April 15, 2024

Eurocean 2004

Life is an adventure

The 7 Stages to the New Normal, revisited

WHEN I wrote the authentic write-up, 7 Stages to the New Regular, revisited – “the deficiency of progress haunts my thinking”, a lot of it was based mostly on conjecture and crystal ball gazing – admittedly guided by a long time of observation of our market.

It has been almost 18 months considering the fact that the first consequences of the world wide
pandemic strike us all. Recovery and hope was portion of the purpose to placing with each other
the 7 phases. With the profit of hindsight we can see that we have a a little bit
different, but in my see clearer, prognosis. However, the stages have mostly
stayed the similar. 

The most important transform has been that we now have a way out of the pandemic.
Vaccines are the video game changer listed here. But for intercontinental travel the axiom –
none of us are harmless until absolutely everyone is secure – applies. So, we have a
bifurcation that has occurred. Domestic travel in United states and China is rebounding
but Intercontinental travel stays in the doldrums. 

Finding again to a new standard (potentially not the great “new” ordinary)
needs greater administration. We have new friction to a return. Inconsistent
government principles and significant charges of testing are top candidates to this

But there stays one large factor that has become the elephant in the
room. Airways and govt stakeholders alike keep on to take care of the pandemic
as a non permanent problem. These players and the travelling general public will need to have
safety and the return of have faith in. Until that is sorted out, we will carry on to
have frustrated international journey. Small business Journey will not return. We will have to
discover to take a different definition of standard. 

The sooner we get there the far better for the total marketplace.

Timothy O’Neil-Dunne is a principal at 777 Associates, and the views expressed below are his possess.

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