RCL - Airline and cruise line stocks fall on concerns Delta COVID variant will push back recovery timeline
guvendemir/E+ via Getty Images Airline and cruise line stocks are slumping to start the week on concerns that the Delta variant of COVID-19 will slow down travel recovery and potentially extend the timelines for business and international travel to return to 2019 levels. The U.S. is averaging about 30K new cases a day in the last 7-days compared to the average of about 11K cases a day a month ago. Areas of the U.S. with a higher level of unvaccinated residents have seen a sharper rise in cases and hospitalizations. Some regions like Los Angeles have reinstituted mask rules for indoor public settings. Airline stocks (premarket): American Airlines (AAL) -3.39%, Delta Airlines (DAL) -2.65%, Southwest Airlines (LUV) -2.30%, United Airlines (UAL) -3.91%, JetBlue (JBLU) -2.56%, Hawaiian Holdings (HA) -1.33%, Alaska Air Group (ALK) -1.68%, Allegiant Travel (ALGT) -0.44%, Spirit Airlines (SAVE) -2.16%, Mesa Airlines (MESA) -0.25%, SkyWest (SKYW) -1.02%, Sun
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Airline and cruise line stocks fall on concerns Delta COVID variant will push back recovery timeline