Money Talks: Return of the wheelie-bag
Money Talks from The Economist
The Economist
4.4 • 1.2K Ratings
🗓️ 16 February 2021
⏱️ 26 minutes
🧾️ Download transcript
Summary
Globetrotting had never been easier—then the pandemic brought it to a standstill. The Economist’s industry editor Simon Wright investigates how mass travel has changed the world and what it will take to get people moving again. Could this shock to the system be an opportunity to make the future of tourism greener, safer and more enjoyable?
With Michael O’Leary, CEO of Ryanair, James Liang, chairman of CTrip and Trip.com, Gloria Guevara, president of the World Travel and Tourism Council, and Brian Pearce, chief economist of the International Air Transport Association.
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Transcript
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| 0:00.0 | They're not authors, but they help you shape your financial story. |
| 0:04.0 | They're not an airline, but they connect global businesses across nearly 160 local markets. |
| 0:10.0 | They're not interpreters, but they listen to and understand their client's needs. |
| 0:14.0 | With global expertise and over two centuries of experience, |
| 0:18.0 | City provides tools, insights and guidance that helps clients thrive. |
| 0:23.0 | They're not just any bank, they are City. |
| 0:26.0 | Learn more at city.com slash we are City. |
| 0:33.0 | It used to be so simple. |
| 0:35.0 | Buy a cheap plane ticket, throw a toothbrush and a change of clothes in a wheelie bag, |
| 0:40.0 | grab your passport and off you go. |
| 0:44.0 | Globe trotting had never been easier. |
| 0:47.0 | Then came Covid-19. |
| 0:52.0 | You're listening to Money Talks from Economist Radio. |
| 0:55.0 | A weekly podcast on the markets, the economy and the world of business. |
| 1:00.0 | I'm Ratchnashan Bogue, with something a little different for you. |
| 1:04.0 | A glimpse into the future of travel and tourism. |
| 1:08.0 | I thought that that crisis wasn't going to be the worst experience in my life, |
| 1:12.0 | and how wrong I was. |
| 1:14.0 | I think it's a very exciting period. |
| 1:16.0 | I'm certainly the most exciting era in my 25 or 30 years of this business. |
| 1:21.0 | It's had to take on an extra $220 billion of debt. |
| 1:25.0 | That could be a real problem. |
... |
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