Tony Fernandes, Group CEO, Air Asia has said that intercontinental travel is going to take a hit for a while. “It will come back. However, I think long haul hub carriers will not recover as quickly as low-cost carriers, not because we’re better, but just the market is going to change. I think people would rather jump on a plane to Phuket, or even domestically, than schlep all the way to Australia,” he said while speaking at CAPA Live event.
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