Airline Shares Will End 2020 Down, But The Sky Did Not Fall And American Bankruptcy Chatter Turned Out To Be Nonsense - News Summed Up

Airline Shares Will End 2020 Down, But The Sky Did Not Fall And American Bankruptcy Chatter Turned Out To Be Nonsense


American Airlines jets sit at the gate in Miami on December 24. But airline shares have slumped badly in this coronavirus year, despite a rally that began in early November and brought near-40% sector gains. American shares had the most dramatic story line. “But there is a big unknown: how much business travel goes permanently online.”Will business travel fully recover? On Delta’s October earnings call, Bastian answered an analyst’s question about pontification regarding the business travel outlook.


Source: Forbes December 30, 2020 15:00 UTC



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