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| As Americans think about booking a vacation, RT’s Boom Bust asks if airlines are ready for a travel surge after a slow year | As Americans think about booking a vacation, RT’s Boom Bust asks if airlines are ready for a travel surge after a slow year |
| (about 1 month later) | |
| With Covid-19 cases falling, the vaccine rollout continuing apace, and restrictions gradually being lifted, millions of Americans are looking forward to traveling again. | With Covid-19 cases falling, the vaccine rollout continuing apace, and restrictions gradually being lifted, millions of Americans are looking forward to traveling again. |
| According to the US Travel Association, 72% of Americans are planning a summer trip this year, compared to 37% last year. However, despite the increase in demand, the airline industry is still expected to lose $48 billion in 2021. RT’s Boom Bust talked to travel writer Gary Leff to find out if the travel industry is seeing any new shoots of recovery. | According to the US Travel Association, 72% of Americans are planning a summer trip this year, compared to 37% last year. However, despite the increase in demand, the airline industry is still expected to lose $48 billion in 2021. RT’s Boom Bust talked to travel writer Gary Leff to find out if the travel industry is seeing any new shoots of recovery. |
| “The airline industry is basically ready, because the frontline employees that fly planes and work in the cabins were not laid off,” the founder of View from the Wing, a project of Miles and Points Consulting, said. | “The airline industry is basically ready, because the frontline employees that fly planes and work in the cabins were not laid off,” the founder of View from the Wing, a project of Miles and Points Consulting, said. |
| He added that, although those employees might not have been working, massive government subsidies helped those who didn’t opt for early retirement to remain on the payroll. | He added that, although those employees might not have been working, massive government subsidies helped those who didn’t opt for early retirement to remain on the payroll. |
| For more stories on economy & finance visit RT's business section | For more stories on economy & finance visit RT's business section |