As Congress endures to debate the qualities of a second motivation package to help the economy, one expert says airlines shall require that and a third bailout to survive the pandemic.
After the primary CARES Act was presented in March and based on some assumptions, the next package will come out before the year’s end. However, there have been negotiations for months now and what is to be reported back is that the (third overall motivation package) should be presented in the first half of 2021.
Sir Sabato is the founder and director of the Center for Politics at the University of Virginia. He is a New York Times best-selling author, Emmy award winner, and is recognized as one of the nation’s most respected political analysts.
He was asked about how the travel industry will respond to the presidency of Joe Biden and Sabato has answered that it all comes down to the economy. “From what I have been told by public health officials, things are supposed to improve dramatically in mid-2021,” he mentioned.
Sabato believes that Biden will be well over 5 million in the plurality of the vote. “Everything Trump is saying is ridiculous. There is no extensive fraud. This was the most warlike election. Just moving ballots from one table to another had a Republican observer and a Democratic observer, that’s how an election unfolds” continued Sabato.
The next wave of another respite for the travel industry, travel traders, and other businesses involved could come by the end of the year, although it remains to be seen whether that would happen or not.
When talks hindered back in October, travel industry leaders stated an obvious disappointment. As we inch closer to the end of what has been a hectic year, one can only hope help is on the way sooner than later. What is there to be done but to wait and see?
