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