Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery
Discount Airlines Tap Stock Market as Investors Bet on Travel Recovery
Frontier Airlines, Sun Country raise hundreds of millions in IPOs a year after the Covid-19 pandemic crushed air travel
published :
3 Apr 2021 at 11:43
14
A United Airlines Boeing 737 MAX airliner on the ramp at Renton airport adjacent to the Boeing factory in Renton, Washington. United Airlines announced on April 1 it will immediately start hiring pilots, beginning with a group of 300, to be ready to meet growing demand for air travel. (Photo: AFP)
As air travel shows more signs of rebounding from its pandemic lows, airlines that focus on offering cheap fares to leisure travelers are cashing in on the stock market.