In this piece, I evaluated two airline stocks, Delta Air Lines, Inc. (DAL) and Air France-KLM SA (AFLYY), to determine which is a better buy this July. Based on the fundamental comparison of these stocks, I believe AFLYY is the better investment for the reasons explained throughout this article.
After an unprecedented slump in demand for air travel during the COVID-19 pandemic, the airline industry is experiencing a significant rebound. Passengers returned rapidly last year, and the recovery continues in 2023 and beyond, primarily driven by pent-up demand for travel, despite higher airfares and other economic challenges. Also, business travel has been picking up.
