After almost three years in the doldrums, what is the status and outlook for the long-distance travel sector? This question is the key motivation behind this report, a follow-up to a similar report produced in 2021. The first section covers the market situation and post-Covid recovery in 2022. In particular, we focus on the recovery of aviation, and provide airline industry forecasts for 2023. In the second section, we outline the results of our consumer sentiment survey.