✈️Pika World Pulse: The Travel Indstry💎

🎢Travel remains strong🚥

Omicron does not seem to affect the holiday season. Travel data showed that more than 2 million people had undergone security checkpoints on Monday. The data is around 80% of those levels seen in 2019. 

There is an expectation that travel volumes will likely remain elevated near the prepandemic period for December. Moreover, Dr Fauci indicated that it is somewhat OK to travel if one is vaccinated and wears masks in congested areas such as aeroplanes. 

This may boost well for recovery stocks. 

🛩Please cut isolation time!🛩

Well, that’s the call by Delta Air Lines’s CEO seeking the CDC to reduce the isolation period for vaccinated people by half. Indeed, the call is understandable as staff constraints continue to dampen the momentum of services by airline companies. 

Since holiday travel remains robust, reducing isolation time does help the airline industry. 

⛵️Let’s sail once again🛳

Carnival CEO Arnold Donald plans to have an entire fleet of sailing in 2022 summer. This is a bold plan as the cruise company seeks to normalise operations. However, it will help with the bottom line, especially with their latest cost structure which is healthier. 

Investors are genuinely concerned, given that the debt raised during the pandemic may mean less free cash flow for shareholders in the form of dividends. 

We hope you enjoy this quick market pulse in the travel industry.