Struggling airlines Qantas and Virgin Australia are on the cusp of boom time with news a coronavirus vaccine is close, an aviation boss has predicted.
Ryanair supremo Michael O’Leary has rubbished aviation industry forecasts that the sector will take years to recover from the pandemic downturn.
“There’s going to be an enormous snapback on travel demand,” Mr O’Leary, an Irish billionaire businessman never afraid to swim against the tide of popular opinion, said.
Speaking at the World Travel Market conference, he said Ryanair expected air passenger numbers to bounce back to almost normal levels by the middle of next year.
“I’ve heard a lot of rub…
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