High Flyers

Anthony LoPinto

US airlines are providing important clues to the course of the economy. Fourth-quarter earnings reporting by the biggies, Delta and United, were positive. Better yet, United reported that large corporate flyers were up 11% in the first week of the year, usually a doldrum period. This is a particularly good indicator for the health of the economy because business travelers are on the road again, in force. If business is not cutting-back on travel, it is one of the strongest and most important signals that 2019 may be a repeat of last year with surprisingly strong growth. On the real estate front the indicators parallel the news in the sky. Recruiting activity continues to accelerate in the New Year. I am an optimist, so far.

SPONSORED JOB WMC Chief Executive Officer/CEO (WINNIPEG, MB, CANADA)The University of Manitoba has an opening for a CEO who will lead the overall planning and development of a new community, Southwood Lands, which has been designated by the City of Winnipeg as a Major Redevelopment Site. The CEO will direct the following: ownership structures and land reserves, standards and the University’s mission, potential revenue streams, opportunities to attract infrastructure, transit and other amenities, and opportunities to potentially advance or enhance Indigenous education, research, languages and cultures.