RE:RE:Passenger traffic surpasses 2019 levelsYou are so wrong. I've talked about my distributions on SRV per month... over 1k per month (thank you doomsdayers) at over 20% per annum. How so? Because I bought when restos were shuttered and being sent to the woodshed by the market. How wrong everyone was. The springback has been giant. Indoor dining is back even with higher menu prices. The same will happen with travel. You underestimate human cravings and desires... and food and travel is right up there. This summer the travel to Europe will be off the charts even with higher airfares. By then, you will be gone in humiliation.
Returns2021 wrote: Lagging indicator. This is simply people reconnecting from Covid. It will end and the upcoming recession will crash travel demand.
flamingogold wrote: First time in 3 years where passenger traffic surpassed 2019 pre-pandemic levels. Expect the trend to continue into 2023 with more days to surpass old levels. The data speaks the truth. Meanwhile, the nutbar on this site will be gone by the 2nd half of this year. https://www.catsa-acsta.gc.ca/en/screened-passenger-data