Trading the recovery and sensitive stocks linked to the reopening following a month and a half of vaccine rollouts have benefited traders who have piled into these stocks, such as airlines. For example, U.S. Global Jets ETF (JETS) has more than doubled since March 2020 low but remains well off its 2019 highs. There are new indications from travel-data firm Cirium that show the recovery in airlines could be reversing, this could be bad news for traders who have piled into JETS.
Bloomberg, citing a new Cirium report, said the number of single-aisle aircraft in service has plunged since the beginning of the year amid a flare-up in COVID-19 cases across the country and fresh restrictions.
Cirium’s data showed single-aisle aircraft in service fell below the 8.8k mark on Feb. 5, a drop of 15% compared with Jan. 3 figures.
“Wide-body usage slumped 14% from a Dec. 19 peak, though bigger aircraft remain comparatively far less popular, with just half the number in service compared with pre-pandemic levels as long-haul travel remains largely out of bounds,” Bloomberg said, quoting the report.
Following months of soaring air travel numbers into the 2020 holiday season, U.S. passenger volumes dove in late January to their lowest levels in six months.
The plunge in air travel comes as the Biden administration rolled out new virus travel restrictions through an executive order that requires negative COVID-19 tests of all travelers into the U.S., as well as a one week quarantine period.
What could send passenger volumes even lower is the White Houses’ proposed plan to test domestic travelers for the virus.
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Emerson Barnes, executive vice president of public affairs and policy at the U.S. Travel Association, was not pleased this week with the Biden administration mulling over the idea of domestic testing.
“We really think that this is something that would really decimate the industry further,” Barnes said.
Heading into 2021, optimism was high for a rebound in global air travel, but that appears to be fading despite vaccine rollouts, with not just the U.S. air travel industry beginning to slump once more. Still, also Europe’s air travel industry “looks like a black hole,” according to a separate Bloomberg report.
“Tourism flows, on the whole, are not expected to recover to their pre-crisis levels in 2021 fully,” European Commission said.
More or less, reverting our attention to the JETS ETF, the question we ask readers: Is upside limited?
Most “Conservative” News Outlets Are on the Big Tech Teat
Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.
I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.
The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.
We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.
Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.
The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8
Our network is currently comprised of six sites:
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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.
Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.
While donations are the best way to help, you can also support us by buying through our sponsors:
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- MyPatriotSupply: Stock up on long-term food, survival gear, and other things that you’ll need just in case things don’t recover and we keep heading towards apocalypse.
We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).
Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.
Thank you and God Bless,