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Airline Stocks Are Taking Off!

Airline Stocks

With the opening of the country to international flights airline travel is poised for a bump, we’ll see how much the cost of fuel will hamper this increase. As outlined by Axios :

For airlines, one of the biggest remaining pieces of the recovery puzzle just fell into place — the ban that had killed most international travel lifted on Monday.

State of play: Stocks backing the U.S. airlines that most actively serve international markets — American, Delta and United — have surged by 13%-16% since President Biden signed the order on Oct. 25.

They’re approaching the highs reached back in May and June, before the spread of the Delta variant chilled travel — and reopening trades.