Just my humble two cents,

I don't think we've seen the worst of it yet. My gut feeling based on nothing factual except tea leaves and the Farmer's Almanac makes me worry that recessionary pressures on travel, higher than normal airfares, and exponentially higher energy costs will soften the travel market during the end of the 2nd Qtr and throughout the 3rd Qtr. The significance of this is that most passenger airlines re-fill their war-chest with cash to endure the long, lean Winter season. I hope to report later in the Summer that my tea leaves were wrong.

FF