RYAOF - 5 Reasons Airline Stocks Could Be A Buy

• From a value investor’s perspective, the airline industry is on sale at a deep discount after losing more than 31% in 2020.
• Worldwide, new daily cases of COVID appear to be declining. The hope is that, by the end of summer, 300 million Americans will have been fully vaccinated against the virus.
• Total global ancillary sales plunged 47% in 2020 to an estimated $58.2 billion from $109.5 billion a year earlier, but actually rose on a per-passenger basis.
• By the end of July, China's airline passenger volume is projected to be at 90% of pre-pandemic levels.
• Airlines are beginning to add new routes to their networks to take advantage of voids left by competitors due to the pandemic.

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