Governor Benjamin Diokno of the Bangko Sentral ng Pilipinas (BSP) has emphasized the need of…
Domestic travel recovery is almost complete; PH is prepared for increased demand.
Airlines are prepared for the pent-up demand, according to Civil Aeronautics Board (CAB) Executive Director Carmelo Arcilla on Friday. The country’s domestic travel recovery is currently very near 100 percent.
He stated that the international recovery is currently at about 70%, which is still fairly excellent in a public briefing. There is pent-up demand for travel, but other markets have not yet opened, he continued.
“Because of its “zero” (coronavirus illness 2019) policy, China serves as an illustration. In the past, there were over 100 weekly flights between the Philippines and China. Currently, there are only six flights per week connecting the two nations, “explained Arcilla.
He claimed that China, where between 1.2 million and 1.3 million Chinese are expected to enter the Philippines in 2019, is the country’s main market.
Singapore, the United States, and the Middle East are other recovering markets that significantly impact the local labor market. Since Turkey serves as a hub for flights to Europe, where the nation also sends labor, it is also a market that is rebounding, he continued.
“The unpredictable nature of markets makes it difficult for airlines to totally reduce fares. Because the aircraft fills up if demand is predictable, “explained Arcilla.
On the other hand, he emphasized that the airlines had been prepared for a high in travel.
“In the future, if you fly with us on any of our flights to or from the Ibang Bansa, they will either be canceled or delayed because we don’t have any Ibang Bansa airports or airlines serving our passengers base. The national airlines are currently being handled by Awa ng Diyos in the vicinity. (As you may have seen in the news, the canceled and delayed planes caused mayhem in other nations. Some airports abroad weren’t ready for the rush of travelers. By the grace of God, our airlines are ready, “said he.
Arcilla recognized that there were numerous flight cancellations around the nation but claimed that things were not as severe as they may be.
“Since there was no akalaing ganiyan or na magri-rebound, there was no matugunan ng airports or airlines with regard to the rush of travelers. (Because they were not prepared for the recovery in travel, some airports and airlines were unable to handle the rise in passengers, “added he.
Arcilla added that because there are health measures in place, the general public shouldn’t be reluctant to go.
In addition to providing a means of leisure, he claimed that travel benefits the economy by fostering consumer spending, which supports businesses and livelihoods.
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