Air travel jumps as vaccinations spur bookings, stocks surge

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Air travel on Sunday surpassed last year's levels but was still down more than 40% from 2019.

Carriers are growing more optimistic as vacationers return.

A Delta Airlines Boeing 757-251 approaches Washington Ronald Reagan National Airport in Arlington, Virginia on February 24, 2021.Air travel over the weekend hit the highest levels in over a year as vacationers return, boosting outlooks at several major carriers. The Transportation Security Administration screened more than 1.34 million people on Sunday, 86,000 more people than the same day a year ago, shortly after the World Health Organization declared Covid-19 a pandemic.

That figure was still 45% below 2019 levels, a sign the airline industry still has a long way to go before recovering to pre-pandemic levels. But TSA screenings over the weekend was the highest in a year.

 

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Lebeaucarnews Bubble behaviours Behavioural When lack of fundamentals and no MarginsofSafety compounded with low valuecapture clear of what lies ahead

Lebeaucarnews No thanks

$BA let’s go

I'm patiently waiting for the markets to crash. Oh, it's coming soon.

Haha

I am looking for new, good friends

Still a ways to go but encouraging

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