade off for having more flexible working hours in the new normal.

In terms of the tourism eco-system, Airlines are the most well funded compared to all other player. Even Hotel Chains don't own or even lease most of their properties leaving it to the franchise holder to shoulder all the business risk. Airlines are different, whereby even if a plane is leased, the money is already out of pocket and will continue to be drawn on regardless if that plane is used.

So I expect Airlines have the most incentive to come up with a way to get out of this hole.

 

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On 2/2/2021 at 2:29 PM, Li Ren said:

any idea which carrier and aircraft type that will bring back pfizer vaccine on this 26Feb ?

Malaysia Airlines plane with Jalur Gemilang livery to bring in Covid-19 vaccine on Sunday (Feb 21)

from: https://www.thestar.com.my/news/nation/2021/02/18/malaysia-airlines-plane-with-jalur-gemilang-livery-to-bring-in-covid-19-vaccine-on-sunday-feb-21

😃

Edited by BC Tam

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