Travel Stock Outlook Amid Omicron Variant

Published: Nov. 29, 2021, 10:40 p.m.

b'News of the Omicron variant of COVID-19 is weighing on airline and other travel-related stocks while at the same time boosting the healthcare sector. Travel industry experts Marc Lopresti and Caleb Silver discuss their outlooks for the sector after a robust Thanksgiving holiday weekend during which TSA screening numbers returned to 2020 levels. However, airlines are buried under $340 billion of global debt outstanding and face rising jet fuel costs as well as labor shortages.'