I have already started buying SYD shares. Current PAX data suggests that international pax is very much lagged and behind forecast, however domestic pax is accelerating and is beating forecast significantly. I think the worst is possibly over for Airports (what can be worse than shutting down air travel) and is a matter of when to reopening national and state border (and this won't be far away).
it will take 2022/2023 to recover back to pre-COVID-19 level of travel numbers, but stock will always run ahead of actual recovery. almost a sure win for next 12-18mths period.
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I have already started buying SYD shares. Current PAX data...
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