Advisory: Be careful of what you read on social media. The algorithms used by these platforms have no regard for Biblical truth. They target your emotions to keep you engaged on their site so their advertisers can drop more ads. These platforms exist to enrich their stockholders. Consider God’s promise to Believers in James 1:5, “If any of you lacks wisdom, you should ask God, who gives generously to all without finding fault, and it will be given to you.”
Featured Story
Back, at Least Until the World Submits to His Vaccine/Microchip Demonic Program, It’s amazing to watch major corporations CEOs except the fact that Bill Gates and his comrades killed the economy for one purpose, to bring on the New World Order through Covid 19 and the vaccine microchip revolution.
These CEOs set on their fat butts cry a big sob story to the federal government for funds to bail him out, guess what folks, that’s our tax dollars, there’s a lot of things going to change in the near future, the truth is starting to shine through.
Microsoft co-founder Bill Gates predicted Tuesday at the New York Times’ Dealbook conference that coronavirus will fundamentally reshape business travel and the office experience forever.
Gates told Dealbook editor and CNBC host Andrew Ross Sorkin that “my prediction would be that over 50% of business travel and over 30% of days in the office will go away.”
The billionaire philanthropist said there will be a decline in business trips now that remote working from home has become more feasible.
“We will go to the office somewhat, we’ll do some business travel, but dramatically less,” he said.
Gates’ outlook on how corporate America travels is terrible news for the airline recovery. It also comes as a second coronavirus wave ravages parts of Europe and the US.
A new Moody’s report writes that a resurgence in virus cases and more restrictions and lockdowns in western countries will translate into lower passenger demand in the coming months, and well into 2021.
Moody’s projects 2021 revenue passenger kilometers will only reach about 40% of the 2019’s level of 8.7 trillion – a far cry from the “V-shaped” recovery global capital markets are currently pricing in because of several vaccine headlines in recent weeks.
The report also mentioned that corporate travel would remain depressed through 2021. A recovery for corporate travel might not occur until late 2023.
It almost seems that the virus plandemic has ushered in a new order in how the global economy functions. As hinted by Gates, business travel might never recover back to 2019 levels, and the days at the office are over for some as remote working dominates corporate America.
To summarize, lagging corporate travel is bad news for airlines that will experience continued pressure on operating margins and cash flows – likely an airline bust or some consolidation wave is ahead. Not too long ago, we mentioned which airlines are most at risk of failing within 24 months.
Source: HNewsWire ZeroHedge HNewsWire HNewsWire HNewsWire HNewsWire
StevieRay Hansen
Editor, HNewsWire.com
Watchmen does not confuse truth with consensus The Watchmen does not confuse God’s word with the word of those in power…
These Governors and Politicians Are Caught up in Their Own Destruction, the Plandemic of All Scamdemic Has Turned on Its Creators and Will Wreak Havoc…
Tagged In
Newsletter
Must Read
Other Sources
Latest News
God Directs His Wrath Against Two Things “Impiety” and “Injustice.” Impiety
or ungodliness Lack of piety or reverence, especially for GOD godlessness, ungodliness, unholiness, irreligion, sinfulness, sin, vice, immorality, unrighteousness, sacrilege, profaneness, irreverence, disrespect; apostasy, atheism,…
Read More
Satan Soldiers At Biden Administration Officials in Kabul Gave the Taliban a KILL List
Names of American Citizens, Green Card Holders and Afghan Allies to Grant Entry Into the Militant-Controlled Outer Perimeter of the City’s Airport — They Just…
Read More
Satan Soldier Biden Can’t Keep His Story Straight — Satan Four General Delivers Surreal Press
Conference, Vows To Hunt Down Isis, Blames Trump… The collapse of the Afghan government settled any doubts about whether intellectuals are some of Washington’s biggest…
Read More
Don’t Mess With Texas — Gov Issues New Ban On Vaccine Mandates As FDA Fully
Approves Kill Shot Pfizer Jab… Texas Gov. Greg Abbott issued an executive order on Wednesday barring any state or local mandates requiring people to be…
Read More
Up-Date 7/11/2021 Plagues Are Marching Across Asia Simultaneously: Corona-virus, African Swine Fever
H5N1 Bird Flu, & H1N1 Swine Flu… 7/9/2020 The Florida Keys reports 11th case of mosquito-borne dengue fever Forget the coronavirus, say hello to dengue…
Read More
We make every effort to acknowledge sources used in our news articles. In a few cases, the sources were lost due to a technological glitch. If you believe we have not given sufficient credit for your source material, please contact us, and we will be more than happy to link to your article.
