1 big thing: Dashed hopes for airline recovery | Friday, February 05, 2021
| | | Presented By Amazon | | Axios PM | By Mike Allen ·Feb 05, 2021 | Good afternoon: Today's PM — edited by Justin Green — is 385 words, a 1.5-minute read. | | | 1 big thing: Dashed hopes for airline recovery | | | Illustration: Sarah Grillo/Axios | | The airline industry's recovery suddenly looks rougher than expected, Axios Navigate author Joann Muller reports. The big picture: Forecasts that air travel would recover to 50% of pre-pandemic levels in 2021 now seem like a stretch. - "There's a recovery, but it's a much smaller recovery," Brian Pearce, chief economist of the International Air Transport Association, told reporters.
- His worst-case scenario: Air travel in 2021 hits just 38% of 2019 levels.
The new COVID strains have triggered renewed limits on cross-border travel and a dizzying array of quarantine restrictions. - An ominous sign: Booking for future travel slowed significantly in January, IATA reported.
- U.S. airlines are urging against pre-departure testing, saying it would limit travel access for low-income and rural communities.
The bottom line: Aviation isn't likely to return to pre-pandemic levels until 2023 or 2024. | | | | 2. 🏀 San Antonio gets women's tourney | | | Imani Lewis of the Wisconsin Badgers takes a shot against the Maryland Terrapins in College Park yesterday. Photo: Mitchell Layton/Getty Images | | San Antonio will host the entire NCAA women's March Madness, AP reports. - The tournament will feature the full 64 teams and will run from March 21 through April 4.
- The men's tournament is taking a similar approach in Indianapolis.
| | | | A message from Amazon | Amazon helps vaccinate thousands in its hometown | | | | Amazon has opened its Seattle campus to host pop-up clinics aimed at vaccinating the public against COVID-19. The results: So far, Virginia Mason Franciscan Health has vaccinated 4,600 people through two clinics at Amazon's Meeting Center. Learn about their efforts. | | | 3. Catch up quick | | | In the White House driveway today, reporters reflect in the glasses of House Financial Services Committee Chair Maxine Waters. Photo: Chip Somodevilla/Getty Images | | - The House narrowly approved the budget resolution that will be used as a vehicle for President Biden's $1.9 trillion relief proposal. Go deeper.
- Microsoft will suspend contributions for the 2022 election cycle to members of Congress who objected to the election results. Go deeper.
- The lawyer for detained Myanmar leader Aung San Suu Kyi says he was unable to meet with her. She is under house arrest after a military coup. —Reuters
- The Bloomberg-founded Hawkish political and data agency is shutting down. It was the first to warn ahead of Election Day about the "red mirage." Go deeper.
- New York now trails only Arizona in COVID-19 hospitalization rates, Bloomberg reports.
- 🎧 Axios Re:Cap interviewed Tampa Bay defensive lineman (and Husker legend) Ndamukong Suh. Listen here.
| | | | 4. Mass vaccination blitz | A man gets his vaccine at a vaccination hub in League City, Texas. Photo: Mark Felix/AFP via Getty Images - The NFL's 32 teams have pledged their stadiums as COVID-19 mass vaccination sites, commissioner Roger Goodell told President Biden. See the letter.
- The Defense Department will send more than 1,000 active-duty military personnel to support mass coronavirus vaccination sites. The Pentagon hopes the military can administer 450,000 vaccinations a day. Go deeper.
Photo: Mary Altaffer/AP Above: People stand in line at Yankee Stadium today to register for an appointment for their first dose of the COVID vaccine. - The mega-site is restricted to Bronx residents, as a way to boost vaccination rates in the New York City borough with the highest percentage of positive coronavirus test results.
| | | | A message from Amazon | Amazon urges Congress to pass the Raise the Wage Act | | | | An increase to $15 would help 32 million U.S. workers. It's the minimum Amazon pays its U.S. employees. And the company has seen the results firsthand, including: - Better employee morale and retention.
- A surge in job applicants.
- A ripple effect for local businesses and economies.
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