Senior Reporter
WITH the coronavirus vaccine rollout seen happening soon, 2GO Group, Inc. expects its business to start recovering in the latter part of the year, its chief operating officer said.
The vaccine rollout “will improve our business outlook as travel accounts for about 15% to 17% of our business,” 2GO Group Chief Operating Officer Waldo C. Basilla told
BusinessWorld via e-mail on Feb. 23.
“However, we’re expecting it to happen in the latter part of 2021,” he added.
The vaccine rollout is seen to result in a more lenient transportation system and more people getting employed and going to work.
“The opening up of the economy will also drive manufacturing and consumption. This will allow us to support our customers in production, as well as allow us to support the transportation of finished goods for both B2B (business-to-business) and B2C (business-to-customer),” Mr. Basilla said.