(01-15-2022, 06:16 PM)panamaniac Wrote: Pivot Airlines has postponed the launch of it's flights to Ottawa and Montreal.
https://flypivot.com/news/omicron-varian...t-airlines
Not too surprising. Economically, this pandemic is a serious challenge for anyone involved in business. Nobody wants to really take a huge chance when, for all we know, another variant will come along and worsen things. We've had alpha, beta, gamma, delta and now omicron which has really made it hard to economically invest/speculate in things...and now who knows what is next.
I have invested thousands into things like steel, transport, telecommunications etc last year because of the Biden administration and their hopes for the passing of their infrastructure bill. While that did indeed pass, the pandemic is still hitting them very hard so it's still hard to speculate how those stocks will go and now I'm hoping things don't crash again. Can't blame an airline in this country for wanting to hold off because Canada keeps resorting to hard - often nonsensical - responses to growing case numbers, as if we can still flatten the curve in 2 weeks by closing gyms and restaurants. The horse left the barn long ago. Hopefully, though, the economic side of things holds on for the most part, but there is going to be a lot of long lasting suffering in the coming years due to all of this.