the depression has started , page-17

Since its high about 50 before the GFC, the Marriott share price has fallen to under 40. So a 20% loss over the last four years.

Qantas shares fell from 1.80 to 1.00 from late March to early June this year.

From mid March to late June this year, Virgin Australia shares fell about 20%

From mid May to early June this year, Air New Zealand shares fell from the mid 70s to the mid 50s.

I am surprised with all the planes being full of pax so many regional airlines are doing so bad. Speaking of regional, REX fell over 10% between Mid March and early May this year.