Helloworld is considering the possibility that international leisure travel will not return to pre-pandemic levels until 2025, in the latest example of coronavirus wreaking havoc on industry.
The future date was factored into assumptions used by Melbourne-based Helloworld for the value of assets in its accounts, which detailed a full-year loss of $70 million.
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Liam Walsh writes on investigations and companies with The Australian Financial Review. He has won multiple media awards, worked in Japan and is now based in Brisbane. Email Liam at liam.walsh@afr.com.au
