Southwest Airlines Co.
LUV
6 Followers
25 July
Upcoming Earnings
16.12B
Market Cap.
42.09
P/E
My Notes
Začít psátFeed
Travel recovers in the United States after covid slump
On average, more than 2.5 million passengers traveled on U.S. airlines daily last week, the most since August 2019.
I myself was under the mistaken impression that travel had still not returned to pre-Covid levels. Even the situation in Europe is slowly approaching 2019.
Yet airline stocks are still low.($LUV-5.7%, $AAL-0.7%)
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I bought$DAL-2.9% and $AAL-0.7% right away in covid and they are one of my most profitable positions so far :) and I am also thinking of buying more... I don't see why they shouldn't go back to at least pre-covid numbers... it just takes time...