Vaccines could mean US, UK travel restarts ahead of Australia

Wednesday February 17, 2021

Corporate Travel Management has recorded a $36 million loss for the half-year and predicted travel restrictions in the UK and US could soon ease, well ahead of Australia, despite its better health record.

US and UK travel may resume more quickly because of vaccination rates. (Dave Hunt/AAP PHOTOS)

The loss meant no dividend would be paid adding to the pain for founder and managing director Jamie Pherous who has said previously that he relies on dividends from the company for a major part of his income.

Pherous said the increase in vaccinations in the US…

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