I think it is a good time to revisit eDreams given that they will soon have the anniversary of their 2021 Capital Markets’ Day, where the company formally laid out their plans to transition the business from a transaction-based business to a subscription-based business. Additionally, it is probably a good time given that there seems to be a massive chasm between the operational execution of eDreams and the stock price performance, which has been atrocious. Perhaps this article can assuage the concerns the market has regarding the company and its business model transformation.