United Airlines: Will Take Flight With Global Demand
While air travel demand cooled off during August, the regulations restricting international travel are on the verge of being relaxed. (UAL) led domestic carriers in international travel prior to the COVID-19 restrictions on flying outside of the domestic market. My investment thesis is very Bullish on the stock after a big sell off leading into a reopening of international travel for the vaccinated.
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Disclosure: Long UAL. Please review the disclaimer page for more details.
Update - Oct. 19
The airlines continue to report a strong boost in the business during 2022 while the stocks are still trading at the lows.