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4 Airline Stocks to Avoid as a New Covid-19 Variant Spreads -Breaking

by Mike Robinson

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© Reuters. Here are 4 Stocks of Airline Companies to Avoid in a New Covid-19 Spread

As another deadly COVID-19 variant begins threatening the global population—with the specter of renewed travel restrictions again rearing its ugly head—we think it could be wise to avoid airline stocks like Delta Air Lines (NYSE:), Ryanair Holdings (NASDAQ:), United Airlines Holdings (NASDAQ:), and Azul (AZUL) for the time being. Let’s discuss.The travel industry seemed just a few days ago to be on the cusp of renewal, with the Transportation Security Administration (TSA) screening nearly 2.5 million people during the Thanksgiving season. The TSA’s screening number was the highest since February 15, 2020. The COVID-19 micron variant has raised deep concerns and airlines are trying to find a way through a degrading travel landscape.

Additionally, the Biden administration plans to make travel restrictions from South Africa as well as seven other countries more difficult for Americans. In the coming months, this is likely to have negative consequences.

We believe it is prudent to stay away from airline stocks Delta Air Lines, Inc., Ryanair Holdings plc, United Airlines Holdings, Inc., and Azul S.A.

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