Kelly believes markets like the Philippines won’t be able to bounce back until residents in China are free to travel internationally again. - AFP
BANGKOK (Bloomberg): AerCap Holdings NV, the world’s largest aircraft leasing firm, is "very optimistic” people will travel in large numbers once borders open up and believes that will apply equally to South-East Asia, which is currently lagging the rest of the world, according to Chief Executive Officer Gus Kelly.
Travel in the US is already back to around 80% of pre-pandemic levels and in Brazil and South America, that figure was about 90% before Christmas, "so the rest of the world is moving on,” Kelly said in an interview from Bangkok with Bloomberg TV Thursday (Feb 17).
