Why Airline Shares Are Flying High Today
The pandemic-era mandate that masks be worn on public transportation appears to be on its way out. The news, coupled with lower oil prices, has airline stocks soaring on Wednesday, with American Airlines Holdings (NASDAQ: AAL), United Airlines Group (NASDAQ: UAL), and JetBlue Airways (NASDAQ: JBLU) all up about 5% apiece.
The airline industry struggled during the pandemic, and has been slowly on the mend since the rollout of the first COVID-19 vaccine. But the recovery has been choppy, with the constant threat of a new variant or an uptick in cases ever-present in investors' minds.
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Source Fool.com
