According to Ray Dalio, we're in the 7th inning of this super cycle. It's sort of unprecedented that this business cycle has lasted this long, the Fed is obviously trying to play catch up with rate hikes which only worsens debt servicing. Airlines/Travel industry are usually the worst hit when there's an economic downturn, bad timing I guess.
https://www.cnbc.com/2018/09/11/bill...mic-cycle.html