Air Bookings3Q24 is expected to be the last quarter of weak air bookings, before an acceleration in 4Q24.
Capital ExpenditureThe debate will focus on Hospitality momentum and commentary that feels even more skewed to investment, and whether this has any implications for future capex.
Hospitality PerformanceGDS bookings/revenues were 2% ahead of expectations, which helped pay for 2-3% underperformance in Air IT and Hospitality.