12 min listen
Travel Stock Outlook Amid Omicron Variant
FromSchwab Network
ratings:
Length:
8 minutes
Released:
Nov 29, 2021
Format:
Podcast episode
Description
News of the Omicron variant of COVID-19 is weighing on airline and other travel-related stocks while at the same time boosting the healthcare sector. Travel industry experts Marc Lopresti and Caleb Silver discuss their outlooks for the sector after a robust Thanksgiving holiday weekend during which TSA screening numbers returned to 2020 levels. However, airlines are buried under $340 billion of global debt outstanding and face rising jet fuel costs as well as labor shortages.
Released:
Nov 29, 2021
Format:
Podcast episode
Titles in the series (100)
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