Travel bookings more than doubled a day after Singapore announced it is relaxing its border measures, says Traveloka.
Above news from CNA.
Once Singapore announced relaxing its borderI guess travel activity will be double or triple because most of the resident here already stoptraveling for 2 Years. Plus those who work here also will try to go back to their hometown, so I believed $SINGAPORE AIRLINES LTD(C6L.SI)$ will post a good result in next coming quater.
Even if you go to Changi Airport, you can see the flight schedule there. Taxi uncle also rushing to airport so I guess travel industry is slowly coming back.
When you walk on the street, you may feel tourists are coming back to Singapore.
Not to miss also related stop like $SIA ENGINEERING CO LTD(S59.SI)$and $SATS LTD.(S58.SI)$, I guess they will follow SQ price also.
Target price for SQ, I guess can more than $6.
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