- Since April 1, 2020, the airline sector ETF has settled into a long and volatile 6-month sideways consolidation.
- However, TSA daily Passenger data has increased 800% since the April lows.
- Passengers are becoming more comfortable with flying again because airlines and airports have ramped-up cleaning protocols, and require masks for all passengers.
- Two recent medical articles assert that air travel is very safe, and has yielded only 42-44 cases of transmitted Covid-19 WORLDWIDE.
- A wildcard for the airlines is Pfizer's new vaccine. The company could apply for FDA emergency approval as soon as late November 2020, and release it in January 2021.
For further details see:
What If They Were Wrong About The Airlines?