I would expect travel restrictions to certain regions to remain in place through 2022. Maybe even 2023. The US, western Europe, Canada, Australia, and S. America will bounce back the quickest. Much of Asia. Africa, the Middle East, Eastern Europe and Central America will take time.

That’s sort of the million dollar question for the legacies. When will business travel and international travel begin to recover? best guess is we’ll begin to see a recovery in business travel by the spring of 2022. International travel to Europe about the same time. Rest of the world? Who knows at this point...