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DISRUPTION TO WORLD TRAVEL Tourism is a vast industry, with many countries, regions, and cities depending upon visitors to keep themselves afloat economically. Disturbances such as the coronavirus have such a spiraling and far-reaching effect, and it is difficult to quantify in its entirety. The U.S.-based Global Business Travel Association said


two-thirds of polled members had postponed at least a few events, while 95 percent had suspended or canceled most or all trips to China and 23 percent to European countries. Here is an excerpt from their recent announcement: “The coronavirus has the potential to threaten the entire global business travel industry. According to a new lightning poll released today by the Global Business Travel Association (GBTA), the virus could potentially cost the industry $46.6 billion per month. That translates into $559.7 billion annually or 37% of the industry’s total 2020 forecasted global spend.” The U.S. Travel Association states that about 3 million Chinese tourists visited the USA in 2018 (although this represents a decrease over recent years). They spend approximately an average of $6,700 per person per trip, which is 50% more than other foreign tourists. Expect this to fall further still, and impact travel-related businesses in the USA.


BE CAREFUL As we have seen with previous global contagions (SARS, MERS, etc.) they are unpredictable and have wide-ranging economic effects. Travel and business will return to normal, but each such event changes the world, creating the need for more precautions and added health processes and procedures to handle an increasingly traveling public. Stay aware, and wash your hands.


John Pawlicki is CEO and principal of OPM Research. He also works with Information Tool Designers (ITD), where he consults to the DOT’s Volpe Center, handling various technology and cyber security projects for the FAA and


DHS. He managed and deployed various products over the years, including the launch of CertiPath (with world’s first commercial PKI bridge). John has also been onic FAA 8130- 3 forms, as well as in defining digital identities with PKI. His recent publication, ‘Aerospace Marketplaces Report,’ which analyzed third-party sites that support the trading of aircraft parts, is available on OPMResearch.com as a PDF download, or a printed book version is available on Amazon.com.


S.E.A.L. AVIATION


For Aircraft Parts Global Aviation Specialized Services


When it comes to aircraft parts, inventory matters! That’s why Seal stocks a huge amount of aircraft parts on site ready to go for installation in your aircraft. This means your aircraft is back in the air quickly instead of on the tarmac waiting for parts.


A Large And Well Stocked Inventory Uncommon Parts At Reasonable Prices


Quick Order Times On Rare Parts We Do Not Have In Stock


Trained Parts Staff Always Ready To Serve You


Competitive Pricing


A Veteran and Family Operated Company www.sealaviation.com | sales@sealaviation.com


954-492-3522


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