Investors are pouring money into global airline stocks, with an index for the sector reaching its highest level in two years. The MSCI All World Stock Index for airlines is at the highest level since June 2021. The index is up about 20% from the end of 2022, as airlines have outperformed the overall 14% rise in global stocks.
The question arises whether more profits lie ahead for investors in airline stocks, and I believe the answer is a resounding yes.
