Preparing for Takeoff
Airline ETFs and stocks have been on a wild ride for the past two years. Here’s why investors should consider holding on for 2022. Where travel has been and where it’s going Air travel has had a turbulent past two years. The travel industry bore the brunt of the economic fallout from the Covid-19 pandemic, and airline stocks were hit hard. Lockdowns and travel restrictions brought air travel to a near-halt in 2020, and its choppy comeback has paralleled Covid’s fluctuations. Covid continues to impact air travel, with lengthy airport wait times due to staff shortages and layoffs. Travelers must keep track of ever-changing guidelines and arrange for pre-flight testing before departure, testing upon arrival, changes in masking policies, and vaccine requirements. Airlines have...