Airlines

Travel stocks slump, with airlines, cruises, hotels tumble

Air travel in the United States hit another pandemic-era record over the weekend as vacationers jammed airports, but shares of airlines, cruise lines, hotels and almost anything else related to travel tumbled Monday on growing concerns about highly contagious variants of coronavirus.

The Transportation Security Administration said it screened more than 2.2 million people at airport checkpoints on Sunday, the highest number since early March 2020, when the pandemic was beginning to crush travel in the U.S. That topped a record set just two days earlier and was the fourth peak recorded in July.

However, Sunday’s mark was still 18%

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Travel agencies, cruise lines and airlines gear up for rebound in bookings

As the pace of Covid-19 vaccinations is ramping up, so is consumer confidence — and with it, a surge in travel bookings for later this year and for 2022.

“Many travelers are feeling optimistic that they will be able to vacation abroad this year. Many people are already actively planning their next big trip — even for trips more than four months out,” said Shibani Walia, senior research analyst at Tripadvisor.

2020 was the worst year in history for air travel demand, according to the International Air Transport Association, with global passenger traffic falling more than 65 percent, compared

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Airlines and travel agencies expect travel to pick back up in 2021

SALT LAKE CITY — After record losses in the travel industry, some are seeing record deals and promotions offered as customers begin booking flights.

The trips cancelled of 2020 are now becoming the trips booked of 2021.

In his forty years in the travel business, Larry Gelwix, CEO of Columbus Travel, said he’s never seen travel deals like he’s seeing now.

“We are seeing really good things at Columbus Travel as far as future bookings, really picking up in the second quarter, particularly in May,” said Gelwix.

The most popular bookings have been domestic flights.

“Hawaii, Florida beaches, Puerto

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