QABSY - Things Are Looking Up For Commercial Airlines
- As of December 16, the NYSE Arca Airline Index was up nearly 4.5% for the month. This follows a spectacular 41.9% increase in November.
- For the year, class A shares of Berkshire are down 1.6%, significantly underperforming the S&P 500, up 16.5%.
- Only six months after Buffett made his exit from airline stocks, Pfizer announced that it had developed a safe, effective vaccine.
- Jetstarsays that it plans to operate more than 850 weekly flights across 55 routes byMarch 2021, which is 110% of its schedule pre-pandemic.
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Things Are Looking Up For Commercial Airlines