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Airlines executives said they were starting to see a way out of the coronavirus pandemic as more passengers resumed travel, after a weekend when airport volumes peaked in a year.
Delta Air Lines Inc.’s bookings started increasing five or six weeks ago, as people started making plans for the spring and summer, CEO Ed Bastian told a conference on Monday. Of the industry.
“We have seen a few glimmers of hope over the past year, but they have been false hopes,” Bastian said. “But it seems to be real.”
His comments came after a weekend when airport volumes hit their highest level in a year, according to the Transportation Security Administration.
Airlines shares climbed on Monday. Shares of United Airlines Holdings Inc. rose 8.6% to $ 61.13, while shares of American Airlines Group Inc. climbed 7.7% and those of Delta by 3.3%.
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