From an investment perspective of the global airline and travel sector, JETS (an index of major airline and airports) still not fully recovered since pre-pandemic levels, despite record revenues in the sector.
Very interesting to see clear winners and losers with a bifurcation from the SPX/basket of major airlines and travel techs (AWAY)
The strength of travel leaders such as AMS and RYAAY very apparent in the financial markets with Ryanair exceeding pre-covid highs and Amadeus making a swift recovery, however SABR still at -80% growth since the pandemic.