Airline stocks have surged this weeks on signs of optimism about an uptick in travel demand after hitting lows because of coronavirus.
Airlines like Southwest, American and United are adding service as demand rebounds from six-decade lows.
A passenger aircraft of the airline American Airlines is in a climb shortly after takeoff at Frankfurt Airport.Airline stocks are headed for their biggest weekly gains ever on hopes of a rebound in the U.S. economy and air travel demand. The NYSE Arca Airline Index, which tracks 16 airlines, mostly in the U.S., is up nearly 50% this week — its biggest weekly percentage gain ever.
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