#airlines #summertravel #yahoofinance
Air travel broke records over the 4th of July holiday weekend, with the TSA (Transportation Security Administration) screening over 3 million passengers on Sunday alone. The Points Guy founder Brian Kelly joins Wealth! to discuss the state of air travel as the summer vacation season kicks off. Kelly notes that most airlines have increased their flights to Europe as consumer demand rises. Round-trip prices have also dropped, allowing more travelers to embark on their European vacations this summer. He attributes this travel boom to the increased accessibility of low-cost airline carriers and consumer spending. Kelly explains that consumers are “going on the deals, but they’re not paying the top dollar” for these vacations. He points to Delta Air Lines (DAL) and United Airlines (UAL) as well-positioned airlines as more travelers take to the skies: “Delta is going to consistently perform well as they pretty much always do, although they did revise their estimates down a little bit. United is the most global US airline, so I think they have the most upside to be had here.” For more expert insight and the latest market action, click here to watch this full episode of Wealth! This post was written by Melanie Riehl
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