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This is when ASX airport shares will take off
Tony Yoo | December 11, 2020 10:50am |
More on:
Flight Centre Travel Group Ltd (ASX: FLT) making a roaring comeback.
But what about those poor airports? COVID-19 completely killed off flying and devastated these usually reliable infrastructure shares.
The
Sydney Airport Holdings Pty Ltd (ASX: SYD) share price is still down 25% compared to January, and
Auckland International Airport Limited (ASX: AIA) is negative 13% for the same interval.
Interstate borders have now almost completely reopened, and there is some hope for international travel with multiple vaccines in the pipeline.
So is it worth holding airport shares in anticipation of a looming revival?
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