One thing is for sure, travel is going to correct downward. 42% of the US doesn't have savings, 12% are on food stamps, 33% rely upon government assistance in some form, 40% only have social security, record household debt, record auto loans and record auto loan default rates. Government employees making six figures plus with 500k-800k+ mortgages in expensive areas are now smoking through savings. When the dust settles from this, post-Covid revenge travel will be over. The entitlement mindset of experiences vs financial security will be buried in hungry and restless nights of no sleep. Sure, the government has a few weeks to get it together before Thanksgiving, but the underlying issue of record deficits, massive asset bubbles in real estate and the stonk market have not yet reared their heads, not even close.

My .02, we are on the cusp of a reality check. I see contractors taking over ATC and significant reductions at the airlines, it wont be a good ten year run. I am leaving geopolitical instabilities out of it because they are going to be worse.