Lawrence Wong downbeat about the return of air travel anytime soon

Singapore

WHILE supply chains and trade have shown resilience during the Covid-19 pandemic, the outlook is gloomier for air travel, said Finance Minister Lawrence Wong at CNBC's Evolve Global Summit on Wednesday.

The minister, who co-chairs the multi-ministry taskforce on Covid-19, said he was "somewhat less sanguine about the prospects for air travel" compared to trade.

The region is still facing waves of infection, and vaccination rates in many countries are not…

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