Consumer appetite for air travel has surged over the past year. Against this backdrop, let’s discuss the strong fundamentals of high-flying airliners, International Consolidated Airlines Group S.A. (ICAGY), Air Canada (ACDVF), and Air France-KLM SA (AFLYY) to see if they are worth buying this week.
Leisure travel returned to pre-pandemic bookings this spring. On top of it, airline executives, during a recent JPMorgan industry conference, expressed their optimism about strong demand and profits this year, despite higher costs.
