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Post# of 648882
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bar1080

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bar1080

Re: bar1080 post# 609639

Friday, 03/05/2021 9:29:59 AM

Friday, March 05, 2021 9:29:59 AM

Post# of 648882
Re; Airlines: "The firm adds: "We do not see the same [spending] pattern for lodging which may suggest that traditionalists are traveling to see family rather than take vacations. Spending at restaurants and bars increased modestly for this cohort recently relative to other age cohorts but there was little difference in brick & mortar retail spend."

All of which sounds like great news for airlines. The market, of course, has anticipated some of the specific trends that will play out as the economy re-opens with air travel being one of them. And while airline stocks were caught up in Thursday's sell-off, shares of major U.S. airlines like United (UAL), American (AAL), and Delta (DAL) are just a few percentage points off their 52-week highs."

https://finance.yahoo.com/news/seniors-returning-to-air-travel-morning-brief-110150405.html

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