Key Takeaways
- United Airlines was the best-performing stock in the S&P 500 on Wednesday, gaining 12% and trading at its highest level since February 2020, when the spread of Covid-19 first began to rattle travel stocks.
- United executives said the U.S. airline industry had reached an “inflection point,” and forecast yields and margins would improve next year.
- Business travel, executives said, has continued to recover from its pandemic slump, helping to push U.S. airport traffic to record…
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