Airlines stocks rebounds, as passengers return to traveling
Airlines in line to rebound as demand for travel surges again
When it comes to air travel, U.S. consumers have put the pandemic behind them.
Tweet on Airlines stock rebound
Airline stocks have been a bright spot this year: American Airlines shares are up 27%, while United Airlines stock has advanced about 30%.#airlines #stocks pic.twitter.com/eX7J7lcDwp
— The_Journalbiz (@the_journalbiz) February 1, 2023
A daily average of 1.953 million passengers passed through Transportation Security Agency airport checkpoints in January, according to data from the agency.
- That’s up 32% from a year earlier.
Last month’s tally is down just 1% from January 2020, shortly before the onset of the Covid-19 pandemic triggered a slew of travel restrictions.
The three biggest U.S. carriers are dialing back their flight growth ambitions.
Airline stocks have been a bright spot this year: American Airlines shares are up 27%, while United Airlines stock has advanced about 30%.
