Why Airline Stocks Are Under Pressure Today

Why Airline Stocks Are Under Pressure Today

Shares of American Airlines Group (NASDAQ: AAL), United Airlines Holdings (NASDAQ: UAL), and Spirit Airlines (NYSE: SAVE) led the way with 5% declines, and shares of Delta Air Lines (NYSE: DAL), Southwest Airlines (NYSE: LUV), and JetBlue Airways (NASDAQ: JBLU) were all down 4% or more. Airline stocks after a miserable 2020 have enjoyed a rebound in 2021, fueled by hope that as the pandemic fades demand for travel will return.