I have the same view. USA is almost 75% vaccinated and you can see the resulting uptick in USA travel. With 14k approx trips globally in the last month, that would imply a run-rate of 42k trips a quarter now, which is about 40% of pre-covid levels. If you look at USA alone, its actually 50% of pre-covid levels.
That's a pretty solid result and alot of scope for that to further recover.
Ann: Market Update, page-5
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