As we enter a holiday-shortened week, investors may be keeping an eye out for travel stocks. For one, travel restrictions in various countries have largely been lifted thanks to strong global vaccination efforts. With consumers being stuck at home for the past couple of years and the summer season incoming, who couldn’t use a vacation right now?
According to a report by the International Air Transport Association (IATA), return to profitability has started to regain its momentum in the aviation industry. In the report, the IATA upgraded its financial outlook for the airline industry for the year. Besides that, it also forecasts the industry to narrow its losses this year. Given these prospects, here are five travel stocks to watch in the stock market today.
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