Why Airline Shares Are Falling Today
Airline shares are under pressure on Monday, weighed down by pessimistic news concerning the pace of both vaccine deployment and a new round of stimulus. Spirit Airlines (NYSE: SAVE) fell as much as 5.8% midday on Monday, while shares of United Airlines Holdings (NASDAQ: UAL), American Airlines Group (NASDAQ: AAL), Southwest Airlines (NYSE: LUV), and JetBlue Airways (NASDAQ: JBLU) each fell more than 4% apiece.