Why Airline Stocks Are Falling Today
On a day when the airlines are focused on the future, investors remain fixated on the challenges facing the sector today. Shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), Delta Air Lines (NYSE: DAL), and Southwest Airlines (NYSE: LUV) all fell as much as 5% on Monday, a weak day for markets overall.
Airline stocks have underperformed since the early days of the pandemic. Travel was all but shut down as COVID-19 spread across the globe, and although demand has somewhat recovered since vaccine rollouts began, we are still looking at years before the industry fully recovers from the crisis.
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Source Fool.com
