It’s pretty clear (well most LH I’ve spoken to can see the reality) that International full blown reopening won’t occur until 24. 2023 we test the waters. Alan has been leading the media on a bit, his balance sheet is quite ugly so probably warranted.
We will still be cycling major outbreaks and the unknown for the next 12 months.
Will need to be some consolidation on the Domestic front. I’ve seen a drop off in loads in the last few weeks, they will need to move away from just trying to fill seats with over capacity to actually making some cash, if that half of the business is dead for the medium term.