Why Boeing Shares Are Flying High Today
One of the world's most important aviation markets is easing COVID-related travel restrictions. Shares of Boeing (NYSE: BA) are taking off as a result, up as much as 6% on Tuesday.
The pandemic hit airlines and their suppliers hard, and around the globe the rebound has been uneven. While the U.S. domestic aviation market is seeing strong demand for travel this summer, other places including China remain restricted.
On Tuesday, China released an updated protocol that calls for inbound traveler quarantine times to be reduced by half. Travelers will now be required to spend seven days in a quarantine facility, down from a 14-day hotel quarantine previously required.
Source Fool.com
