Trans-Tasman bubble no silver bullet for tourism

Air NZ can expect to face tough competition on the Tasman.

Thu, 08 Apr 2021

Two-way quarantine-free travel over the Tasman will help soften some of the harder blows hitting local tourism and travel operators, but analysts don’t expect it to be a panacea for the sector’s ills.Forsyth Barr and Jarden analysts expect to see some improvement in the fortunes of listed operators but aren’t upgrading stocks quite yet.That’s because while the travel bubble will provide a short-term earnings boost for firms struggling against the covid-19 pandemic’s impacts, competition will be tight and the realit...

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