C-19 prediction on airfares and border closures
I predict that, once the bulk of the C-19 situation is over, that most countries will still keep their borders pretty locked up -- for about a year. So, perhaps highly limited international travel until July 2021? April 2021 at best.
This means that recreational travel (i.e. "vacations") will have to be within your own country -- esp. for larger countries such as the U.S. and Australia.
I also predict that airlines will neither discount nor increase the prices of airfares: there will be pent-up demand for travel -- so the airlines won't need to reduce their ticket prices. But, at the same time, people won't be so desperate to travel that the market forces would support price-gouging by the airlines.
Thus: ticket prices will be essentially what they were, pre-C-19.
--GG
Labels: C-19, predictions
1 Comments:
I'm leaving a comment to myself to time-stamp my prediction: you can potentially retrospectively change the "posting date" of blog entries -- but I'm pretty sure the comments time-date stamp is locked down. ;)
-National borders closed until probably July 2021 (April/May 2021 at best).
-Vacationing will therefore be domestic travel, not international.
-Airfares will be the same as pre-C-19 -- neither discounted nor inflated.
--GG
Post a Comment
<< Home