{"id":148172,"date":"2021-12-24T01:09:48","date_gmt":"2021-12-24T01:09:48","guid":{"rendered":"https:\/\/precoinnews.com\/?p=148172"},"modified":"2021-12-24T01:09:48","modified_gmt":"2021-12-24T01:09:48","slug":"global-air-travel-recovery-will-remain-weak-in-near-term-due-to-omicron-uncertainties-aviation-analyst-says","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/business\/global-air-travel-recovery-will-remain-weak-in-near-term-due-to-omicron-uncertainties-aviation-analyst-says\/","title":{"rendered":"Global air travel recovery will remain weak in near term due to omicron uncertainties, aviation analyst says"},"content":{"rendered":"<ul>\n<li>International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst.<\/li>\n<li>Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in &quot;travel right now because things are changing every day.&quot;<\/li>\n<li>&quot;Things\u00a0looked like they were starting to get better. Now, unfortunately,\u00a0its just going in the opposite direction,&quot; he said.<\/li>\n<\/ul>\n<p>International air travel will likely remain sluggish in the near term as uncertainties over the omicron Covid variant linger, according to an aviation analyst.<\/p>\n<p>Brendan Sobie, independent analyst at Sobie Aviation, said omicron has hit passenger confidence in &quot;travel right now because things are changing every day.&quot;<\/p>\n<p>&quot;The recovery we were hoping we were going to have continuing into the first half of next year, its just not going to happen. That&#x27;s going to be a setback,&quot; Sobie told CNBC&#x27;s &quot;Squawk Box Asia&quot; on Thursday. &quot;Because we don&#x27;t know too much about this variant and we don&#x27;t know what&#x27;s around the corner.&quot;<\/p>\n<p>While much remains unknown about omicron, the World Health Organization warned that the variant is\u00a0spreading &quot;significantly faster&quot; than the delta strain\u00a0and\u00a0could change the course of the pandemic.<\/p>\n<p>The highly infectious variant has now been detected in at least 89 countries and\u00a0forced some governments to impose stricter containment measures\u00a0during the holiday season.<\/p>\n<h2>CNBC Health &amp; Science <\/h2>\n<p>Read CNBC&#x27;s latest global coverage of the Covid pandemic:<\/p>\n<p>New York City scales back New Year&#x27;s Eve festivities in Times Square<\/p>\n<p>Biden says he wishes he had ordered 500 million Covid test kits 2 months ago<\/p>\n<p>New studies suggest omicron has lower hospitalization risk and is milder than other variants<\/p>\n<p>Schools struggle with omicron surge as officials push for in-person learning after winter break<\/p>\n<p>Some glimmers of hope are emerging on omicron, but experts stress caution<\/p>\n<h2>Singapore freezes new quarantine-free ticket sales<\/h2>\n<p>On Wednesday, Singapore said it would\u00a0freeze new ticket sales for quarantine-free travel\u00a0in an effort to limit the number of imported omicron cases.<\/p>\n<p>Singapore&#x27;s vaccinated travel lane program was key in the country&#x27;s pivot to a &quot;living with Covid&quot; strategy and the latest move deals a significant blow to that effort. Shares of Singapore&#x27;s travel stocks such as Singapore Airlines\u00a0fell\u00a0Wednesday following the announcement.<\/p>\n<p>&quot;Singapore Airlines is going to be impacted by the setback on the VTLs,&quot; noted Sobie, adding the move will further reduce its load factor, or the percent of seats filled.<\/p>\n<p>He added things are not moving in the right direction for Asia-Pacific airlines, which is &quot;very disappointing.&quot;<\/p>\n<p>&quot;It&#x27;s been such a difficult year for Asia-Pacific carriers \u2014 much worse than expected,&quot; Sobie noted.<\/p>\n<p>&quot;Things\u00a0looked like they were starting to get better. Now, unfortunately,\u00a0its just going in the opposite direction.&quot;<\/p>\n<p>Source: <a href=\"https:\/\/www.cnbc.com\/2021\/12\/24\/global-air-travel-recovery-will-remain-weak-near-term-says-analyst-.html\" target=\"_blank\" rel=\"noopener\">Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>International air travel will likely remain sluggish<\/p>\n","protected":false},"author":3,"featured_media":148171,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23051],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.7 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Global air travel recovery will remain weak in near term due to omicron uncertainties, aviation analyst says - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/business\/global-air-travel-recovery-will-remain-weak-in-near-term-due-to-omicron-uncertainties-aviation-analyst-says\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Global air travel recovery will remain weak in near term due to omicron uncertainties, aviation analyst says - 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