Why Airline Stocks Were Up Today

The airline sector is poised for a rebound in 2022, according to one Wall Street analyst, making it a great time to buy in. That has airline stocks that trade in New York soaring higher on Friday, with Delta Air Lines (NYSE: DAL), American Airlines Group (NASDAQ: AAL), Spirit Airlines (NYSE: SAVE), and Azul (NYSE: AZUL) all up as much as 5% during the session.

Airline stocks had a miserable 2020 due to the pandemic, followed by an uneven 2021 as initial optimism after vaccines were released was replaced by new worries about the rise of variants. As the year went on, investor sentiment concerning airlines got worse and worse.

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Source Fool.com