Wednesday, April 24, 2024
Airlines have become perpetual motion machines. The global economy is weak, fuel prices are rising, yet there is an apparently relentless demand for flying around the world. It’s an air travel boom. Here’s how to invest to profit from it… People all over the globe have flocked back to air travel as restrictions have ended […]
Sunnier days are returning to the global travel industry, especially air travel. Passenger traffic recovered dramatically in 2022, after collapsing in the first years of the coronavirus pandemic. While global air travel is still down about 20% from 2019, here in the U.S. it is pretty much back to pre-pandemic levels. Nearly 76 million people […]
Travelers are taking to the skies again, which means it may be time to buy oversold airline stocks. About 6.5 million people passed through TSA checkpoints over the last weekend, Barron’s reports. In addition, airline spending jumped 91% year over year in March. As Bank of America analyst Andrew Didora recently wrote, “We think the […]
Airlines seem poised for a revival, but how long before their stocks to take off? The U.S. economy is undoubtedly recovering from the coronavirus pandemic. Jobless claims are at their lowest level since the country essentially shut down due to slow the spread of COVID-19. What’s more, 40% of adults in the U.S. are now […]
