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Airline Industry Highs and Lows: First Quarter 2021 | ETF Education channel


April 25, 2021
For this Frank Talk, I decided to take a deep dive in the airline industry to see how it fared in the first quarter of 2021, one year after the start of the pandemic. The four major domestic airlines have all reported as of today, and even though big losses were expected, it’s clear to me they’re being managed extraordinarily well during these unprecedented circumstances.
Before I get into it, be sure to subscribe to our YouTube channel by clicking here.
Strengths
The best performing stock for the quarter in the Bloomberg World Airlines Index was JetBlue, up 32.67%. The low-cost carrier expanded its services during the quarter by introducing Paisly, a new website that allows customers to book hotels, vacation homes, theme park tickets and more. It also will begin transatlantic flights to London’s Heathrow Airport this summer. American Airlines said it turned cash flow positive in March on an adjusted basis after an increase in domestic and l ....

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US domestic air travel to normalise by 2022: report


By Pilar Wolfsteller2021-04-05T16:43:00+01:00
A new report from consulting firm Oliver Wyman predicts US domestic air travel will fully recover by early next year.
The company’s Airline Economic Analysis 2020-2021, published on 5 April, says air travel’s post-coronavirus recovery is moving more quickly than expected, as economic measures and the nationwide vaccine roll-out continue gaining traction.
Domestic travel will normalise by 2022, with business and international travel to return to pre-Covid levels one year later.
Early in the pandemic, aviation experts had feared the downturn would last five years or more.
Source: American Airlines
US domestic air travel to normalise by 2022, says Oliver Wyman ....

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