Airline stocks cleared for takeoff, but turbulence ahead

Airline stocks cleared for takeoff, but turbulence ahead

  • The S&P 500’s airline index, which includes American Airlines and other major carriers, has jumped nearly 25 percent so far in 2021 as vaccine distribution ramps up
  • Airlines for America estimates that airlines will spend $151 million of their reserves each day during the first quarter of 2021 as demand remains low
By AP ·