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On the Beach: storm clouds ahead

Despite the rollout of vaccines, the sun will not rise for travel agencies yet
On the Beach: storm clouds ahead
  • On the Beach has swung to a loss as Covid-19 halted travel
  • While the online business is better positioned for a recovery than its peers, bigger turbulence is ahead for packaged holiday providers
IC TIP: Sell at 357p

The 1959 post-apocalyptic flick On the Beach sees Gregory Peck's character washed up in San Francisco Bay to find most of mankind wiped out by nuclear war. While the coronavirus pandemic has not been as devastating for the human population, it has left beaches similarly deserted.

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