Spire's six most recent Spirethoughts.

Soybeans set to reap from global health movement
Global disruption of PPE supply chain
Demand for Masks is 10x production capacity
Asia’s demand for Air Purifiers increases as air quality worsens
APAC Silver Tsunami: Ageing Market worth US$4.56 trillion by 2025
Asian Flavours gain popularity

Airlines caught in Covid turbulence

The International Air Transport Association (IATA) estimates that the number of flights worldwide went down by 80% compared to the same period in 2019. While aircrafts are grounded, fixed costs continue to run, burning into airlines’ cash reserves.

Most large national airlines will likely survive, thanks to temporary nationalisations or massive cash injections. The outlook for low-cost or budget airlines, however, is uncertain.

Will consumers have fewer air travel options when the pandemic cloud clears?

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Spire Research and Consulting
Phone: (65) 6838 5355
E-mail: marie.teo@spireresearch.com

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