Daily Poll: Omicron snaps its fingers and kills travel demand?
Some said the Omicron variant can't stop people from going away for the holidays — and planning much-needed vacations for 2022. Travel-related stocks like cruises have led the subsequent market rebound as investors grow less fearful about the severity of the new variant.
However, reality doesn't seem to match the script. Since Friday, airlines scrubbed more than 1,500 U.S. flights, disrupting travel during the busy holiday weekend. $United Airlines (UAL.US)$ , $Delta Air Lines (DAL.US)$ , $American Airlines (AAL.US)$ and $JetBlue Airways (JBLU.US)$ cited the spread of omicron among crews as a reason for the cancellations.
Do you think the virus will once again sabotage the travel demands?
How will related stocks like $Airbnb (ABNB.US)$, $Carnival (CCL.US)$ , $SIA (C6L.SG)$ perform under the risk of omicron?
How will related stocks like $Airbnb (ABNB.US)$, $Carnival (CCL.US)$ , $SIA (C6L.SG)$ perform under the risk of omicron?
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寧静以待 : I hope people all over the world can quickly regain their freedom to travel. However, in the days when the virus is raging, the more you travel, the faster the virus spreads and infects. Everyone has travel needs, but at this dangerous time, it's better to just stay at home and wait for the day of true freedom to arrive
Howardy : Because the epidemic restricts travel in some places, I am not very optimistic about travel-related stocks, and I still hope to return to normal as soon as possible
eitokun : Travel related stocks stabilised. Eg. Genting Singapore moved around 75 to 77 cents these days, being able to hold on 74 cents. But purchasers cannot expect price to rocket fast.
SG一条龙 : The infection itself is rapid, but it is not fatal. It will be open soon
Mars Mooo :
Poop Turtle SG一条龙 : But have to include the possibility of it mutant and turn deadly also..