Better Buy: JetBlue or Alaska Air Stock?
According to a recent report from the International Air Transport Association (IATA), 2023 is when the airline industry is "expected to tip into profitability." Taking current economic uncertainties into account, it anticipates $779 billion in global revenue this year.
Despite macro concerns, the IATA affirmed that airlines "cut their losses in 2022" and that "there are plenty of reasons to be optimistic about 2023." Indeed, if pent-up travel demand continues like it has, and if fuel costs and inflation ease, airline stocks could see significant upside.
With that in mind, let's take a look at two players in this space and determine which makes a better buy.
Source Fool.com
