Is Travel Coming Back? Airports Have Busiest Days Since March 2020

Airline executives said they are starting to see a path out of the coronavirus pandemic as more passengers resume travel, following a weekend when airport volumes hit their highest levels in a year.

Delta Air Lines Inc. bookings began picking up five or six weeks ago as people have begun making plans for spring and summer, Chief Executive Officer Ed Bastian said at an industry conference Monday.

“We’ve seen some glimmers of hope over the last year, but they’ve been false hope,” Mr. Bastian said. “But this seems like it’s real.”

Airline stocks climbed Monday. Shares of United Airlines Holdings Inc. rose 8.3%, while shares of American Airlines Group Inc. climbed 7.7% and Delta shares rose 2.3%.

READ THE FULL ARTICLE

Source: The Wall Street Journal
Date of Article: March 15th 2021