TRAVEL businesses in Australia are going to need more than just an extension to the JobKeeper scheme if they are to survive past the COVID-19 pandemic.
That’s the subject of an editorial from our publisher Bruce Piper sent to travelBulletin subscribers today in our sister publication’s regular monthly e-newsletter.
Although AFTA’s strenuous efforts to have JobKeeper extended to 30 Jun 2021 are vital (TD yesterday), businesses in the industry need to consider how they will navigate the uncharted waters of the next 12 months because while the scheme helps keep people employed, other costs such as rent, insurance, GDS fees, utilities and more continue – not to mention the ongoing accrual of liabilities in the form of staff entitlements.
With 40% of travel agencies saying they currently plan to shut down in just over three months time, what will happen to existing bookings – does the industry need an “agent of last resort”?
These depressing but salient issues are canvassed in the new article at travelbulletin.com.au.
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Source: traveldaily