Air traffic is waking up from its greatest crisis. For the first time since the pandemic, the industry will be in the black again in 2023. In general, airline stocks lack investment quality. But there are candidates for short-term speculation.
Hardly any other industry has been hit as hard by the pandemic as aviation. When many cities went into lockdown, business customers could no longer be visited and instead of long-distance travel abroad only local recreation destinations were accessible, air traffic almost came to a standstill in spring 2020. A large part of the costs continued to be incurred (leasing, wages, rent), but the income simply stopped overnight. Most airlines only survived thanks to state aid or because investors were willing to inject new equity.