Airline shares took flight Monday after another weekend of positive data points suggesting travel demand is slowly returning and a positive write-up of the industry in Barron's.....(Spirit Airlines and Southwest Airlines)
We seem to be heading in the right direction, but investors need to remember we still have a long way to go. It will likely take years until travel volumes return to prepandemic levels, and it's possible some of the more lucrative parts of the business, including corporate business travel and international flying, will never be the same.
I've been saying for a while now that I think it is safe to buy airline stocks, but given the uncertainty that still surrounds the pandemic and the economy, it is best to take small nibbles and limit the buying to the top airlines in the sector.
www.fool.com/investing/2020/06/01/...-are-climbing-today.aspx