Airline stocks outperform, amid hopes U.S. will lift the EU travel ban 'soon'

Dow Jones2021-09-20

The airline sector fell, but outperformed amid a broader-market selloff, after reports that President Biden will soon lift the travel ban on Europeans, which was put in place early in the COVID-19 pandemic by former president Donald Trump. Stavros Lambrinidis, the European Union Ambassador to the U.S., tweeted Monday, "Hope there'll be a positive announcement soon."

The U.S. Global Jets ETF $(JETS.UK)$ slipped 0.04%, while the S&P 500 shed 1.4%. Among the more-active U.S. air carriers, shares of American Airlines Group Inc. $(AAL)$ rose 1.77%, Delta Air Lines Inc. $(DAL)$ eased 0.59% and United Airlines Holdings Inc. $(UAL)$ gained 0.56%.

The Biden administration agreed with its European Union officials to lift travel restrictions for vaccinated citizens, Politico reported, citing three senior EU officials.

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精彩评论

  • MetalGuru
    2021-09-27
    MetalGuru
    Finally 😎
  • JayChoong
    2021-09-21
    JayChoong
    [微笑] 
  • Kel9670ong
    2021-09-21
    Kel9670ong
    Even if the air space is re open there will be other measures to curb covid which market airfares too expensive to travel
  • Yangli
    2021-09-21
    Yangli
    Haha
  • Ping2joseph
    2021-09-21
    Ping2joseph
    Nice!
  • JoelLee
    2021-09-21
    JoelLee
    Please like and reply thanks
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