From Yahoo Finance: 2025-04-01 12:58:00

The global airline industry suffered a $370 billion revenue loss in 2020 due to the pandemic, but it has been rebounding. In 2023, the aviation value chain showed improvement, with some sectors performing better than in 2019. US airlines saw a strong rebound in 2024, but recent data indicates a reversal.

By 2030, the US is predicted to become the largest outbound travel market, with China moving up to the third position. Global passenger traffic is expected to grow steadily, reaching 17.7 billion by 2043 and nearly doubling by 2045. The long-term outlook remains positive for the airline industry.

Sun Country Airlines Holdings, Inc. (SNCY) is a low-cost airline operating in the US and Latin America. It reported higher-than-expected earnings and revenues in Q4 2024. The company expects strong revenue and operating margins in Q1 2025, with plans to expand its fleet. While SNCY ranks 8th on the list of best airline stocks, AI stocks are considered more promising for higher returns.

The future of the airline industry looks promising, with global passenger traffic expected to increase significantly over the next few decades. Sun Country Airlines Holdings, Inc. (SNCY) has shown positive performance in recent quarters, with plans for further growth and expansion. However, investors may find greater returns in AI stocks in the current market climate.



Read more at Yahoo Finance: Is Sun Country Airlines Holdings, Inc. (SNCY) the Best Airline Stock to Buy Now?