Singapore and Australia airline stocks jump after talks on air travel bubble

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An air travel bubble would allow residents of Singapore and Australia to travel between both countries without the need for quarantine.

International travel routes have remained relatively limited since global borders stayed shut last year due to the Covid-19 pandemic.

Both Singapore and Australia appear to have brought the infection under relative control, while vaccination programs are also underway. "Singapore is currently in discussions with Australia on the mutual recognition of vaccination certificates and resumption of travel with priority for students and business travellers," the Ministry of Foreign Affairs in Singapore"We are also discussing the possibility of an air travel bubble which will allow residents of Singapore and Australia to travel between both countries without the need for quarantine," the ministry said.

Australian nationals can transit via Singapore without quarantine to return home if they travel on approved transit routes and comply with the state's public health protocols, the statement added.that Canberra is potentially looking at July for the travel bubble with Singapore. But according to a transcript of his remarks, he added that while talks are productive, the discussions are in early stages.

 

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