JRNY - Strong Airline Demand Gives Wings To The Travel Industry

• Short-term trends in airline bookings are not as foretelling as they have been in the past - new variants of COVID-19 have stalled the recovery in the travel industry from what the market thought would be a strong upturn, and many travelers are either delaying travel or booking last-minute travel due to uncertainty in travel restrictions and closures.
• Longer-term industry forecasts, however, point to strong underlying fundamentals and expectations for air travel demand to return to pre-pandemic levels within the next couple of years.
• With returning strength in airline demand, hotels and the rest of the travel and leisure industry could benefit from the updraft, providing an opportunity for investors with a broad-based position in the travel industry.

For further details see: