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December 20, 2020 Airline stocks are on track to record their third straight month of gains on hopes that the coronavirus vaccine will help normalize commercial air travel sooner rather than later. Investors are also betting that U.S. carriers may be in line to receive additional relief in the stimulus package currently being negotiated in Congress. As of December 16, the NYSE Arca Airline Index was up nearly 4.5% for the month. This follows a spectacular 41.9% increase in November—airline stocks’ biggest monthly jump on record—and 1.6% increase in October. A Congressional relief pack...

Airline stocks are on track to record their third straight month of gains on hopes that the coronavirus vaccine will help normalize commercial air travel sooner rather than later. Investors are also betting that U.S. carriers may be in line to receive additional relief in the stimulus package currently being negotiated in Congress. As of December 16, the NYSE Arca Airline Index was up nearly 4.5% for the month. This follows a spectacular 41.9% increase in November—airline stocks’ biggest monthly jump on record—and 1.6% increase in October. A Congressional relief package has seen delay a...