Deramper or sage24 Jan 2023 13:03
Not posted for a little whilst and invested pre Christmas here. Tend to use this board to see if any interesting commentary, its always amusing when one person so obviously trolls anyone else, are "new" on the board and claim to be going away once a constantly revised exit price is achieved.
Unless someone offers you industry knowledge or insight, avoid. Stick to your convictions as they have no more detail on this than Liz Truss has.......
for what it is worth, i work in the travel industry, Peak season half terms et al all look strong with pre booking. The "shoulder" periods less strong, however the airlines dynamic pricing will support growth. They are also on great airport deals as the airports need the passenger volumes to commercialise. Win win for passengers who are traditionally in the highest demographic anyway. Travel stocks hardest hit, however have shored up balance sheets and have traded well. Recovery longer term in the industry as "need" to travel remains. 2008 last major recession saw huge fall off in travel, this recovered over the next 2 years. I expect similar rebound by 2024/5 . Budget carriers put simply have the best chance of survival and the holiday arm of the business will continue to grow and tap into the package hol market of TUI/ Jet 2. Good luck