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Analysts mixed on SATS despite potential Covid-19 vaccine, air travel bubble

Jeffrey Tan
Jeffrey Tan11/16/2020 01:55 PM GMT+08  • 2 min read
Analysts mixed on SATS despite potential Covid-19 vaccine, air travel bubble
DBS Group Research reckons that a recovery to pre-Covid-19 levels for international air travel could occur in 2022.
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Analysts are divided on the prospects of SATS despite positive news for the aviation industry.

On Nov 9, Pfizer and BioNTech reportedly developed an experimental Covid-19 vaccine that is more than 90% effective in eliminating the virus.

Two days later, Singapore announced it will begin air travel bubble flight with Hong Kong on Nov 22.

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