Well, the upturn is in full effect, with the news from Singapore Airlines has made a first-quarter profit of 253 million Singapore dollars ($184.7m; £119m).
Singapore Airlines put this down to a rise of passenger and freight traffic – which is good to see, and are expecting these numbers to hold for the remainder of the year.
Passenger numbers climbed by 5.5% in the first quarter, while cargo space usage rose from 60.6% a year ago to 65%.
Well, maybe the recovery has arrived. Let’s just hope we don’t hit a double-dip recession…