In March, all major U.S. airlines’ CEOs signed an open letter and urged President Joe Biden to “end the transportation mask mandate and testing requirements https://www.cmcmarkets.com/en/learn-forex/what-is-forex for international travelers,” according to CNN. Last week, a federal judge lifted the mandate that required all passengers to wear masks.
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American Airlines Stock Surges 10% After Results Beat Expectations, Q2 Sales Seen Topping 2019 Levels
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- A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return.
- So investors interested in this sector might have to hold on to their stocks for the long haul to earn any fruitful returns.
- American Airlines’ recovery looks good, and it is capable to handle the demand ahead.
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