For those who have been feeling cooped up, you can now rejoice.
The director of the International Air Transport Association (IATA), Mr Alexandre de Juniac, said that personal and leisure travel will return in the second half of this year.
IATA is already working with countries to design and plan protocols and processes to ensure they can reopen borders soon.
However, he cautions that it is still early days and that the actual volume of travel by year-end will still be low compared to pre-pandemic days.
Business travel will recover even more slowly as companies have learnt to cope by using videoconferencing tools and remote communications to replace flying.
Nonetheless, local companies such as Singapore Airlines Limited (SGX: C6L) and SATS Ltd (SGX: S58) should welcome this news as a sign that recovery is underway.
Separately, Transport Minister Ong Ye Kung has maintained that the Hong Kong-Singapore air travel bubble, which was scrapped last November because of escalating COVID-19 cases in Hong Kong, can still be launched “when conditions are right”.
In the meantime, we have our eyes on companies poised to ride the recovery in 2021 and beyond.
Here is a list of our top articles for this week.
If you’re looking for both growth and resilience in REITs, you should turn your attention to these three REITs.
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These three companies have seen their business soar due to the pandemic. Investors should see these businesses deliver healthy performance in the long run.
Despite a tough 2020, these five businesses still managed to beat the odds to deliver higher profitability.
After getting battered and bruised during the crisis, these three companies may rebound strongly this year.
As investors, we need to adapt to changing business conditions. And as businesses evolve, our investment mindset also evolves along with them.
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Venture Corporation Ltd (SGX: V03) recently released its full-year 2020 earnings, recording a worrying year on year dip in its net profit after tax. Should investors be concerned?
Jardine Matheson Holdings (SGX: J36), Singapore’s bellwether conglomerate, made a surprise announcement on acquiring and delisting Jardine Strategic Holdings (SGX: J37). What are the implications for investors?
Several Singapore-listed companies have, over the years, opted for a secondary listing on another stock exchange. Is this move good for the company and investors?
Please refer to the individual articles for stock ownership disclosures