Airline Stocks Crashed in 2022, Optimistic for 2023
Although U.S. airline stocks are upbeat about 2023, their enthusiasm comes after a year when no major airline’s stock rose. Rather, Spirit’s stock price was the best performing in 2022. They fell by 13%. Meanwhile, shares of merger partner JetBlue plunged 56%, the most in the sector. JetBlue spent the months of April to July…