Royal Bank of Canada Managing Director Mark Mahaney discussed the surge in the stock market during the coronavirus vaccine negotiations, saying that the top stocks in the travel industry are “vaccine derivatives.”
Officials announced on Wednesday that Hong Kong and Singapore will launch the first “travel bubble” later this month to restore travel links during the coronavirus pandemic.
The program was launched on November 22, which will enable leisure travelers from the two cities to fly between each other without isolation, which is officially called “the world̵
According to the South China Morning Post, Hong Kong’s Secretary for Commerce and Economic Development, Yau Tenghua, said in an announcement: “It is not easy to formulate this policy.” , Including the participation of residents and their efforts to maintain social distancing.”
Due to the increase in working life due to the coronavirus, the outlook for future business travel is unclear
According to the plan, tourists from any city must undergo a nucleic acid test before flying, after arrival, and before returning to prove that they are free of COVID-19.
Officials announced on Wednesday that a “travel bubble” will be created between Hong Kong and Singapore later this month to restore travel links during the coronavirus pandemic. (IStock)
The plan will initially start with one flight per day to each city, with a quota of 200 passengers per flight. After the launch day, Singapore Airlines and Cathay Pacific will operate alternative flights.
Starting on December 7, the plan will be increased to twice a day.
Singapore Airlines said on Wednesday that it will not use its largest aircraft for flight restarts, but hopes it will become a “very good pilot” on how to resume international travel.
Airline’s leaps and bounds of travel options and virus recovery
The Post reported that earlier this week, the airline reported its largest quarterly loss in history due to the continuing impact of the pandemic on the airline.
| Stock code | Safety | continued | change | Variety% |
|---|---|---|---|---|
| Cost-per-click | Cathay Pacific Airways Limited | 4.06 | +0.10 | +2.65% |
| single | Singapore Airlines | 5.77 | +0.10 | +1.67% |
Officials said that if Hong Kong or Singapore reports more than the seven-day moving average of five untraceable coronavirus infections, the plan will be suspended for two weeks.
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Singapore’s Transport Minister Wang Yegong told reporters: “Although we may start small, this is an important step forward. This will be useful for other countries and regions that have controlled this epidemic and are considering opening their borders. Reference.”
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The Associated Press contributed to this report.
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