The Strength of Air Travel: A New Normal

All three major airlines are doing much better than expected. delta and united worth buying even after these runs both stocks are trading roughly at seven times next year's earnings estimates i like them cheap a classic sign wall street doesn't trust the numbers though however scott curby's right about a new normal for air travel then the estimates may actually put to be too low. New behavior has changed post-covid travel including travel overseas to take advantage of the strong dollar it may make up for a more recession resistant group but you got to be careful when you own the airlines meaning take profits gradually along the way jump out of the plane if the industry starts facing real terminals  i think the strength