Ireland's Aer Lingus says travel recovery slower than expected

Demand has been weaker than Aer Lingus expected five or six weeks ago amid continued coronavirus restrictions and opposition to international travel in Ireland, CE Sean Doyle said Monday. While most of the neighbouring United Kingdom is allowing travel to around 50 countries, Ireland has just 15 on its approved list and is demanding travellers from countries including Britain, Spain and the United States to quarantine. The government also continues to advise residents against all non-essential travel, even to approved destinations. “If we look at the wider demand, it is not recovering the way we would have hoped maybe five or six weeks ago .... The narrative around travel has been negative in the period,” said Doyle. Ireland’s success in attracting multinational foreign direct investment, which Doyle said was around five times higher than the European average, could be damaged. “We have built our economic model on being open for business, on being a global economy. I do think that we are taking that for granted at the minute and not understanding the consequences for that sector... if we don’t enable connectivity,” said Doyle, who was speaking at an Irish parliamentary committee.<br/>
Reuters
https://www.reuters.com/article/iag-aerlingus/irelands-aer-lingus-says-travel-recovery-slower-than-expected-idUSL5N2EZ4NW
7/28/20