Heard on the Street: 2021 is bringing a lot more of the same. That doesn’t mean travel investors need to universally pump the brakes.
We all wanted 2021 to be different, but it is bringing a lot more of the same. That doesn’t mean travel investors need to universally pump the brakes.
Ahead of an investor conference on Thursday, a handful of major airlines warned in regulatory filings that their third quarter may not look as rosy as hoped. United Airlines noted a deceleration in customer bookings for travel demand, while Southwest Airlines reported a continued softness in bookings—even in leisure—and elevated trip cancellations.
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