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American Airlines : U.S. airlines see recovery 'with legs,' shares climb to pre-pandemic levels


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(Reuters) - U.S. airline executives on Monday pointed to concrete signs of a domestic leisure travel recovery as a slowing pandemic drives spring and summer bookings, pushing shares to their highest level since the coronavirus crisis hit the sector a year ago.
We certainly are seeing the beginning of what feels like a very large uptick, said American Airlines Chief Executive Doug Parker, one of several CEOs speaking at a J.P. Morgan conference.
Ted Christie, CEO of budget carrier Spirit Airlines, said the recovery appeared to have legs.
Executives cited data showing that U.S. COVID-19 vaccinations are accelerating and have outstripped the number of positive cases, which are on the decline. ....

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