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Speakthetruth • 2 months ago

The Recovery for the Travel sector in the UK including airports, aviation, airlines, travel agents and tour operators currently resembles a Z shape. That is, the sector has regressed backwards from the level it was in 2019, has rapidly contracted in size, many businesses are downsizing to cut costs, reduce fixed assets and slash staff numbers quickly in order to shore up cashflow (and their ability and sustainability to service their loans and debts). There is no return or rebound to 2019 levels of business forecast by many economists until at least 2023.