Since Covid-19 became pandemic, the world has been facing
several and even unexpected crises. Economies have collapsed, and many major
industries have been affected severely due to the restrictions. Traveling industry
is a major one of them.
Even the shares and profits of the largest aviation in the
globe have declined drastically in the previous months. However, while some of
the countries are successfully recovering from this pandemic, their officials
are lifting up the restrictions. Travel ban from many countries has been
released but with all the precautions. In the previous week, American Airlines
noticed an impressive boost in their shares by almost 40 percent due to flight
bookings for the month of July.
Not only American Airlines, but other airlines of the world
are also jumping up back by several percents. However, the climb up of the
aviation industry is not effective enough as the airline stocks are lagging way behind the
cruising altitude. The industry has to go a long way to return back to the
level where it stood before the pandemic.
Infographic by: Statista.com
