The most exciting news this week was the establishment of a travel bubble between Singapore and Hong Kong. Beginning 22 November, this scheme will commence with one flight a day into each city with a quota of 200 passengers, gradually increasing to two flights per day from 7 December. For Singaporeans who have been starved of their usual holidays because of the COVID-19 pandemic, this news must come as sweet music to their ears. Unsurprisingly, this announcement also caused a surge in ticket prices for tickets to Hong Kong, with an economy-class ticket price shooting up from S$618 in the morning to S$810 by the afternoon. From an investment perspective, we feel that this news comes as a breath of fresh air for the aviation industry, which has been badly battered by border closures and lockdowns since early this year. With the establishment of this travel bubble, believed to be the world’s first, Singapore could see more of such arrangements being made with countries in the region....